Capital Spare definition

Capital Spare means an item that is not required for normal maintenance, but may be required to restore equipment after an unusual event and (a) can only be economically produced as part of a production run or (b) there is a long lead time for delivery of its replacement. The Capital Spares are listed in Attachment H to the Signature Document.
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Capital Spare means a skid transformer station owned by the Company, with a typical capacity 30 MVA rating.
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Capital Spare means a spare part that although acknowledged to have a long life or a small chance of failure would cause shutdown of equipment for a prolonged period because of the long delivery of its replacement. The Capital Spares are listed in Schedule 7.
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Examples of Capital Spare in a sentence

  • The Capital Spare Parts List shall include all information specified in Attachment 23.

  • Prior to and as a condition to achieving Final Completion, Contractor shall deliver to the Site all Capital Spare Parts required to be delivered to the Site prior to Final Completion as set forth in the Capital Spare Parts List.

  • Within a further thirty (30) Days, Contractor shall confirm the extent to which it is able to comply with Owner’s request and shall submit to Owner the final list of Capital Spare Parts to be purchased.

  • A Provisional Sum for the cost of Capital Spare Parts is included in the Contract Price as set forth in Attachment 31.

  • The list of Capital Spare Parts to be procured by Contractor and delivered to Owner (“Capital Spare Parts List”) shall be mutually agreed upon via a Change Order.

  • Recommendations for Operating Spare Parts for Owner, as listed under Section 12.8 of this SOW; Operating spare parts exclude the Capital Spare Parts notionally listed in the Spares Philosophy.

  • Capital Spare Parts shall be treated, as applicable, as Equipment or as a component of the Aggregate Labor and Skills Price.

  • With respect to operating spare parts for use after Substantial Completion (but only to the extent not taken into consideration by the Capital Spare Parts listed in Attachment W), Contractor shall deliver to Owner for Owner’s approval, not to be unreasonably withheld, a detailed priced list of the manufacturer and Contractor-recommended operating spare parts for each applicable item of Equipment necessary for operating such Equipment for two (2) years.

  • Notwithstanding anything to the contrary in this Agreement, delivery of all Capital Spare Parts is not a condition precedent to Substantial Completion, and Contractor shall not be deemed in default if such Capital Spare Parts are not delivered to the Site prior to Substantial Completion.

  • To the extent that Contractor desires to use any Capital Spare Parts, Contractor must obtain Owner’s prior approval, not to be unreasonably withheld, and replace all such spare parts in new and unused condition as a condition of Substantial Completion unless otherwise approved by Owner.