Development Stage. The Development Stage of this RE Contract shall be for a period of three (3) years from the date of execution of this RE Contract during which the RE DEVELOPER shall secure Financial Closing, undertake the development, construction, installation, test and commissioning of the Project, and until COD; otherwise, the term of this RE Contract shall automatically expire.
Appears in 2 contracts
Sources: Waste to Energy Operating Contract, Biomass Energy Operating Contract
Development Stage. The Development Stage of this RE Contract shall be for a period of three five (35) years from the date of execution of this RE Contract during which the RE DEVELOPER shall secure Financial Closingfinancial closing, undertake the development, construction, installation, test and commissioning of the Project, and until COD; otherwise, the term of this RE Contract shall automatically expire.
Appears in 1 contract
Sources: Solar Energy Operating Contract