Successful operation definition

Successful operation or “Successfully Operating” shall mean that the Satellite has been shown at IOT to meet and thereafter has continuously met and is meeting the standard for Successful Operation in accordance set forth in Section 2.11 of the SOW at and before the relevant time hereunder.
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Successful operation shall be gauged against the attached power curve. If two out of the first five turbines installed produce 85 to 90% of the anticipated annual production (based on 90 days of operation) of power as set forth in the attached power curve, then 26,667 options will vest. Similarly, 53,334 options will vest if the output is between 91% and 95%, and the entire 80,000 options will vest if the output is between 96% and 100%.
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Examples of Successful operation in a sentence

  • Successful operation of DC Power Systems is crucial in insuring the uninterrupted operation of network telecommunications equipment in the event of a utility power outage.

  • Successful operation of the University of Windsor is contingent upon an environment that fosters creativity and productivity within the individual while learning and working.

  • Successful operation of such resources requires that all users conduct themselves in a responsible, confidential, ethical, decent, and polite manner, consistent with professional standards and the RSD Mission and Goals.

  • Successful operation of the MOU requires parties to ensure personnel are made familiar with this MOU through orientation or ongoing professional development curriculum, and that it is made readily accessible to all staff.

  • Successful operation of Internet and other related technical services requires that all users regard the system as a shared resource.

  • SW.24.1. Testing, commissioning and Successful operation: The scope includes testing and commissioning & implementation of all equipment, sub-systems and systems of the project and putting them into successful technical & commercial operation.

  • Successful operation of this Schedule requires the cooperation of all affected employees.

  • Successful operation will be determined by spot-checking all types of products produced on both strings.

Related to Successful operation

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Successful Vendor - means the organization or person with whom the order is placed or who is contracted to execute the work as detailed in the bid.

  • Successful Applicant means an “employee applicant” or “applicant” who has been offered employment within this Bargaining Unit by the Employer.

  • Commercial Operation means the Conditions of Operation in which the complete equipment covered under the Contract is officially declared by TSECL to be available for continuous operation at different loads upto and including rated capacity. Such declaration by TSECL, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Successful Proponent means a Proponent who the City may award the agreement to, as a result of this RFP document.