Operational Services Agreement Clause Samples
An Operational Services Agreement is a contract that defines the terms under which one party provides ongoing operational services to another, such as maintenance, support, or management of specific business functions. Typically, this agreement outlines the scope of services, performance standards, reporting requirements, and payment terms, ensuring both parties understand their responsibilities. Its core practical function is to establish clear expectations and accountability for service delivery, thereby minimizing disputes and ensuring consistent operational support.
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Operational Services Agreement. Buyer shall have executed and delivered to Seller the Operational Services Agreement in the form attached hereto as Exhibit P.
Operational Services Agreement. The Parties agree that, as requested by the Partnership, WRSW and WRCLP shall provide employee services to the extent requested by the Partnership for the Partnership to operate the TexNew Mex Pipeline and the Star Lake Storage Tank in accordance with the terms and conditions of the Operational Services Agreement.
Operational Services Agreement. Seller acknowledges that Buyer and the Project Participant will enter into that certain Clean Energy Project Operational Services Agreement, dated as of the Bond Closing Date, pursuant to which the Project Participant will have the right to direct Buyer with respect to any directions, consents or waivers by Buyer under this Agreement and the Re-Pricing Agreement.
Operational Services Agreement. This Agreement supersedes the Operational Services Agreement in its entirety and the Parties agree that the terms and provisions of this Agreement replace the terms and provisions of the Operational Services Agreement, which is no longer in effect, as of the date hereof. Any references in any other agreements between the Parties and any of their Affiliates that reference the Operational Services Agreement shall be deemed to refer to the Secondment Agreement as its successor.
Operational Services Agreement. The Parties agree that, as requested by the Partnership, WRSW and WRCLP and their Affiliates shall provide employee services to the extent requested by the Partnership for the Partnership to operate the Contributed Assets in accordance with the terms and conditions of the Operational Services Agreement.
Operational Services Agreement. Effective on the Closing Date, Buyers and Sellers shall enter into an Operational Services Agreement for the provision by Buyers to Sellers of steam, handling of storm water, remediation water and process water, and other products or services required or generated in connection with Sellers’ conduct of environmental remediation activities and Sellers’ operation of their retained properties for an initial term of twenty (20) years. The Operational Services Agreement shall be substantially in the form of Exhibit O attached hereto.