Execution and Commencement Dates Sample Clauses

Execution and Commencement Dates. Contract execution is contingent upon receipt of the required State of North Carolina approvals and financing. The Commencement Date shall be the first day of the month after the month in which all schedules are in final form and accepted by the ISSUERCUSTOMER and ESCOCOMPANY shall have delivered a written Notice to the ISSUERCUSTOMER that (i) it has completed the installation and commissioning and commenced operating all of the energy conservation measures specified in Schedule A; (ii) no Event of Default under Article 11 exists; and, (iii) the Energy Savings Guaranty set forth in Schedule B is in full force and effect; and the ISSUERCUSTOMER has inspected and accepted said installation and operation as evidenced by the Certification of Acceptance as set forth in Exhibit II (ii). Compensation payments due to ESCO for project monitoring, savings measurement and verification, reporting and maintenance services under this Contract as set forth in Schedule C shall begin no earlier than days from the Commencement Date as defined herein.