Common use of Guaranteed Commercial Operation Date Clause in Contracts

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 by the date that is no later than twenty-four (24) months after the Effective Date of this Agreement, except as such date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).

Appears in 14 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 by the date that is no later than twentythirty-four six (2436) months after the Effective Date of this Agreement, except as such date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 IV by the date that is no later than twenty-four (24) months after the Effective Date of this Agreement, except as such date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 by the date that is no later than twenty-four (24) months after the Effective Date of this AgreementJune 30, 2024, except as such date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 IV by the Guaranteed Commercial Operation Date, which date that is shall be no later than twenty-four eighteen (2418) months after the Effective Date of this Agreement, except as such date provided that for a New Project, the Guaranteed Commercial Operation Date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).months:

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 by the date that is no later than twentythirty-four six (2436) months after the Effective Date of this Agreement, except as such date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”), provided, however, that the Commercial Operation Date shall not occur more than one hundred eighty (180) days prior to the Guaranteed Commercial Operation Date.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 IV by the Guaranteed Commercial Operation Date, which date that is shall be no later than twenty-four (24) months after the Effective Date of this Agreement, except as such date provided that for a New Project, the Guaranteed Commercial Operation Date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).months:

Appears in 1 contract

Samples: Power Purchase Agreement

Guaranteed Commercial Operation Date. (i) The Parties agree time is of the essence in regards to the Agreement. As such, Seller shall have demonstrated Commercial Operation per the terms of Appendix IV-2 IV by the Guaranteed Commercial Operation Date, which date that is shall be no later than twenty-four eighteen (2418) months after the Effective Date of this Agreement, except as such date provided that the Guaranteed Commercial Operation Date may be extended on a day for day basis for not more than a cumulative six (6) month period for a Permitted Extension (the “Guaranteed Commercial Operation Date”).months:

Appears in 1 contract

Samples: Power Purchase Agreement

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