Delivery Term definition

Delivery Term means the period of Contract Years set forth on the Cover Sheet beginning on the Commercial Operation Date, unless terminated earlier in accordance with the terms and conditions of this Agreement.

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Delivery Term has the meaning set forth in Section 1.1(b).

Delivery Term has the meaning set forth in Section 3.1(c).

Examples of Delivery Term in a sentence

• Damages Prior to the start of the Delivery Term, the Contract Capacity must meet the Guaranteed Contact Capacity provided within the Response.

• If NYSERDA first purchases Tier 4 RECs pursuant to the Purchase Agreements prior to the Inside Date, the Contract Delivery Term shall nonetheless not commence until the Inside Date.

• This Agreement shall be effective as of the Effective Date and shall terminate on the sooner to occur of (i) the expiration of the Contract Delivery Term, and (ii) the effective date of termination in accordance with applicable provisions of this Agreement.

• Delivery Term - The period for which prices for All-Requirements Power Supply have been established, as set forth Exhibit A.

• The Parties agree that all requirements set forth herein for the first year of the Contract Delivery Term shall be addressed in the same manner as such requirements are addressed in any program NYSERDA adopts with respect to jurisdictional load-serving entity purchases of Tier 4 RECs, provided that such provisions for the Stub Year are in accordance with City’s appropriations requirements and procedures.

More Definitions of Delivery Term

Delivery Term has the meaning set forth in Section 2.5.

Delivery Term. “Delivery Term” means [XX] Contract Years, beginning on the Commercial Operation Date. “Contract Year” means a period of twelve (12) consecutive months. The first Contract Year shall commence on the Commercial Operation Date, and each subsequent Contract Year shall commence on the anniversary of the Commercial Operation Date.

Delivery Term of a Designated System means the period (i) starting on first day of the month following the date the first REC from such Designated System is Delivered to Buyer, and (ii) ending on the last day of the one hundred eightieth (180th) month after the start of the Delivery Term where the first (1st) month is the month following the date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any Suspension Period up to a maximum extension of seven hundred thirty (730) days.

Delivery Term has the meaning set forth in Section 3.1(c) and shall be of the length specified in the Cover Sheet.

Delivery Term means the period beginning with Initial Synchronization and continuing throughout the end of the Term.

Delivery Term means the period of time during which Seller and Buyer are obligated to sell and purchase the Products in accordance with the terms hereof, as determined according to Section 2.2(b) and Section 2.2(c).

Delivery Term means the period of Contract Years specified on the Cover Sheet, beginning on the first date that Buyer accepts delivery of the Product from the Project in connection with this Agreement following Seller’s demonstration of satisfaction of the items listed below in this Section 3.1(c) (“Initial Energy Delivery Date”) and continuing until the end of the tenth, fifteenth, or twentieth Contract Year (as applicable, based on the Cover Sheet election) unless terminated as provided by the terms of this Agreement; provided that the Expected Initial Energy Delivery Date may be extended as provided in this Section 3.1(c). The Initial Energy Delivery Date shall occur as soon as practicable once all of the following have been satisfied: (i) that Commercial Operation has occurred; (ii) Buyer shall have received and accepted the Delivery Term Security in accordance with the relevant provisions of Article Eight of the Agreement, as applicable; (iii) Seller shall have obtained the requisite CEC Certification and Verification for the Project; (iv) all of the applicable Conditions Precedent in Section 2.5(a) have been satisfied or waived in writing; (v) for resources that are already under a contract as of the Execution Date, that existing contract must have expired by its own terms before the Initial Energy Delivery Date; (vi) Seller shall have demonstrated satisfaction of Seller’s other obligations in this Agreement that commence prior to or as of the Delivery Term; and (vii) unless Seller has been directed by Buyer to not participate in the Participating Intermittent Resource Program, Buyer shall have received written notice from the CAISO that the Project is certified as a Participating Intermittent Resource to the extent the Participating Intermittent Resource Program exists for the Project’s technology type at such time as the conditions in subsections (i) through (vi) of this Section 3.1(c) are satisfied.[Subsection (vii) applicable to solar, wind, or hydro Projects only] In the event that Seller cannot satisfy the requirements for Initial Energy Delivery Date by the Expected Initial Energy Delivery Date, as set forth in this Section 3.1(c), then Seller may provide Buyer with a one-time Notice of a thirty (30) day extension of the Test Period and Expected Initial Energy Delivery Date (“Initial Extension”) along with a written explanation of the basis for the extension, no later than five (5) Business Days prior to the Expected Initial Energy Delivery Date as set fort...