2.1. As and from the Commencement Date, the PARTICIPANTS agree to associate as JOINT VENTURE PARTNERS for the purpose of delivering the Renewable Project set out in Item 1 of Schedule 1, subject to the terms and conditions of this JOINT VENTURE agreement and for the term of the PPA.
1. DEFINITIONS
“Commencement Date” shall mean the date of this Agreement upon the condition’s precedent being met;
BTW. Where are the updates? What about the financing? Is the deal still valid? Too many questions and no substance here. Lol
The executed date and the commencement date are two different dates that may or may not coincide in a contract. The executed date is the date the contract becomes legally binding, while the commencement date is the date the term of the contract begins.