Power Guarantee Clause Samples

Power Guarantee. Except in the event of Facilities Maintenance, Customer Maintenance and Force Majeure conditions, QUALITYTECH shall have the contracted power available for the Customer as follows: 100% of the time during the Term of this Addendum when configured with redundant power, or if the Customer does not choose the redundant power option on the Customer order form, 99.99% of the time during this Addendum (“Power Guarantee”).

Power Guarantee. Service Provider shall use commercially reasonable efforts to obtain uninterrupted power to Mining Equipment during the Term and will strive to obtain [***] Uptime in any given month (“Power Guarantee”). In the event there is Downtime and such Downtime lasts for a period of twenty-four (24) hours or more in a calendar month, Customer shall receive a credit equal to [***], which may be equitably reduced in accordance with the rest of this Section 5 (the “Credit”). Customer shall not be entitled to the Credit to the extent such Downtime results from Customer’s noncompliance with this Agreement or from an Outside Cause.

Power Guarantee. Two socket outlets are provided per rack. One socket is supplied by an uninterruptible power supply (UPS) system. The other socket, serving as back-up, is supplied by a separate but identical UPS system. Input power for the two UPS systems is provided by the commercial power supply system, which is backed up by stand-by generator(s). Therefore, the power is only considered unavailable when power on both power plugs is unavailable. On this basis, our guarantee is 100% Power Availability (as defined above and subject to paragraph 3.3 below) in a 30 day period.