Operations Period definition

Operations Period means the period commencing from COD and ending at the expiry of the Concession or Termination.

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Operations Period means a period of 03 years (extendable for another three years on annual basis) from the signing of the Contract, during which period the Bidder / contractor will perform the contractual obligations.

Operations Period means the period commencing from COD and ending on the expiry or prior termination of this Agreement Period;

Examples of Operations Period in a sentence

• Promptly following the Operations Period expiration, or an earlier termination of this Lease following a Tenant Default, Tenant shall cease the Facility’s commercial operation, shall remove all structures, equipment, security barriers, and transmission lines from the Lease Area, and dispose of all Facility materials in accordance with Applicable Law, all at Tenant’s sole cost and expense.

• During the Operations Period, Tenant may use the Lease Area for any of the Permitted Uses.

• Landlord’s grant of Easement in Sections (3)(a)(iv)) shall commence on the Effective Date and shall continue through the Development and Construction Period, during the Operations Period if Tenant is performing activities associated with expanding, modifying or repairing the Facility, and during the Decommissioning Period, but only for the amount of time associated with such activity.

• During the Operations Period, Tenant shall pay to Landlord Rent of Three Thousand Five Hundred Dollars ($3,500) per MW (DC) of Photovoltaic Generating Facility capacity per Operating Year, pro-rated for partial MWs.

• The Operations Period will commence at 12:01 a.m. on the day after the Commercial Operation Date and will end at 11:59 p.m. on the 25th anniversary of the Commercial Operation Date.

More Definitions of Operations Period

Operations Period means the period commencing from COD and ending at the expiry of the Concession /Termination.

Operations Period means the period commencing from COD and ending at the expiry of the agreement.

Operations Period means the period commencing from COD and ending at the expiry of the Concession Period.

Operations Period or “O&M Period” means the period commencing from the COD and terminating at the Transfer Date.

Operations Period means, in relation to a particular Project Facility, the period commencing from COD of the relevant Project Facility and ending on the expiry or prior termination of the Concession Period and in relation to the Project means the period commencing from issuance of the Completion Certificate in relation to all the Project Facilities and ending on the expiry of prior termination of the Concession Period;

Operations Period has the meaning provided in Section 2.

Operations Period means the period commencing from COD (in phases) and ending at the expiry of the Agreement Period.