Partial Commercial Operation Date definition

Partial Commercial Operation Date means the date on which the conditions set forth in Section 3.3(b) have been satisfied with respect to a portion of the Facility, as set out in a written notice from Seller to Buyer.
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Partial Commercial Operation Date means the date on which Partial Commercial Operation shall have occurred.
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Partial Commercial Operation Date means the day following the date on which the Seller’s Interconnection Facilities are installed
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Examples of Partial Commercial Operation Date in a sentence

  • 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 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.

  • 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.

  • While the quantity of power that National Grid is obligated to purchase and the length of time that National Grid is obligated to purchase that power ( i.e., 15 years for each phase) depends on when each phase reaches its Partial Commercial Operation Date, the no more than 17 escalation dates during the term of the contract and no more than 15 escalation dates after the first Partial Commercial Operation Date (PPA-1, § 5.1(b); Exh.

  • If the facility is placed into operation early and achieves a Partial Commercial Operation Date in 2012, the Bundled Price for products delivered in 2012 will be reduced by3.5 percent (PPA-1, exh.

  • Cape Wind may adjust the size of the facility 20 days after PPA-2 is terminated or the first Partial Commercial Operation Date occurs, whichever is earlier (PPA-1, § 4.10; PPA-2, § 8.5).

  • Each phase of the facility will have a Partial Commercial Operation Date, which is the date that the phase is substantially completed and capable of regular commercial operation (PPA-1, § 3.3(b)).B.

  • This provision was not included in PPA-1 (original).90 days before the 14-year anniversary of the date on which the first phase of the facility enters into commercial operation ( i.e., the first Partial Commercial Operation Date) (PPA-1, § 2.2(f); Exh.

  • PPA-1 does not include a deadline for the first Partial Commercial Operation Date.

  • Term of ContractUnder PPA-1, National Grid will be obligated to purchase power from each phase of the facility beginning on its Partial Commercial Operation Date for 15 years (PPA-1, §§ 2.2, 3.3; Exh.


More Definitions of Partial Commercial Operation Date

Partial Commercial Operation Date means the date on which Seller has (a) notified Buyer that Partial Commercial Operation has occurred, and (b) provided to Buyer a certification of a Licensed Professional Engineer, substantially in the form attached hereto as Appendix VI-B, demonstrating satisfactory completion of the Commercial Operation Certification Procedure as provided in Appendix V hereto in respect of Partial Commercial Operation.
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Partial Commercial Operation Date shall have the meaning set forth in Clause 14.1.2 of this Agreement;
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Related to Partial Commercial Operation Date

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

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

  • 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.

  • 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:

  • Date of Commercial Operation or “COD” means

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

  • 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 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).

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Commercial Operator means the person appointed by MDL as commercial operator of the Maui Pipeline from time to time.

  • 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.

  • Final Completion Date means the date on which Final Completion occurs.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Billing Commencement Date means the earlier of:

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Normal operation means the oper- ation of a program or activity without significant changes that would impair its ability to meet its objectives.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;