Scheduled Commercial Operations Date definition

Scheduled Commercial Operations Date bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;

Scheduled Commercial Operations Date means the date which the Seller identifies to the Purchaser as the date the Plant will be Commissioned, as such date may be revised from time to time based on the scheduled construction program.

Scheduled Commercial Operations Date means the date advised to BPDB by the Company on or prior to the Financial Closing Date as the Scheduled Commercial Operations Date, which date shall initially not be later then the Required Commercial Operations Date, as such Scheduled Commercial Operations Date may be revised from time to time based on the Company’s scheduled construction program for the completion of Commissioning of the Facility;

Examples of Scheduled Commercial Operations Date in a sentence

• At least sixty (60) Days prior to the Scheduled Commercial Operations Date the Company shall submit to JPS its desired schedule of Scheduled Outage periods for the following Year.

• The Parties agree that the failure of the Company to receive the Annual Projected Capacity Factor from JPS more than (i) ninety (90) Days prior to the Scheduled Commercial Operations Date (in respect of the Year in which the Commercial Operations Date occurs) and (ii) [Date to be agreed] of each Year occurring after the Commercial Operations Date (in respect of such Year), shall not prohibit the Company from delivering the Schedule Outage periods to JPS in accordance with this Clause 6.3.1.

• Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.10.

• Not later than thirty (30) days prior to the Scheduled Commercial Operations Date, ILPI shall deliver to PSPEI a Security Deposit in the form of a bank guarantee or irrevocable letter of credit equivalent to the highest projected monthly payment for the first contract year, and to the actual highest monthly payment in the preceding year for every year thereafter.

• Further, The Seller shall carry out and complete the construction works such that the Seller is able to achieve the Commercial Operations Date on or about the Scheduled Commercial Operations Date and in in any case no later than the Required Commercial Operations Date.

More Definitions of Scheduled Commercial Operations Date

Scheduled Commercial Operations Date. The date on which the Company anticipates that the Commercial Operations Date shall occur, as notified to JPS pursuant to Clause 4.2.1.

Scheduled Commercial Operations Date. − The date reasonably estimated by the Seller as the Commercial Operations Date based on the then-existing construction schedule, as notified to the Purchaser, as such date may be modified by the Seller from time to time in written notices from the Seller to the Purchaser.

Scheduled Commercial Operations Date. The date on which the Company anticipates that the Commercial Operations Date shall occur, as notified to GPL pursuant to Clause 4.2.1.

Scheduled Commercial Operations Date means [●]6 Months after the Effective Date (as may be extended in accordance with the provisions of Clause 9.4).

Scheduled Commercial Operations Date or “SCOD”) from the date of signing of ESFA. If the Developer is unable to make Contracted Capacity available by the SCOD other than for the reasons specified in Clause 5.14.1, the Developer is liable for Liquidated Damages for the delay in making the Contracted Capacity not available by the Scheduled Commissioning Date. In such a case, the Performance Bank Guarantee amount for the PHESS shall be computed on per-day-basis over 180 days from SCOD and proportionate to the balance Contracted Capacity not commissioned and Performance Bank Guarantee shall be encashed. For example, in case of 190 MW Contracted Capacity, commissioning of 100 MW capacity is delayed by 18 days beyond the SCOD, then the liquidated damages shall be:

Scheduled Commercial Operations Date. − The date reasonably advised to the Purchaser by 11 Where HR is with Purchaser 12 Generally, this term is used for the utilities’ SCADA. For the RE Projects, the term for the equipment required to be deployed by the Seller for real-time online collection of the energy resource data and the performance of the generation facility has been the “Complex Monitoring System” and “Met Station”. The technical experts may determine whether SCADA should continue or a different term should be employed. the Seller at Financial Closing and again at Construction Start Date, as such date may be revised from time to time based on the scheduled construction programme for the completion of the Complex.

Scheduled Commercial Operations Date means the date that the Company identifies to the Utility (as set forth in the initial Construction Report) as the date the Complex will be Commissioned, as such date may be revised from time to time in a supplemental Construction Reports based on the scheduled construction program.