COD Year definition

COD Year means the period commencing on October 1, 1998 and ending on the first anniversary thereof, and each succeeding year thereafter.
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Examples of COD Year in a sentence

  • During each COD Year, Operator shall have an opportunity to earn a Performance Bonus, or in the alternative, Operator shall be obligated to pay a Performance Penalty, which shall be calculated based upon the Facility's performance for each such COD Year as determined accordance with Exhibit E.

  • Payment of the Performance Bonus or the Performance Penalty, as the case may be, shall be made annually no later than forty-five (45) Days after the end of the applicable COD Year.

  • Notwithstanding any other provision of this Agreement, the Partnership is obligated to supply Phil▇▇▇▇ ▇▇▇h Electrical Energy no more than 95% of the time during any COD Year.

  • If the Project does not have Availability to supply Electrical Energy to Phil▇▇▇▇, Phil▇▇▇▇ ▇▇▇ll obtain electrical energy pursuant to the terms of the Standby Agreement, and the Partnership shall not be deemed to be in default hereunder for any failure to supply, even if the Project Availability Percentage is less than 95% in a COD Year.

Related to COD Year

  • Reviewed Year has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Income Year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.