Savings Guarantee Commencement Date definition

Savings Guarantee Commencement Date means the first day of the first utility billing period following the month in which ESCO delivers to Customer the project warranty letter.
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Savings Guarantee Commencement Date is defined in Schedule B, Section I.
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Savings Guarantee Commencement Date means the first day of the first utility billing period following the month in which ESCO has delivered a written Notice to the Customer that it has completed the installation and commissioning and commenced operation of all of the energy conservation measures specified in Schedule A, and the Customer has inspected and accepted said installation and operations as evidenced by a Certificate of Acceptance provided by the Customer.
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Examples of Savings Guarantee Commencement Date in a sentence

  • In this work, CVSS17 allows us to relate NIDS update delay to the related vulnerability18 risk.192021 – Bugtraq Mailing List [1]2322 Bugtraq is a moderated mailing list based on the full disclosure24 philosophy, whose goal is to facilitate the discussion between re-25 searchers and the publication of new vulnerabilities and related26 information.

  • This PASS Agreement shall commence at the Savings Guarantee Commencement Date and continue for one (1) year (the “Initial Term”) and shall automatically renew for additional one (1) year periods thereafter.

  • The "Guarantee Period" is the period from the Savings Guarantee Commencement Date, as defined in Schedule B, Section I, until the end of the Guarantee Term.

  • This date is referred to as the Savings Guarantee Commencement Date.

  • Utility Cost Savings Once the construction of each of the measures below has reached Substantial Completion, the annual savings in the table below will be prorated monthly for each measure until the Savings Guarantee Commencement Date.

  • The savings generated during the period from the “Date of Commencement” to the Savings Guarantee Commencement Date will be called “Implementation Period Savings”.

  • This Agreement shall commence at the Savings Guarantee Commencement Date and continue for one (1) year (the “Initial Term”) and shall automatically renew for additional one (1) year periods thereafter.

  • Implementation Period Savings will be added to the Savings Calculation made on the first anniversary of the Savings Guarantee Commencement Date for reconciliation purposes.

  • Each of the following periods during the Guarantee Term shall serve as a Performance Guarantee Year for purposes of the performance guarantee set forth in this Schedule B: If the preceding box is checked, each Performance Guarantee Year shall consist of the 365 day period (or 366 day period, if the calendar year includes 366 days) running from the Savings Guarantee Commencement Date and each anniversary of the Savings Guarantee Commencement Date until the expiration of the Guarantee Term.

  • The ESCO acknowledges that the Savings Guarantee Commencement Date will commence upon the earlier of the Final Acceptance Date or the Substantial Completion Date, even if the ESCO has failed to achieve Final Acceptance of the entire Project.

Related to Savings Guarantee Commencement Date

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Annuity Commencement Date means the first day of any month upon which an annuity begins under the Contract. However, for any Participant, this date shall not be later than the required beginning date as defined in the applicable sections of the Code and Regulations issued thereunder.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

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

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

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • guarantee contract means a contract entered into by a person as guarantor;

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Reemployment Commencement Date means the date on which an Employee who terminates employment with the Employer and all Related Employers first performs an Hour of Service following such termination of employment.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

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

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • 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;

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Guaranteed Pension Plan means any employee pension benefit plan within the meaning of §3(2) of ERISA maintained or contributed to by any Borrower or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Guarantee Period /’Maintenance Period’ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the works performed under the contract.

  • 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.

  • 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.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Commencement Date means the date fourteen (14) days after the date the Contract comes into effect or any other date named in the Contract Data.

  • Framework Commencement Date means [insert date dd/mm/yyyy];