Scheduled COD definition

Scheduled COD or “Scheduled Commercial Operation Date” shall mean the date …………………. (Insert a date within 12 (twelve) months from the date of execution of the PPA.)

Scheduled COD in relation to an Element(s) shall mean the date(s) as mentioned in Schedule 3 as against such Element(s) and in relation to the Project, shall mean the date as mentioned in Schedule 3 as against such Project, subject to the provisions of Article 4.4 of this Agreement, or such date as may be mutually agreed among the Parties;

Scheduled COD means the date stated to be the Scheduled COD for the Facility Unit in Schedule 1 Part 2 (Details of Facility Unit), as that date may be extended or amended in accordance with the terms of this Agreement;

Examples of Scheduled COD in a sentence

• The TSP shall take all necessary steps to commence work on the Project from the Effective Date of the Agreement and shall achieve Scheduled COD of the Project in accordance with the time schedule specified in Schedule 3 of this Agreement.

• Not later than 30 days prior to the Scheduled COD of the Generating Unit, DISCOM shall cause to put in place an irrevocable revolving Letter of Credit issued in favour of Solar Power Developer by a Scheduled Bank (the “Letter of Credit”) for one month’s billing value.

• Provided that if COD is delayed beyond 120 days after the Scheduled COD, the Lead ULBs shall, subject to the provisions of Article 28 of the Concession Agreement, be entitled to terminate the Concession Agreement and to appropriate the Construction Performance Security.

• Not later than 30 days prior to the Scheduled COD of the Generating Unit, DISCOM shall cause to put in place an irrevocable revolving Letter of Credit issued in favour of WtE Developer by a Scheduled Bank (the “Letter of Credit”) for one month’s billing value.

• Further, any preponing of COD of any element prior to Scheduled COD must be approved by the Nodal Agency.

More Definitions of Scheduled COD

Scheduled COD means for each Project listed on Schedule I attached hereto, the “Scheduled COD” set forth on Schedule I in respect of such Project.

Scheduled COD or “Scheduled Commercial Operation Date” means in respect of the Facility, the date falling on the last day of the expiry of 6 months from the Effective Date, as extended or pre-poned in accordance with the provisions of this Agreement;

Scheduled COD means 12 months from the date of signing of this Agreement.

Scheduled COD or “Scheduled Commercial Operation Date”: means for Power Station, the proposed date of commissioning calculated on the basis of the number of months from the Effective Date, as provided or such other dates from time to time, specified in accordance with the provisions of this Agreement;

Scheduled COD means the date which corresponds to the stated Scheduled COD in Schedule 1, as extended in accordance with the terms of this Agreement provided that any extension shall not endure beyond the Expiry Date;

Scheduled COD or “Scheduled Commercial Operation Date” shall mean the date …………………. [Insert a date within 15 months from the date of execution of the Power Purchase Agreement for the projects in solar park and within 18 months from the date of execution of the Power Purchase Agreement for the projects outside solar park.]

Scheduled COD means within Eighteen (18) months from the date of handover of Land to Developer, where Delivery Voltage is 33 kV or 132 kV as defined in Clause 15.1 of Concession Agreement