Placed in Service Date definition
Examples of Placed in Service Date in a sentence
All Permitted Liens have been released on or before the applicable Placed in Service Date.
Following the relevant Purchase Date and prior to the Placed in Service Date of any PV System, a Seller may agree to change orders under or amendments to the Customer Agreement relating to the size, layout or design of such PV System (a “Change Order”).
Commencing the first full month after the Placed in Service Date, Recipient shall annually deposit into an Operating Reserve Account an amount equal to 3% of gross rents per year.
Commencing the first full month after the Placed in Service Date, Recipient shall annually deposit into a Replacement Reserve Account an amount equal to $ .00 per year.
The operating deficit guarantee obligates Recipient to pay all operating deficits during the first thirty six (36) months after the final project Placed in Service Date, including, but not limited to the funding of reserve accounts, up to a total of the Guarantee Amount.