Milestone Date for Commercial Operation definition

Milestone Date for Commercial Operation means the date identified as such in Exhibit P. “Ministerial Directive” has the meaning ascribed to it in the recitals to this Agreement.‌
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Milestone Date for Commercial Operation or “MCOD” means the date set out in Exhibit B by which the Project is required to attain Commercial Operation.
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Milestone Date for Commercial Operation means the date identified as such in Exhibit QP.‌‌
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Examples of Milestone Date for Commercial Operation in a sentence

  • The Parties agree that Commercial Operation shall be achieved in a timely manner and by the Milestone Date for Commercial Operation.

  • If an event of Force Majeure causes the Supplier to not achieve Commercial Operation by the Milestone Date for Commercial Operation, then the Milestone Date for Commercial Operation shall be extended for such reasonable period of delay directly resulting from such Force Majeure event.

  • The Commercial Operation Date has not occurred on or before the date which is 18 months after the Milestone Date for Commercial Operation, or otherwise as may be set out in Exhibit A.

  • Where the Sponsor has issued an NTP Deferral Notice, the Milestone Date for Commercial Operation shall be extended on a day-for-day basis corresponding to the number of days following the issuance of the NTP Deferral Notice up to and including the day on which Notice to Proceed is issued (the “ NTP Delay”) or shall otherwise be extended by such longer reasonable period of time directly resulting from the NTP Delay.

  • The Milestone Date for Commercial Operation is the date that is 18 months following the Contract Date.

  • The Supplier must provide the Sponsor with a completed NTP Request no later than the Milestone Date for Commercial Operation.

  • Where the Facility is one described in Section 4.2(a), the Supplier shall deliver a copy of the Metering Plan in the Prescribed Form to the Sponsor for its approval no later than 90 days prior to the Milestone Date for Commercial Operation.

  • The Supplier’s failure to timely achieve a Milestone Event, except the Milestone Date for Commercial Operation as provided herein, shall not constitute an Event of Default.

  • Where the OPA has issued an NTP Deferral Notice, the Milestone Date for Commercial Operation shall be extended on a day-for-day basis corresponding to the number of days following the issuance of the NTP Deferral Notice up to and including the day on which Notice to Proceed is issued (the “ NTP Delay”) or shall otherwise be extended by such longer reasonable period of time directly resulting from the NTP Delay.

  • The “ Longstop Date” will be the date that is eighteen (18) months after the Milestone Date for Commercial Operation.


More Definitions of Milestone Date for Commercial Operation

Milestone Date for Commercial Operation means February 25, 2014, which is the date set out in the FIT Contract by which the Wind Facility is required to attain commercial operation.
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Milestone Date for Commercial Operation means the date identified as such in Exhibit F.
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Milestone Date for Commercial Operation means the date set out in Exhibit A to the FIT Contract by which the Facility is required to attain Commercial Operation.
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Milestone Date for Commercial Operation has the meaning given in the FIT Contract, being October 27, 2013 as at the date of this Agreement;
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Related to Milestone Date for Commercial Operation

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • 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 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.

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

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

  • 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.

  • Development Milestone Event has the meaning set forth in Section 7.1.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Date of Commercial Operation or “COD” means

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

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • 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:

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Event has the meaning set forth in Section 8.4.

  • Milestone means an event or task described in the Implementation Plan which, if applicable, must be completed by the relevant Milestone Date;

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • 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;

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Phase 2 Clinical Trial means a human clinical trial of a product in any country that would satisfy the requirements of 21 C.F.R. 312.21(b) and is intended to explore a variety of doses, dose response, and duration of effect, and to generate initial evidence of clinical safety and activity in a target patient population, or a similar clinical study prescribed by the relevant Regulatory Authorities in a country other than the United States.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • 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.

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.