COD Target Date definition

COD Target Date has the meaning given in item 16 of the Reference Details. Commercial Operations Date means the date on which the COD Conditions for the Project are either satisfied or waived by the Commonwealth in accordance with clause 7 (“COD Conditions”).

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COD Target Date has the meaning given in item 13 of the Reference Details.

COD Target Date means [May 1], [year.] [PROPOSER TO IDENTIFY THE “YEAR” FOR THE COD TARGET DATE] Confidential Information – has the meaning set forth in Section 19.1(ii).

Examples of COD Target Date in a sentence

All excess costs for Seller to recover the Project COD Target Date will be to Seller’s account and Seller’s sole responsibility.
Buyer and Seller shall jointly develop the written Operating Instructions for the Project by no later than ninety (90) Days prior to the Project COD Target Date Extended.
If Buyer determines that Seller’s proposed recovery plan is not likely to restore the progress or completion of the Project during the Construction Period, Buyer shall have the right to require Seller to implement, or cause to be implemented, measures determined in its sole reasonable discretion to bring the Project back on schedule for achievement of the Project COD Target Date.
Within ten (10) Days after the end of each Month during the Construction Period of the Project, Seller shall deliver a written report to Buyer describing the schedule and current status of construction of the Project, including any potential Excused Failure Days or other events of material significance to Seller’s ability to meet the Project COD Target Date.
Additionally, if at any time ▇▇▇▇▇ believes that achievement of Project COD by the Project COD Target Date may be in jeopardy, Buyer may provide written notice to Seller.
Seller shall provide prompt written notice to Buyer if at any ▇▇▇▇ ▇▇▇▇▇▇ becomes aware of actual or potential delays in the performance, progress or completion of the Project during the Construction Period that would jeopardize achievement of Project COD by the Project COD Target Date.
Buyer shall maintain the deposited amount in the Escrow Account as a down payment for satisfying the COD Liquidated Damages, if any, payable pursuant to Section 3.3; provided, however, that if Seller achieves the Project COD on or before the Project COD Target Date, Buyer shall return to Seller any Liquidated Damages paid by Seller pursuant to this Section 2.3.1, without interest, within thirty (30) Business Days of the Project COD.
Notwithstanding anything to the contrary contained herein, if the Project COD Target Date (as defined in the BOOT Contract) has not occurred on or before the Project COD Deadline, at any time after such date Lessor may terminate this Lease.
Buyer and Seller shall jointly develop the written Operating Instructions for the Project by no later than ninety (90) Days prior to the Project COD Target Date.
Seller shall notify Buyer immediately of any events which may reasonably be expected to adversely affect Seller’s ability to achieve Commercial Operation by the COD Target Date.

More Definitions of COD Target Date

COD Target Date means has the meaning given to that term in clause 11. Dispose means assign, novate, transfer or otherwise dispose of any legal or equitable interest, either in whole or part, whether by sale, lease, declaration or creation of trust or otherwise and Disposal has a corresponding meaning. Draft Milestone Cure Plan has the meaning given to that term in clause 9. FC Sunset Date has the meaning given to that term in clause 7.

COD Target Date means October 31, 2020.