Examples of Commercial Operations in a sentence
If applicable, notwithstanding any other provision of this Article 8 (Events of Default) to the contrary, any failure of Seller to achieve any of the Guaranteed Project Milestones by the applicable Guaranteed Project Milestone Date, including Commercial Operations by the Guaranteed Commercial Operations Date, shall be governed by Section 3.1 (Guaranteed Project Milestones Including Commercial Operation) of APPENDIX F (Facility Requirements) in lieu of this Article 8 (Events of Default).
Metro shall allow for Commercial Operations of the Project only after availing the Construction Completion Certificate for the Project and hainding over of the Total Area Offered to Maha-Metro with all the necessary approvals and sanctions.
The Parties shall have the rights and obligations set forth in Section 3.1 (Guaranteed Project Milestones Including Commercial Operation) of APPENDIX F (Facility Requirements) in the event a condition or event of Force Majeure affects the achievement of a Guaranteed Project Milestone Date, including the Guaranteed Commercial Operations Date.
On and from the Commercial Operations Date (“COD”) till the Transfer Date, the Concessionaire shall have the sole and exclusive right to demand, collect and appropriate revenue from the Project excluding the Total Area Offered to Maha-Metro, including but not limited to Project Revenues,.
This Agreement may be terminated by the Developer after giving the NYISO and Transmission Owner ninety (90) Calendar Days advance written notice, or by the NYISO and Transmission Owner notifying FERC after the Large Generating Facility permanently ceases Commercial Operations.