Guaranteed Initial Delivery Date definition

Guaranteed Initial Delivery Date means March 31, 2013 for a minimum of 5 MW; and September 30, 2014 for a total of up to 30 MW; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to twelve (12) months to the extent that the Initial Delivery Date is delayed as a result of Force Majeure Event or an action or inaction of Company that would reasonably cause a delay in the ability of the QFCP Generator to achieve the dates and respective MW requirements set forth in this definition.
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Guaranteed Initial Delivery Date is the date set forth in Section 2.7 for the Project.
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Guaranteed Initial Delivery Date has the meaning set forth in the QFCP-RC Tariff.
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Examples of Guaranteed Initial Delivery Date in a sentence

  • In the event that Seller does not meet the Initial Delivery Date, for each day beginning with the day after the Guaranteed Initial Delivery Date through and including the date on which the Initial Delivery Date occurs, Seller shall pay liquidated damages in the amount of $0.20 per kW of Buyer’s Percentage of the Facility Nameplate Rating per day (“Delay Damages”).

  • Subject to Section 10.5 and excluding ▇▇▇▇▇’s right to terminate as a result of a Seller Event of Default under Section 14.2 (a), the rights set forth pursuant to this Section 14.4 shall be Buyer’s exclusive remedy for Seller’s delay in achieving the Guaranteed Initial Delivery Date.

  • Seller shall achieve the Initial Delivery Date no later than the Guaranteed Initial Delivery Date provided, however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to six (6) months to the extent that the Guaranteed Initial Delivery Date is delayed as a result of a Force Majeure Event.

  • Such delayed Guaranteed‌ Initial Delivery Date shall be the Guaranteed Initial Delivery Date.


More Definitions of Guaranteed Initial Delivery Date

Guaranteed Initial Delivery Date means the date six (6) months after the Expected Initial Delivery Date, as set forth in Section 2.3(b).
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Guaranteed Initial Delivery Date has the meaning set forth in the QFCP-RC Tariff. “Guidance” means the guidance issued on July 9, 2009, by the Treasury for payments for specified energy property in lieu of tax credits under the American Recovery and Reinvestment Act of 2009 (as updated on March 15, 2010 and in April 2011), the Frequently Asked Questions and Answers issued by the Treasury on January 8, 2010 and June 25, 2010, as updated in April 2011, and any other guidance or clarification, addition or supplement thereto issued by the Treasury or any other Governmental Authority.
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Guaranteed Initial Delivery Date means June 1, 2024; provided, however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to six (6) months to the extent that the Initial Delivery Date is delayed as a result of a Force Majeure Event.
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Guaranteed Initial Delivery Date means December 1, 2014.
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Guaranteed Initial Delivery Date means the date by which Commercial Operations shall
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Guaranteed Initial Delivery Date means April 30, 2010; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to twelve (12) months to the extent that the Initial Delivery Date is delayed as a result of Force Majeure Event.
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Guaranteed Initial Delivery Date means the Initial Delivery Date as included in Attachment 2, Facility Information; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for day basis for up to six (6) months to the extent that the seller compensates the Buyer Delay Damages.
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