Facility component definition
Examples of Facility component in a sentence
Unless otherwise agreed, the Parties will make payments as required for renewals, repair, and replacement proportional to that Party's ownership interest in the Supply Facility component at the time the expenditure is incurred and following receipt of an invoice.
The Parties shall budget for renewal, repair and replacement costs as provided in Section 3.4. The Parties shall make those payments as required for renewals, repair and replacement proportional to that Party’s ownership interest in the Supply Facility component.
At and after the replacement of a component of a Joint Facility existing as of the date of Commercial Operation, the (*) and the (*) of such Joint Facility, as listed in this Schedule 9.05, will be replaced by the (*) (as that term is defined in Section 9.05(b)) amount of that Joint Facility component.
For purposes of calculating such Adjustment Payments for Wireless Facilities, every twelve inches (12”) of vertical space, or any part thereof, of each Wireless Facility component which is attached to the Pole, exclusive of riser and/or conduit, regardless of placement location, will constitute one (1) attachment.
The Alum Storage and Feed Facility component of the project shall be operational by October 31, 2019.