Operations Commencement Date definition

Operations Commencement Date means the date notified by the Scottish Ministers in accordance with Schedule 1 Conditions of Contract, Clause 3 Time, 3.1 Operations, Commencement Date and Commencement Service Date, notwithstanding the date or dates of award or execution of this Contract.
Operations Commencement Date means the first day of the calendar month in which Sprouts shall open the Store.
Operations Commencement Date means the date on which the Company authorizes the release of the proceeds from the Initial Public Offering from escrow.

Examples of Operations Commencement Date in a sentence

  • If there shall occur a Recapture Event during the Recapture Period, but such Recapture Event is prior to the Operations Commencement Date, the Lessee shall pay to the Agency as a return of Financial Assistance conferred by the Agency, the following amounts upon demand by the Agency: (i) all Benefits; and (ii) interest described in Section 5.4(c)(iii).

  • The Letter of Credit shall provide for annual renewal, after successful completion of the first (12) months of operation following the Operations Commencement Date.

  • The Members agree that the capital budget for the construction, installation and placing in service of the Projects and the operating budget for the period from the Original Effective Date through the first Fiscal Year following the Operations Commencement Date are attached hereto as Exhibit B and shall be controlling until the next annual capital and operating budget and operating plan have been approved by the Class A Majority and Class B Majority as provided in Section 5.6.2.1(a).

  • It is a pre-condition of this agreement that the Grantee must locate the Project in Regional Queensland by the Operations Commencement Date.

  • The Operating Term shall commence on the Scheduled Operations Commencement Date and shall be for a fixed period of 25 years.


More Definitions of Operations Commencement Date

Operations Commencement Date means the date notified in writing by the Borrower to the Agent as the starting date of the commercial operation of the Project facilities for their respective intended uses after Development Completion (which shall, for the avoidance of doubt, be the date when both the Casino and the Hotels are operating in accordance with the Final Casino License);
Operations Commencement Date is one year after the Development Commencement Date which is the contract Long-Stop Date;
Operations Commencement Date means the date occurring no later than six (6) months following the Construction Completion Date.
Operations Commencement Date means the date on which the Facility is ready for Customer Equipment to be installed and hashing.
Operations Commencement Date means the date under the applicable EPC Contracts on which the last of the Projects has achieved Substantial Completion (as defined in such EPC Contracts).
Operations Commencement Date or “OCD”means the date on which the Operator commences the operation of the Project Asset.
Operations Commencement Date means the date and hour when the Drilling Unit is one nautical mile from Operator’s first Well location and has either (i) completed all Punch List items or (ii) the Parties have mutually agreed that the Drilling Unit can perform drilling operations safely and efficiently while the remaining Punch List items are met in accordance with the Parties’ mutually agreed plan. The second BOP must be on board the Drilling Unit by the Operations Commencement Date. In the event the second BOP is not on board the Drilling Unit by the Operations Commencement Date, the Drilling Unit will be accepted by Operator and the Parties will mutually agree to a plan and location for loading the second BOP on the Drilling Unit. Contractor will use best efforts to accomplish delivery of the second BOP as soon as possible after the Operations Commencement Date. The Operations Commencement Date shall be confirmed in writing by Operator’s Representative and Contractor’s Representative.