Full Commercial Operation definition

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 date following the day upon which the latest of the following events occurs:

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:

Examples of Full Commercial Operation in a sentence

At the end of all Ramp-Up Periods, Seller will notify Buyer in writing that the Full Commercial Operation Date has occurred.
The Plant shall be ready for regular daily operation and Contractor shall have finalised commissioning and testing by the Full Commercial Operation Date.
From the Early Generation Commercial Operation Date and prior to the Full Commercial Operation Date and not less than once in every period of twelve (12) months the Seller shall conduct a Contracted Early Generation Capacity Test on the Early Generation Facility.
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 Kenya or instrumentalities of the government of the Republic of Kenya to issue necessary permits to the Plant.
The Lease commences on the Full Commercial Operation Date and unless terminated under Part 5, shall terminate on the Lease Expiry Date (the Lease Term).
In the event that the matter is referred to an Expert, the Required Full Commercial Operation Date and the Long Stop Full Commercial Operation Date shall be extended by the period during which the Expert is making his determination.
The Contractor shall provide at the latest on the Full Commercial Operation Date the certificate of insurance for the Plant.
Unless terminated in accordance with its terms, this Agreement shall come into force on the date of this Agreement and shall continue in force until the [  ] being the anniversary of the Full Commercial Operation Date.
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.
Lease and Lease Term From the Full Commercial Operation Date, the Contractor leases the Plant to the Client.

More Definitions of Full Commercial Operation

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.

Full Commercial Operation means the condition existing when Seller has fulfilled all of the conditions precedent in Section 2.2 and Section 2.3 of the Agreement with respect to the Guaranteed Capacity and provided Notice to Buyer substantially in the form of Exhibit H (the “Full COD Certificate”). The “Full Commercial Operation