Energized Date Clause Samples

Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion., which shall be exercised reasonably. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion., which shall be exercised reasonably. Any such requests will be determined by Buyer on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third- party processes.
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Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion. Any such requests will be determined by ▇▇▇▇▇ on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third- party processes.
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Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion. Any such requests will be determined by Buyer on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third-party processes. Forfeiture of Performance Assurance. Should a System not be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date or any extension approved by the Buyer at its sole discretion, the Performance Assurance associated with the System under this Agreement will be forfeited.
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Related to Energized Date

  • Date Whenever any payment due hereunder shall fall due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall be included in the computation of interest or fees, as the case may be.

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Working Day Working Day means a day other than a Saturday, Sunday, or a holiday which is observed by the construction industry in the area of the Place of the Work.

  • Monday morning The employee should not work more than 16 hours without an 8 hour break.

  • Non-Business Day If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.