Commercial Operation definition

Commercial Operation means the Conditions of Operation in which the complete equipment covered under the Contract is officially declared by TSECL to be available for continuous operation at different loads upto and including rated capacity. Such declaration by TSECL, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

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Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

Commercial Operation means any operation of an aircraft, in return for remuneration or other valuable consideration, which is available to the public or, when not made available to the public, which is performed under a contract between an operator and a customer, where the latter has no control over the operator;

Examples of Commercial Operation in a sentence

No later than thirty (30) days of the Commercial Operation date, Power Supplier shall provide copies of all warranties, specifications and drawings for the System to Customer.
Emergen shall provide the JV with Projects that have reached the Ready-to-Build (“RTB”) or Notice-to-Proceed (“NTP”) stage, upon acceptance by the JV, Emergen shall transfer a Project to the JV upon acceptance by the JV, and thereafter the Parties shall work with the objective of jointly executing, implementing, and advancing these projects through to their Commercial Operation Date (“COD”).
Commercial Operation Date or COD shall mean the date when a B▇▇▇ project is fully constructed, commissioned, tested, and officially begins commercial operations.
To the extent such amounts are paid by Power Supplier after the Commercial Operation Date, Customer will reimburse Power Supplier in the manner described in Section 15.
In the event of the imposition of any Utility and Governmental Charges in connection with this Agreement prior to the Commercial Operation Date, Power Supplier shall have the right, in its sole discretion, to pay such Utility and Governmental Charges or to terminate this Agreement without liability, upon ten (10) day's prior written notice to Customer.

Commercial Operation means the date on which the Project becomes commercially operational and placed into service such that all of the following events have occurred and remain simultaneously true and accurate:

Commercial Operation means the Facility is operating and able to produce and deliver the Product to Buyer pursuant to the terms of this Agreement.

Commercial Operation means, solely for purposes of this Agreement, the date on which a material portion of Qualified Property has been installed or constructed on the Land and is capable of generating electricity.

Commercial Operation means the Project is operating and able to produce and deliver the Product to Buyer pursuant to the terms of this Agreement and in the case of Baseload Product, as further provided in Appendix IV-3.

Commercial Operation has the meaning ascribed to it in Section 2.5.

Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by OPTCL to be available for continuous operation at different loads for periods mentioned in the specification so as to relieve the Contractor of his obligations for such operation under the Contract.

Commercial Operation means the date that the first electricity produced by a facility is delivered for commercial sale to the power grid.