Facility Commercial Operation definition

Facility Commercial Operation means the condition of a Unit of the Facility, not to exceed a total of 150 Units, once it has achieved the following:
Facility Commercial Operation means the condition of the Facility once it has achieved the following:

Examples of Facility Commercial Operation in a sentence

  • Following the twentieth anniversary of the Initial Delivery Date of each Unit to achieve Facility Commercial Operation, the Disbursement Rate shall be reduced to $30.00 per MWH.

  • Following the fifteenth anniversary of the Initial Delivery Date of each Unit to achieve Facility Commercial Operation, the Disbursement Rate shall be reduced to $102.00 per MWH.

  • Following the fifteenth anniversary of the Initial Delivery Date of each Unit to achieve Facility Commercial Operation, the Disbursement Rate shall be reduced to $102.00 per MWH.Following the twentieth anniversary of the Initial Delivery Date of each Unit to achieve Facility Commercial Operation, the Disbursement Rate shall be reduced to $30.00 per MWH.

  • The first two phases achieved Facility Commercial Operation Date (Facility COD)7 in Fiscal 2019 and Fiscal 2020, respectively, pursuant to the terms of the LCE Incentive Agreement.

  • The first two phases achieved Facility Commercial Operation Date (Facility COD)12 in fiscal 2019 and fiscal 2020, respectively, pursuant to the terms of the LCE Incentive Agreement for the project.

  • The first two phases achieved Facility Commercial Operation Date (Facility COD)11 in fiscal 2019 and fiscal 2020, respectively, pursuant to the terms of the LCE Incentive Agreement for the project.

  • Time is of the essence in the achievement of the RNG Facility Commercial Operation Date.

  • Full plant operations commenced upon Facility Commercial Operation on April 14, 2018.

  • Within thirty (30) days of the Facility Commercial Operation Date, Seller shall replenish the Performance Assurance to the extent reduced by the amount of any draws prior to the Facility Commercial Operation Date and thereafter shall have no obligation to replenish the Performance Assurance.

  • BOC anticipates a Facility Commercial Operation Date (“COD”) on or before June 1, 2022 at the latest, however, COD may be refined during contract negotiations to reflect specific project timelines.

Related to Facility Commercial Operation

  • 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 Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Commence commercial operation means, with regard to a unit that serves a generator, to have begun to produce steam, gas, or other heated medium used to generate electricity for sale or use, including test generation subject to the following:

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

  • Commercial Operator means the person appointed by MDL as commercial operator of the Maui Pipeline from time to time.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Date of Commercial Operation or “COD” means

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Commercial driver s license" means:

  • Facility component means any part of a facility, including equipment.

  • Surgical Operation means manual and/or operative procedures for correction of deformities and defects, repair of injuries, diagnosis and cure of diseases, relief of suffering and prolongation of life.

  • Health facility means the medical college and hospital or the teaching hospital or the district/ sub-division etc. hospital to which the goods and/ or services under the contract shall be supplied.

  • Psychiatric facility means a psychiatric hospital or psychiatric unit licensed under section 134.

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

  • Agricultural operation means an agricultural, aquacultural, horticultural or silvicultural operation that is carried on in the expectation of gain or reward.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commercial Launch means on a country-by-country basis, the first sale of a Product to a Third Party following Regulatory Approval of the Product in such country.

  • Educational facility means a structure available for use as a dormitory or other housing facility, including housing facilities for students, a dining hall, student union, administration building, academic building, library, laboratory, research facility, classroom, athletic facility, health care facility, and maintenance, storage, or utility facility, and other structures or facilities related thereto or required or useful for the instruction of students or the conducting of research or the operation of an institution for higher education, including parking and other facilities or structures essential or convenient for the orderly conduct of the institution for higher education, and shall include lands and interests in lands and landscaping, site preparation, furniture, equipment, machinery, and other similar items necessary or convenient for the operation of a particular facility or structure in the manner for which its use is intended, and any improvements necessary to a particular facility to make the facility more energy efficient. Educational facility does not include items as books, fuel, supplies, or other items the costs of which are customarily deemed to result in a current operating charge and does not include any facility used or to be used for sectarian instruction or as a place of religious worship, nor a facility which is used or to be used primarily in connection with a part of the program of a school or department of divinity for a religious denomination.

  • Tanning facility means a place that provides access to tanning devices for compensation.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Nursing facility means an institution as defined in Iowa Code chapter 135C. This definition does not include acute care settings.

  • Cannabis processing facility means a person that:

  • Cannabis testing facility means an entity registered by