Date of Commercial Operation definition

Date of Commercial Operation or “COD” means

Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

Date of Commercial Operation means the day upon which Commercial Operation is first achieved pursuant to Section 4.2 hereof.

Examples of Date of Commercial Operation in a sentence

• This Agreement shall become effective upon its execution by the Parties and shall continue in effect for a Term of twenty (20) years from and after the Date of Commercial Operation, subject to early termination as set forth herein.

• The Parties undertake that each of the Parties specified in Clause 6.2 above shall, at all times till the second anniversary of the Date of Commercial Operation of the Project or until the payment of full amount of Lease Premium and any other overdue payment till date payable to Authority including interest thereof, whichever is later, hold subscribed and paid up equity share capital of SPC equivalent to at least 5% (five percent) of the Estimated Project Cost.

• Article 15 (2) shall apply mutatis mutandis to the entrustment of health management business.[This Article Wholly Amended by Presidential Decree No. 21653, Jul.

• The foregoing warranties shall apply for a period of: (a) forty-eight (48) months from the Date of Commercial Operation (defined below) or (b) fifty- four (54) months from the date of delivery of all goods from Seller to destination/performance of the services, whichever occurs first.

• Nor will this disqualification apply where such adviser is engaged after a period of 2 (two) years from the Date of Commercial Operation of this Project.

More Definitions of Date of Commercial Operation

Date of Commercial Operation means the date on which the plant is commercially operated by the Buyer, the Buyer’s customer or a third party.

Date of Commercial Operation. (COD) means:

Date of Commercial Operation means the date on which the plant has successfully passed all performance and operational tests required by Xxxxx’s customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Seller, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order. Any claims and remedies relating to defects or nonconformity of the goods and/or services notified in accordance with the above may be enforced by the Buyer at any time during a period of five (5) years after the Buyer’s notification of the defect or nonconformity.

Date of Commercial Operation or ‘COD’ means the date declared by the Transmission Licensee from 0000 hour of which an element of the transmission system is in regular service after successful charging and trial operation:

Date of Commercial Operation means the first day of the first full calendar month upon which commercial operation is achieved following completion of all Interconnection Agreement requirements and processes.

Date of Commercial Operation or ‘COD’ means the date of charging the project or part there-of to its rated voltage level or seven days after the date on which it is declared ready for charging by the transmission licensee but could not be charged for reasons not attributed to the transmission licensee, its suppliers or contractors.