Firm Operation Date definition

Firm Operation Date means the date that is six months after the Term Start Date.
Firm Operation Date has the meaning set forth in Section 1.05.
Firm Operation Date means the date that is six months after the Term Start Date. “Firm XXX Energy”, or “FE”, has the meaning set forth in Section 3(k) of Exhibit D. “First Penalty Month” has the meaning set forth in Section 3(b) of Exhibit I.

Examples of Firm Operation Date in a sentence

  • The 20-Day Demonstration shall commence at noon on a mutually agreed upon date which follows or is coincident with the Term Start Date and shall be completed no later than the Firm Operation Date, and shall extend for a total period of 20 consecutive non-holiday weekdays (the “20-Day Demonstration”).

  • In addition, as of the Firm Operation Date, the Performance Assurance Amount for the Performance Assurance required to be posted and maintained pursuant to Section 2 of this Exhibit D shall be calculated using the adjusted As-Available Contract Capacity, and any amount of Performance Assurance in excess of that required for the adjusted As-Available Contract Capacity shall be returned to Seller.

  • In addition, as of the Firm Operation Date, the Performance Assurance Amount for the Performance Assurance required to be posted and maintained pursuant to Section 2 of this Exhibit F shall be calculated using the adjusted Net Contract Capacity, and any amount of Performance Assurance in excess of that required for the adjusted Net Contract Capacity shall be returned to Seller.

  • If Force Majeure occurs at any time after the commencement of the Facility Term, but prior to the Firm Operation Date, which prevents Seller from demonstrating the Nameplate Contract Capacity as provided in Section 3.04, then the Firm Operation Date may, subject to Seller’s compliance with its obligations as the Claiming Party under Section 5.02, be extended by Seller on a day-for-day basis for the duration of the Force Majeure.

  • The Firm Operation Date shall be the date that is six (6) months after the Initial Operation Date, plus any additional days for Force Majeure as provided in Section 5.04, or as may be agreed to in a writing signed by both Parties.

  • The Facility Term shall commence as set forth in Section 2.03(a) and shall end on the date that is the later of (a) the last day of the calendar month which is two hundred and forty (240) months from the month of the Firm Operation Date, and (b) December, 31, 2035.

  • The Firm Operation Date is the date that is thirty (30) days after Commercial Operation as set forth in Section 2.03(b), plus any additional days for Force Majeure as provided in Section 5.04.

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  • The Term commences on the Commercial Operation Date determined in accordance with Section 2.03 and ends on the last day of the calendar month [number of months in Term (#)] months ([number of years in Term (#)] years) from the month of the Firm Operation Date.

  • If Force Majeure occurs at any time after commencement of the Term, but prior to the Firm Operation Date, which prevents Seller from demonstrating the Contract Capacity as provided in Sections 3.04(d) or 3.04(e), then the Firm Operation Date shall, subject to Seller’s compliance with its obligations as the Claiming Party under Section 5.02, be extended on a day-for-day basis for the duration of the Force Majeure.


More Definitions of Firm Operation Date

Firm Operation Date means the earlier of (i) six (6) months after the first full day that the Project is synchronized with the electrical system to which it is interconnected; or (ii) six (6) months after the Confirmation Effective Date.
Firm Operation Date means six months after the first full day that the Project is synchronized with the electrical system to which it is interconnected.
Firm Operation Date means the last day of the calendar month which is:
Firm Operation Date means the last day of the calendar month which is six (6) months after the Selected Date, plus any additional days for Force Majeure as provided in Section 5.04, or such other date agreed to in a writing signed by both Parties.
Firm Operation Date means the date that is six months after the commencement of the Term. “First Penalty Month” has the meaning set forth in Section 3(b)(i) of Exhibit I.
Firm Operation Date means the date that is six months after the Term Start Date. “Firm TOD Energy”, or “FE”, has the meaning set forth in Section 3(k) of Exhibit D. “First Penalty Month” has the meaning set forth in Section 3(b) of Exhibit I.

Related to Firm Operation Date

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

  • Testing Date means 31 December of each year.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

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

  • Billing Commencement Date means the earlier of:

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Date of Commercial Operation or “COD” means

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Reconciliation Period is each calendar month.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.