QCiL Construction Event definition

QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the Agreement Date and before the Start Date and which will permanently prevent the Generator, acting in accordance with a Reasonable and Prudent Standard, from Commissioning the whole of the Facility by virtue of the necessary construction, conversion, installation, testing, completion or commissioning of the Facility becoming illegal;
QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the Agreement Date and before the Start Date and which will permanently prevent the Emitter, acting in accordance with the Reasonable and Prudent Standard, from Commissioning the Capture Plant by virtue of the necessary construction, testing, completion or commissioning of the Capture Plant becoming illegal;
QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the Agreement Date and before the Start Date and which will permanently prevent the Generator, acting in accordance with the Reasonable and Prudent Standard, from Commissioning the Generation Assets and/or the Capture Assets by virtue of the necessary construction, testing, completion or commissioning of the Generation Assets and/or the Capture Assets becoming illegal;

Examples of QCiL Construction Event in a sentence

  • Qualifying Shutdown Events: For shutdown events, BEIS intends to follow the AR3 CfD, providing a level of compensation for a Generator if a "QCiL Construction Event" (i.e. a change in law which by its nature prevents a Project which is still in construction from reaching the Start Date) or a "QCiL Operations Cessation Event" (i.e. a change in law which renders it illegal for a Project to continue operating) occurs.


More Definitions of QCiL Construction Event

QCiL Construction Event has the meaning given to that term in item 4.12 (Qualifying Change in Law Termination).

Related to QCiL Construction Event

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Pipeline Construction means a substantial disturbance to agricultural land associated with installation, replacement, removal, operation or maintenance of a pipeline, but shall not include work performed during an emergency. Emergency means a condition where there is clear and immediate danger to life or health, or essential services, or a potentially significant loss of property. When the emergency condition ends, pipeline construction will be in accordance with these rules.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Foreign construction material means a construction material other than a domestic construction material.