Generation Licence definition
Examples of Generation Licence in a sentence
The Seller shall procure that the design of the Construction Works shall be carried out with all proper skill and care and in all material respects in accordance with this Agreement, including the Technical Specifications, the Laws of Tanzania (including the Seller Consents and the Generation Licence), Prudent Utility Practices and Prudent Electrical Utility Practices, so that the Complex is reasonably expected to provide a useful life of not less than the Term.
The Seller, shall adhere to the previously disadvantaged Namibian (as designated and defined in section 18 of the Affirmative Action (Employment) Act, Act No 29 of 1998 (hereinafter referred to as “PDN Shareholding”) requirements as stipulated in the Generation Licence.
The Parties acknowledge the ECB's rules and entitlement to mediate the settlement of certain disputes between the Parties as provided for in the Generation Licence.
Inconsistency with Other Terms and Conditions In the event of any inconsistency, ambiguity or conflict between the National Electricity Law, National Electricity Rules , AusNet Services’ Distribution Licence, the Customer’s Generation Licence, Distribution Code and this Agreement, the National Electricity Law, National Electricity Rules, Distribution Licence, Generation Licence, and Distribution Code (in that order) shall take precedence over this Agreement.
CEB shall issue a Commercial Operation Certificate to Facility Owner stating the date of the commercial operation of the Project (“Commercial Operation Date” or “COD”), which shall be the Business Day after the issuance of the Completion Certificate and the grant of a Permanent Generation Licence.