Full Commercial Operation definition

Full Commercial Operation means the date following the day upon which the latest of the following events occurs:
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Full Commercial Operation means the fulfillment, to Buyer’s reasonable satisfaction, of all of the following criteria:
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Full Commercial Operation means the Project is operating and able to produce and deliver Energy to Buyer pursuant to the terms of this Agreement with not less than ninety- seven percent (97%) of the Contract Capacity.
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Examples of Full Commercial Operation in a sentence

  • This Proposal is for a contract term of twelve months from the expected Full Commercial Operation Date (as defined in the Draft TPPA).

  • If the Full Commercial Operating Date is not achieved by the Long Stop Full Commercial Operation Date, other than in the circumstances described in Clause 11.1.1 of this Agreement, the Buyer shall be entitled to terminate the Agreement.

  • Data sources included document review; grantee surveys; in-depth interviews with funder members, grantee partners, and external stakeholders; and a focus group with the TAI Secretariat.

  • If there is any conflict or inconsistency between the English version and the Malay version of these terms, the English version shall prevail.

  • Project Investment Obligation Seller shall achieve Full Commercial Operation prior to the Guaranteed Full Commercial Operation Date or make cash expenditures of at least of Qualified Capital for the Project Seller Employment Obligation During each Contract Year during the Term of this Agreement, Seller shall employ no less than full time equivalent workers, .

  • Option 2 Delivery, sale and purchase of electricity 1 Delivery of Net Electrical Output From the Full Commercial Operation Date and thereafter, the Seller agrees to deliver and sell to the Buyer the Net Electrical Output for the term of this Agreement specified in Clause - and at the price specified in Clause -.

  • Events of Default A Party shall be deemed to be in default under this Agreement if it experiences each or any of the Events of Default including: The Seller fails to complete, abandons or cancels construction of the Plant, or does not achieve the Long Stop Full Commercial Operation Date, unless such failure is attributable primarily to the failure of the government of the Republic of X or instrumentalities of the government of the Republic of X to issue necessary permits to the Plant.

  • If the Full Commercial Operating Date is not achieved by the Long Stop Full Commercial Operation Date, other than in the circumstances described in Clause - of this Agreement, the Buyer shall be entitled to terminate the Agreement.

  • The capacity of the project by the Guaranteed Full Commercial Operation date by the end of the 6th Contract Year shall be 15 MW.

  • Legitimacy and Bottom-Up Conventions Two facts about bottom-up conventions make inattention to their legitimacy less surprising.


More Definitions of Full Commercial Operation

Full Commercial Operation means the delivery by Seller to Buyer of a certification from an officer of Seller certifying that all of the following have occurred:
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Related to Full 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.

  • 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 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).

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

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

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

  • Date of Commercial Operation or “COD” means

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

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

  • 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.

  • Commercial cannabis activity means the production, cultivation,

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

  • Clinical Director means an individual who meets the minimum requirements set forth in Title 9, CCR, and has at least two (2) years of full-time professional experience working in a mental health setting.

  • 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 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.

  • 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.

  • Designated operational area means a geographic area designated by the combatant commander or subordinate joint force commander for the conduct or support of specified military operations.

  • Regional Director means the Regional Director of the Southwestern Region of the Ministry;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • In operation means engaged in activity related to the primary design function of the source.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • First Commercial Sale means the first sale for use or consumption of any Licensed Product in a country after all required Regulatory Approvals for commercial sale of such Licensed Product have been obtained in such country.

  • Medical director means any physician licensed under Iowa Code chapter 148, 150, or 150A who shall be responsible for overall medical direction of the service program and who has completed a medical director workshop, sponsored by the department, within one year of assuming duties.

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter: