Project Commercial Operation Date definition

Project Commercial Operation Date means the date on which Seller (a) notifies Buyer in writing that Project Commercial Operation has occurred (in accordance with the Project size requirements of Section 5.4), and (b) provides a certification of a Licensed Professional Engineer, substantially in the form attached hereto as Appendix 2, certifying satisfactory completion of Project Commercial Operation.
Sample 1Sample 2
Project Commercial Operation Date or “Project COD” means, with respect to a Qualified Offshore Wind Project, the date on which the Project satisfies the requirements for demonstrating commercial operation required by its Interconnection Service Agreement, as may be amended, modified or supplemented from time to time.
Sample 1
Project Commercial Operation Date has the meaning given in the Capacity Sales Agreement.
Sample 1

Examples of Project Commercial Operation Date in a sentence

  • Seller shall provide Buyer with monthly progress reports, including projected time to the Project Commercial Operation Date and each Unit Group Commercial Operation Date, and Buyer shall have the right, during business hours and upon reasonable Notice, to inspect the construction site and monitor construction of the Project.

  • At least three (3) months prior to issuance of the EPC Notice to Proceed by Seller to the EPC Contractor, Seller shall provide Buyer a construction schedule detailing the schedule and construction milestones for completing the Project and each of the Units and reaching the Project Commercial Operation Date, the Initial Delivery Date and each Unit Group Commercial Operation Date.

  • Project Commercial Operation Date Prudent Utility Practices means the last date on which all Units of the Project have been Commissioned in accordance with the terms of this PPA.

  • In connection with the sale of Pre-Initial Delivery Date Products, Seller shall provide Buyer with a schedule (which shall be non-binding but shall be prepared in good faith) of the projected Project Commercial Operation Date and Unit Group Commercial Operation Dates for all Units and the projected quantities of Products to be delivered from such Units on and after their Unit Group Commercial Operation Dates no later than thirty (30) days after the first of the Turbine Contracts are executed.

  • No later than sixty (60) days prior to the earlier of the first Unit Group Commercial Operation Date and the Project Commercial Operation Date, if the Seller shall not be the operator of the Project, Seller shall notify Buyer of such operator, and shall confirm that the agreement between Seller and such operator shall require the operator to operate the Project in accordance with the terms of this Agreement.

  • Seller shall conduct an Initial Performance Test for purposes of establishing the Unit Group Commercial Operation Date or Project Commercial Operation Date for each Unit, and Subsequent Performance Tests during the term of, and the extent provided for in, the Turbine Supply Agreement after the achievement of such Commercial Operation Dates.

  • A year later, in December 2017, TBE requested a subsequent 3-year extension of the Project Commercial Operation Date from April 15, 2018 to April 15, 2021.

  • These fees shall be as follows: 0 - 4,000,000kWhs The Consultant Fee shall be paid on the following schedule: ▪ 25% of Contract Fee paid upon execution of a Net Meter Credit Agreement, Purchase & Sales Agreement (“PNS”), or whatever other similar agreement is entered into between The Department and Respondent.▪ 25% of Contract Fee shall be paid at the Projects’ Notice to Proceed.▪ 50% of Contract Fee paid upon Project Commercial Operation Date (“COD”).

  • In this third request, TBE requested the Project Commercial Operation Date be extended another two years to June 2023.

  • Seller shall provide Buyer with Notice that the Project Commercial Operation Date has occurred or will occur simultaneously with the Initial Delivery Date.


More Definitions of Project Commercial Operation Date

Project Commercial Operation Date means the date on which PPAC (a) notifies OFFTAKER in writing that Project Commercial Operation has occurred and (b) provides a certification of commission, certifying satisfactory completion of Project Commercial Operation.
Sample 1
Project Commercial Operation Date means the last date on which all Units of the Project have been Commissioned in accordance with the terms of this PPA.
Sample 1
Project Commercial Operation Date shall have the meaning ascribed to such term in Section 7.4(D) of the Supply Agreement.
Sample 1

Related to Project Commercial Operation Date

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

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

  • 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.

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

  • 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).

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

  • Date of Commercial Operation or “COD” means

  • 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.

  • 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:

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

  • 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.

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

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

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • 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:

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

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

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Scheduled Project Completion Date shall have the meaning specified in Section 6.3 (c);

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • 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.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;