OPERATING AND MAINTENANCE PROCEDURES Clause Samples
The OPERATING AND MAINTENANCE PROCEDURES clause sets out the requirements for how equipment, facilities, or systems must be operated and maintained during the term of an agreement. It typically outlines the standards, schedules, and responsibilities for performing routine operations and maintenance tasks, and may require adherence to manufacturer guidelines or industry best practices. This clause ensures that assets remain in good working order, minimizes downtime, and helps prevent disputes by clearly defining each party’s obligations regarding upkeep and operation.
OPERATING AND MAINTENANCE PROCEDURES. The Borrower shall, subject to applicable laws and rules, regulations and orders of regulatory bodies, operate and maintain the System in accordance with standards of operation and maintenance generally accepted for corporations of the size and character of the Borrower.
OPERATING AND MAINTENANCE PROCEDURES. The Borrower shall, subject to applicable laws, rules, regulations and orders of regulatory bodies, operate and maintain the Project in accordance with operating and maintenance procedures and practices satisfactory to the Administrator. The Borrower shall inaugurate and carry out such personnel training programs, office procedures and equipment maintenance programs as the Administrator may specify. - 8 -
OPERATING AND MAINTENANCE PROCEDURES. 10.3.1 The Company shall, at its own costs and expense, develop written operating and maintenance procedures for the KWC in accordance with this clause 10.3 (the “Operating and Maintenance Procedures”).
10.3.2 The Operating and Maintenance Procedures shall:
10.3.2.1 be based on the design parameters of the KWC and other requirements specified in appendix 1;
10.3.2.2 incorporate Operating and Maintenance Procedures specified or recommended by the KWC equipment suppliers and manufacturers in their operators’ manuals;
10.3.2.3 provide a comprehensive procedure for sampling and testing of water at specified locations along the KWC by third-party laboratories (as approved by the GoS in consultation with the Independent Engineer);
10.3.2.4 provide for coordination with KW&SB for release of water from the KIII Conduit;
10.3.2.5 be consistent with Good International Industry Practice; and
10.3.2.6 provide comprehensive procedures for all operational interfaces between (i) KW&SB, the Pakistan Water and Power Development Authority, and (ii) the Company, including in relation to the delivery of Electricity prior and subsequent to the Project Commercial Operations Date.
10.3.3 The Company shall submit a draft of the Operating and Maintenance Procedures to the Independent Engineer and KW&SB no later than sixty (60) Days prior to the Scheduled Commencement Date and no later than ninety (90) Days prior to the Scheduled Project Commercial Operations Date.
10.3.4 Within sixty (60) Days after its receipt thereof, the Independent Engineer and KW&SB shall have the right to provide comments on the draft Operating and Maintenance Procedures.
10.3.5 If, within such sixty (60) Day period, the Independent Engineer and KW&SB do not provide any comments, the draft proposed by the Company shall become the Operating and Maintenance Procedures.
10.3.6 If the Independent Engineer or KW&SB provide comments on the draft Operating and Maintenance Procedures within such sixty (60) Day period, the Company shall, within thirty (30) Days of its receipt of such comments, either incorporate the requested changes to the draft Operating and Maintenance Procedures or request a meeting with the Independent Engineer or KW&SB to discuss any outstanding requested changes. Any Dispute over the requested changes still not resolved within ten (10) Days following any such meeting shall be referred for resolution pursuant to clause 27.
10.3.7 The Company acknowledges and agrees that no review or approval by...
OPERATING AND MAINTENANCE PROCEDURES. The Borrower shall, subject to applicable laws, rules, regulations and orders of regulatory bodies, operate and maintain the Project in accordance with operating and maintenance procedures and practices satisfactory to the Administrator. The Borrower shall inaugurate and carry out such personnel training programs, office procedures and equipment maintenance programs as the Administrator may specify.