Project Development and Operation Sample Clauses
The 'Project Development and Operation' clause defines the responsibilities and procedures related to the planning, construction, and ongoing management of a project. It typically outlines the parties' obligations during each phase, such as obtaining permits, meeting milestones, and maintaining operational standards. By clearly allocating duties and expectations, this clause ensures that both development and operational activities proceed smoothly and that accountability is maintained throughout the project's lifecycle.
Project Development and Operation. Developer shall design, finance, procure, install, own, and operate the Energy System, at Developer’s sole cost. Developer will be solely responsible for the following: Obtaining requisite permitting, land use, and other required compliance approvals to allow for the construction and operation of the Energy Systems, including, without limitation, California Independent System Operator (CAISO) approvals. Detailed design of Energy Systems including system sizing, interconnection and protection devices. Installation of Energy Systems designed as front-of-meter grid-connected resource(s). Ownership and performance of ongoing operation, maintenance and monitoring of installed Energy Systems to insure their reliable performance. Decommissioning or repowering of the Energy Systems after the useful life is over.
Project Development and Operation. Vendor shall cause the Project to be developed and operated to the standard of a reasonably prudent offset project developer and in accordance with the requirements of the Project Plan and Applicable Law, and, without limitation: Vendor will take all commercially reasonable steps to ensure issuance by the Director prior to each Delivery Date of Project Offset Units in respect of the Applicable Project Report Period for that Delivery Date; and at least 40 Business Days prior to each Delivery Date, or such other period as the Province, acting reasonably, advises Vendor is consistent with timelines for Director’s review of applications for Offset Unit issuance and Delivery in accordance with section 2.3(a), Vendor will submit to the Director an application for issuance of Project Offset Units, together with Project Report, verification statement, and all other materials required by GGECR for issuance of Project Offset Units in respect of the Applicable Project Report Period.
Project Development and Operation. Vendor shall cause the Project to be developed and operated to the standard of a reasonably prudent offset project developer and in accordance with the requirements of the Project Plan and Applicable Law.
Project Development and Operation