Partial Commercial Operation definition

Partial Commercial Operation means the fulfillment, to Buyer’s reasonable satisfaction, of all of the following criteria (provided, however, that even if Partial Commercial Operation is achieved, the Commercial Operation Date under this Agreement shall only occur on a Day determined by Buyer pursuant to Section 3.3.4(b)):
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Partial Commercial Operation means the Project is operating and able to produce and deliver Energy to Buyer pursuant to the terms of this Agreement with not less than 50% of the Contract Capacity.
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Partial Commercial Operation as used herein means that construction of the gas turbines and necessary related facilities has been substantially completed, trial operations thereof have been completed, the twenty-four hour test required in Section 5.10 has been completed and the gas turbines are available for normal and continuous operation. The dates of Commercial Operation and Partial Commercial Operation shall be determined by Cogenerator but the Partial Commercial Operation date shall not, unless otherwise agreed, be later than six (6) months after the first trial operation. The first trial operation shall be on the date that power and energy is first generated by the Plant.
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Examples of Partial Commercial Operation in a sentence

  • Seller shall maintain the Facility’s status as a QF or EWG at all times after the first Partial Commercial Operation Date and shall obtain and maintain any requisite authority to sell the output, including Capacity, of the Facility at market-based rates or an exemption from the requirement that it have such authority.

  • During the period prior to the Partial Commercial Operation Date for each Phase (each a “Test Period”), Seller shall sell and Deliver, and Buyer shall purchase and receive, Buyer’s Percentage Entitlement of any Energy and RECs produced by that Phase.

  • Seller’s obligation to Deliver the Products and Buyer’s obligation to pay Seller for such Products from any Phase commences on the Partial Commercial Operation Date for that Phase; provided that Energy, Capacity and RECs generated by a Phase prior to the Partial Commercial Operation Date for that Phase shall not be deemed Products.

  • The Renewable Resource Facility's "Partial Commercial Operation" begins at 12:01 a.m. on the Phase One Partial Commercial Operation Date and continues until the Commercial Operation Date or until this Agreement is terminated, whichever occurs first.

  • If less than seven full calendar Peak Months have occurred since the date of Partial Commercial Operation or the end of any months excluded by Cogenerator pursuant to Section 7.04, whichever is later, then Peak Month Capacity Factor will be determined by using only said lesser number of months.

  • During Partial Commercial Operation, TU Electric shall pay Producer for all electric energy other than Trial Energy delivered to TU Electric by Producer at the Point of Interconnection and produced by the Renewable Resource Facility ("Delivered Energy") at the Contract Price.

  • Seller shall provide Buyer with a notice when Seller believes that all conditions precedent to achieving (i) Partial Commercial Operation, and (ii) Full Commercial Operation of the Facility as specified in the definitions of “Partial Commercial Operation” and “Full Commercial Operation,” as applicable, in Section 1.1 have been satisfied.

  • Prior to the end of the seventh full calendar month after the date of Partial Commercial Operation, Cogenerator shall notify Company in writing which month or months (not to exceed two) immediately following the date of Partial Commercial Operation that Cogenerator chooses to exclude from the calculation of Annual Capacity Factor; provided, that such excluded month or months, if any, must be the first full calendar month or the first two full calendar months after the date of Partial Commercial Operation.

  • Prior to the dates of Commercial Operation and Partial Commercial Operation, Cogenerator shall perform or allow Company to perform, as specified, the following tests on the Plant after reasonable notice to Company.

  • After Partial Commercial Operation, similar programs will be provided by Cogenerator for equipment in service.


More Definitions of Partial Commercial Operation

Partial Commercial Operation means the delivery by Seller to Buyer of a certification from an officer of Seller certifying that all of the following have occurred:
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