Common use of Operations Date Clause in Contracts

Operations Date. When the ESCO reasonably considers that the Equipment and energy savings measures and services described in this Contract are ready for operation it shall give the Customer a written notice which nominates the date on which the Equipment will be available for operation. Subject to the terms of this clause, the date nominated in the notice shall be taken to be the "Operations Date". If the Equipment is not ready for operation by the date so notified by the ESCO, the Operations Date shall be the date that the Equipment is actually commissioned and available for operation.

Appears in 2 contracts

Sources: Guaranteed Energy Savings Contract, Shared Energy Savings Contract