Commercial Operations Date definition

Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

Commercial Operations Date bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;

Commercial Operations Date means the date on which a project becomes commercially operational.

Examples of Commercial Operations Date in a sentence

• For Generation Resources with a Commercial Operations Date on or before January 1, 2004, the generic incremental heat rate shall be set to 10.5. For Generation Resources that have a Commercial Operations Date after January 1, 2004, this value shall be set to 14.5. Where for a Combined Cycle Train, the Resource r is a Combined Cycle Generation Resource within the Combined Cycle Train.

• Lead Member shall have 26% shareholding of the SPV until first anniversary of the Commercial Operations Date of the Project.

• In case the selectedtenderer is a Consortium, Members of the Consortium shall collectively hold at least 51% of subscribed and paid-up equity share capital of the SPV at all times until first anniversary of the Commercial Operations Date of the Project.

• In the event of a termination of this Agreement for a Seller Event of Default, prior to the Commercial Operations Date, the Seller shall reimburse the GOP for all costs and expenses (including reasonable attorneys’ fees and expenses) relating to the Project incurred by the GOP prior to the termination, which amount in any event shall not exceed one hundred and fifty thousand Dollars ($150,000).

• Lead Member shall hold 26% shareholding of the SPV until first anniversary of the Commercial Operations Date.

More Definitions of Commercial Operations Date

Commercial Operations Date means the date falling one day after the day on which the Project is commissioned to operate on a commercial basis.

Commercial Operations Date or “COD” means the date when the Concessionaire begins commercial operations of the Processing Facility pursuant to issuance of Operational Acceptance Certificate by the Authority;

Commercial Operations Date. The Day immediately following the date on which the Complex is Commissioned; provided, that in no event shall the Commercial Operations Date occur earlier than ninety (90) Days prior to the Required Commercial Operations Date without the prior written approval of the Power Purchaser, which approval may be given or withheld in the sole discretion of the Power Purchaser.

Commercial Operations Date means the date on which the commercial operations of the advertisement on buses are commenced by the Agency which shall be 15 days signing the Advertisement Agreement

Commercial Operations Date bears the meaning ascribed thereto in the Power Purchase Agreement; “Commissioned” bears the meaning ascribed thereto in the Power Purchase Agreement; “Commissioning” bears the meaning ascribed thereto in the Power Purchase Agreement;

Commercial Operations Date means the date following the Day on which the Facility is Commissioned at the Contracted Facility Capacity or, if Commissioned at less than the Contracted Facility Capacity, the date following the Date on which liquidated damages have been paid by the Company for the Initial Dependable Capacity less than the Contracted Facility Capacity as provided in Section 8.2;

Commercial Operations Date shall have the meaning set forth in Clause 11.3.