Operation Period definition

Operation Period means the period commencing from COD and ending on the Transfer Date;

Operation Period means the period commencing from the date of issue of Completion Certificate and ending at the end of 360th months from that date unless terminated earlier or modified subject to Articles 18 and 23;

Operation Period means the period commencing from COD till the end of the Agreement Period or till termination, in case of premature termination;

Examples of Operation Period in a sentence

• The Authority shall procure that during the Operation Period, no barriers are erected or placed by any Government Instrumentality on the Bus Terminal except for reasons of Emergency, national security, or law and order.

• If CAISO has issued a Dispatch Notice for Energy to a Unit under Condition 1, Owner may enter into Market Transactions for Energy at any level during the Requested Operation Period, and may enter into a Market Transaction for Ancillary Services at any level that does not preclude compliance with the Dispatch Notice.

• The Concessionaire shall procure that at all times during the Operation Period, the Bus Terminal conforms to the maintenance requirements set forth in Schedule-K (the “Maintenance Requirements”).

• Owner may provide such notice after the Requested Operation Period if the notice concerns a Dispatch Notice given during, or less than one-half hour prior to, the Requested Operation Period.

• The Concessionaire shall effect and maintain at its own cost, during the Construction Period and the Operation Period, such insurances for such maximum sums as may be required under the Financing Agreements, and the Applicable Laws, and such insurances as may be necessary or prudent in accordance with Good Industry Practice.

More Definitions of Operation Period

Operation Period. The period beginning on the day immediately following Acceptance.

Operation Period means the period commencing from COD and ending on the date of Termination of this Agreement;

Operation Period the period from the Operation Commencement Date to the Expiry Date, unless this PPP Agreement is terminated earlier in accordance with its terms;

Operation Period means the period commencing from Commercial Operation and ending on the Transfer Date;

Operation Period means the period commencing from COD;

Operation Period means period starting from Commercial Operation Date till expiry of Concession Period or Termination as the case may be;

Operation Period means the period commencing on the Effective Date and ending on the termination or expiration date established pursuant to Section 11.01 or 11.02 hereof.