Common use of Planned capacity Clause in Contracts

Planned capacity. 21.4.3 Approximate date of construction start-up and duration thereof. Within ninety (90) days counted from notification, the other Party shall give written notice of its decision to participate in such additional facilities or not. If it does not participate, or fails to reply to the participating Party, hereinafter the building Party, the latter may proceed with the additional installation and order the Operator to build/operate/maintain same for the sole risk and account of the building Party, without hindering normal Joint Operations. The building Party may negotiate with the other Party on using these facilities for the Joint Operation. While the facilities are operated for the risk and account of the building Party, the Operator shall charge the latter with all operating/maintenance costs therefor, doing so in keeping with generally accepted accounting principles.

Planned capacity. 21.4.3 Approximate date of construction start-up and duration thereof. Within ninety (90) days counted from notification, the other Party shall give written notice of its decision to participate in such additional facilities or not. If lf it does not participate, or fails to reply to the participating Party, hereinafter the building Party, the latter may proceed with the additional installation and order the Operator to buildbuiid/operate/maintain same for the sole risk and riskand account of the building Party, without hindering normal Joint Operations. The building Party may negotiate with the other Party on using these facilities for the Joint Operation. While the facilities are operated for the risk and account of the 'building Party, the Operator shall charge the latter with all operating/maintenance costs therefor, doing so in keeping with generally accepted accounting principles.

Planned capacity. 21.4.3 Approximate date of construction start-up and duration thereof. Within ninety (90) days counted from notification, the other Party shall give written notice of its decision to participate in such additional facilities or not. If lf it does not participate, or fails to reply to the participating Party, hereinafter the building Party, the latter may proceed with the additional installation and order the Operator to buildbuiid/operate/maintain same for the sole risk and account of the building Party, without hindering normal Joint Operations. The building Party may negotiate with the other Party on using these facilities for the Joint Operation. While the facilities are operated for the risk and account of the 'building Party, the Operator shall charge the latter with all operating/maintenance costs therefor, doing so in keeping with generally accepted accounting principles.