Operating Phase definition

Operating Phase means the period commencing on the Operational Commencement Date and ending on the Expiry Date.

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Operating Phase means that period commencing on the Commencement of Underground Operations;

Operating Phase. Outlet material will consist of recycled liquid hydrocarbons, recycled water and recycled solids. OnSite shall not be required to meet any specific level of total petroleum hydrocarbons in the recycled solids.

Examples of Operating Phase in a sentence

• The Commencement of Operations is defined as the date on which the Operating Phase begins and will be automatically renewed on a year to year basis for a one-year renewal term, unless either party gives the other party sixty (60) days prior notice of its intent to terminate this Contract, effective at the end of the initial term or any renewal term.

• The costs (including any rental fee) for the Hired Equipment is a Pre- Operational Phase Cost to the extent it is incurred in the Pre-Operational Phase and is an Operating Cost to the extent it is incurred in the Operating Phase.

• If the parties in good faith determine that the results of the Pilot Program are acceptable, then the Contract shall immediately, without further action on the part of either party, progress to the "Operating Phase," otherwise, the Contract shall terminate.

• Unless and until such an agreement is entered into, the Operating Phase shall not commence.

• Unless terminated as otherwise provided in this Contract, the Operating Phase shall have a term of ***** from the Commencement of Operations.

More Definitions of Operating Phase

Operating Phase means the period commencing on the Delivery and ending on the date of termination or expiry of the Enterprise Contract;

Operating Phase means the period commencing on the interim occupancy of any of the Units to closing of the purchase and sale of the last of the Units.

Operating Phase. The rental payable during the Operating Phase shall be equivalent to 100% of the tendered value of the property, excluding VAT which shall be paid via EFT annually in arrears for the leased areas.

Operating Phase has the meaning given to it in the Project Agreement.

Operating Phase refers to the period after the Deployment Phase, the end date of which is indicated on the official report drawn up at the end of the Deployment Phase;

Operating Phase means the period contemplated in clause 12 of this Agreement when electricity generated by the Power Plant is sold. The Lessee shall inform the Lessor in writing, on commencement of the operating phase;

Operating Phase means the period after the Commencement of Full Operations.