Examples of Covered Unit in a sentence
During the term of this Contract, Buyer shall make monthly payments of [ * ] per Covered Unit for each calendar month beginning with the calendar month in which the Performance Start Date for such Unit occurs and ending with the calendar month in which a Unit is no longer covered under this Contract.
From the Performance Start Date for a Unit through the term of this Contract for such Unit, Seller shall provide Parts and Services necessary for the Planned Maintenance of the Covered Unit.
If Buyer makes the election to extend the term of this Contract with respect to a Unit, the term shall be extended until the completion of the second Major Inspection for such Covered Unit ("Extended Term"), but not more than thirty (30) years after the Performance Start Date for such Unit, and upon electing an Extended Term for the first Unit, Buyer shall purchase from Seller the additional Initial Spares described in Appendix __ at the prices described in such Appendix.
The first monthly payment due under this Contract for a Covered Unit shall be prorated by multiplying [ * ] by a fraction, the numerator of which is the number of days in such calendar month after the Performance Start Date for such Unit, including the Performance Start Date as the first day and the denominator of which is the number of days in such calendar month.
Buyer, at its option, may elect to extend the term of this Contract for each Unit individually by delivery of written notice to Seller not later than six (6) months prior to the date scheduled for the first Major Inspection of such Covered Unit, but in no event shall any such election be made more than twenty-four (24) years after the Performance Start Date for such Unit.