Date of Achievement Clause Samples

Date of Achievement. For all purposes of this Agreement, the date of achievement for the Reliability Guarantee shall be deemed to be the date on which Contractor delivers to Owner the Notice of Reliability Guarantee Achievement relating to the Reliability Run that Owner subsequently delivered the Reliability Certificate pursuant to Section 6.6.3 hereof.
Date of Achievement. For all purposes of this Agreement: (i) if neither Provisional Acceptance nor Interim Acceptance of the Facility has theretofore occurred hereunder, the date of achievement of Final Acceptance shall be deemed to be the date on which Owner delivers to Contractor the Final Acceptance Certificate corresponding to the actual achievement of Final Performance Acceptance pursuant to this Section 6.5.1.2; provided, however, that solely for purposes of calculating the Provisional Acceptance Late Completion Payments as set forth in Section 7.2 hereof, the date of achievement of Final Acceptance shall be deemed to be the earlier of (A) the date of Final Acceptance as set forth above in this clause (i) and (B) the date on which the Facility is deemed to have achieved its Commercial Operation Date under the Power Purchase Agreement (provided that such date shall in no event be earlier than the date on which Contractor delivers to Owner pursuant to Section 6.5.1.1 hereof the Notice of Final Acceptance corresponding thereto); and (ii) if Provisional Acceptance or Interim Acceptance of the Facility has theretofore occurred hereunder, the date of achievement of Final Performance Acceptance shall be deemed to be the later of (A) the date on which Provisional Acceptance or Interim Acceptance of the Facility occurred hereunder and (B) the date on which Contractor delivers to Owner pursuant to Section 6.5.1.1 hereof the Notice of Final Acceptance corresponding to the actual achievement of Final Acceptance pursuant to this Section 6.5.1.2.
Date of Achievement. Except as set forth below in this Section 6.3.2.2, the date of achievement of Provisional Acceptance of the Facility shall be the date on which Owner delivers to Contractor the Provisional Acceptance Certificate corresponding to the actual achievement of Provisional Acceptance of the Facility pursuant to Section 6.3.2 hereof; provided, however, that solely for the purposes of calculating the Provisional Acceptance Late Completion Payments as set forth in Section 7.2 hereof, the date of achievement of Provisional Acceptance shall be deemed to be the earlier of (i) the date of Provisional Acceptance as set forth above in this Section 6.3.2.2 and (ii) the date on which the Facility is deemed to have achieved its Commercial Operation Date under the Power Purchase Agreement.
Date of Achievement. For all purposes of this Agreement, the date of achievement of Interim Acceptance of the Facility shall be the date on which Owner delivers to Contractor the Interim Acceptance Certificate corresponding to the actual achievement of Interim Acceptance of the Facility pursuant to Section 6.4.2.
Date of Achievement. For all purposes of this Agreement, the date of achievement of Provisional Acceptance shall be the date on which Owner delivers to Contractor the Provisional Acceptance Certificate corresponding to the actual achievement of Provisional Acceptance of the Facility pursuant to Section 6.3.2 hereof.
Date of Achievement. For all purposes of this Agreement: (i) if Provisional Acceptance of the Facility has not theretofore occurred hereunder, the date of achievement of Final Acceptance shall be deemed to be the date on which Owner delivers to Contractor the Final Acceptance Certificate corresponding to the actual achievement of Final Performance Acceptance pursuant to this Section 6.5.1.2; and (ii) if Provisional Acceptance of the Facility has theretofore occurred hereunder, the date of achievement of Final Performance Acceptance shall be deemed to be the later of (A) the date on which Provisional Acceptance of the Facility occurred hereunder and (B) the date on which Contractor delivers to Owner pursuant to Section 6.5.1.1 hereof the Notice of Final Acceptance corresponding to the actual achievement of Final Acceptance pursuant to this Section 6.5.1.2.

Related to Date of Achievement

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Target Bonus “Target Bonus” shall mean Employee’s annual bonus, assuming 100% “on target” satisfaction of any objective or subjective performance milestones.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).