Common use of Rehabilitation Work Clause in Contracts

Rehabilitation Work. ‌ 6.7.1 The Performance and Measure Report and related provisions of the Technical Provisions set forth Performance Requirements for the Elements. Developer shall diligently perform Rehabilitation Work as and when necessary to maintain compliance with such Performance Requirements and restore the Useful Life of each Element at the end of its Residual Life. Developer also shall perform Rehabilitation Work according to the other applicable terms of the Technical Provisions, including, when applicable, the Handback Requirements. Developer shall use the Rehabilitation Work Schedule, as updated from time to time, as the principal guide for scheduling and performing Rehabilitation Work; but complying with the Rehabilitation Work Schedule shall not excuse or be a defense to any failure to comply with the Performance Requirements. 6.7.2 Not later than ninety (90) days after the end of each calendar year, Developer shall deliver to IFA a written report of the Rehabilitation Work performed in the immediately preceding calendar year. The report shall describe, by location, Element as listed in the Rehabilitation Work Schedule and other component, the type of work performed, the dates of commencement and completion and the cost, as well as the total cost of all Rehabilitation Work performed during the calendar year. During the period the Handback Requirements Reserve Account is in effect, the report also shall set forth the total draws from the Handback Requirements Reserve Account in the immediately preceding calendar year and the date, amount and use of each draw (including any use for Safety Compliance work).

Appears in 2 contracts

Sources: Public Private Agreement, Public Private Agreement

Rehabilitation Work. 6.7.1 The Performance and Measure Report and related provisions of the Technical Provisions set forth Performance Requirements for the Elements. Developer shall diligently perform Rehabilitation Work as and when necessary to maintain compliance with such Performance Requirements and restore the Useful Life of each Element at the end of its Residual Life. Developer also shall perform Rehabilitation Work according to the other applicable terms of the Technical Provisions, including, when applicable, the Handback Requirements. Developer shall use the Rehabilitation Work Schedule, as updated from time to time, as the principal guide for scheduling and performing Rehabilitation Work; but complying with the Rehabilitation Work Schedule shall not excuse or be a defense to any failure to comply with the Performance Requirements. 6.7.2 Not later than ninety (90) 90 days after the end of each calendar year, Developer shall deliver to IFA a written report of the Rehabilitation Work performed in the immediately preceding calendar year. The report shall describe, by location, Element as listed in the Rehabilitation Work Schedule and other component, the type of work performed, the dates of commencement and completion and the cost, as well as the total cost of all Rehabilitation Work performed during the calendar year. During the period the Handback Requirements Reserve Account is in effect, the report also shall set forth the total draws from the Handback Requirements Reserve Account in the immediately preceding calendar year and the date, amount and use of each draw (including any use for Safety Compliance work).Reserve

Appears in 1 contract

Sources: Public Private Agreement