Common use of Initial Delivery Date Clause in Contracts

Initial Delivery Date. The Initial Delivery Date is the day that all of the conditions listed in this Section 2.06 and in Section 2.06 of Attachment 1 have been satisfied for the Project: (a) Seller has placed in operation all equipment and systems required under Section 5.02; (b) Seller has provided at least three (3) Business Days’ Notice to SCE that it will achieve the Initial Delivery Date; (c) Seller has deposited with SCE the applicable Performance Assurance amounts as set forth in Section 7.02(a); and (d) Seller has executed and delivered to SCE all documents or instruments required under or requested pursuant to Article 7.

Appears in 2 contracts

Sources: Distributed Energy Resource Purchase and Sale Agreement, Distributed Energy Resource Purchase and Sale Agreement