conformity assessment definition
Examples of conformity assessment in a sentence
Buyer acknowledges and agrees that, following the Effective Date, Buyer shall have no right to terminate this Agreement or reject the Gas Turbines on account of the results of the Inspections, any Conformity Assessment, or the scope or cost of any Restoration Work.
If at any point during the Inspection and Refurbishment Period Siemens identifies additional findings, conditions, or work required to bring the Inspected Units into conformity with the Siemens Operating Specifications that are beyond those identified in the Conformity Assessment, then such additional work shall also be deemed to be Additional Work for all purposes hereunder and the Conformity Assessment shall be amended accordingly by Siemens change order or other documentation.
Payment #4 is released in two tranches, the first upon receipt of the Conformity Assessment from Siemens, the second upon Gas Turbine Completion, each in accordance with Section 3.4(d).
The allocation of Restoration Costs under this Section 4.2(c) shall apply solely to the Restoration Costs as determined in the Conformity Assessment (including as amended pursuant to Section 4.2(b)), and shall not apply to any Enhancement Work, the costs of which shall be borne solely by Buyer.
The remedies set forth in Section 4.2(c), including the release of Seller’s share of the Restoration Costs to Buyer in accordance with Section 3.4(d)(ii), shall constitute Seller’s sole and exclusive liability, and Buyer’s sole and exclusive remedy, with respect to any Conformity Assessment or Restoration Work.