Long Term Service Agreement definition

Long Term Service Agreement means a Service Agreement with a primary term of one year or more from the effective date of the Service Agreement.

Long Term Service Agreement or “LTSA” shall have the meaning set forth in the Technology Transfer Agreement.

Long Term Service Agreement means an agreement with a generating resource manufacturer under which various operations and maintenance functions are performed.

Examples of Long Term Service Agreement in a sentence

• If Customer takes service under Long Term Service Agreement and terminates service for any reason during the sixth through tenth years of the initial term, Customer shall pay as liquidated damages and not a penalty a sum equal to the difference between the Long Term Rate and Standard Term Rate for each luminaire under the Agreement which is terminated for the entire period service was provided under Agreement.

• Notwithstanding any Capacity Reduction Option, a Long-Term Service Agreement will be eligible for extension rights pursuant to Section 4.1 if the service agreement remains a Long- Term Service Agreement throughout the term (or extended term) containing the Capacity Reduction Option unless the Capacity Reduction Option can be exercised during the first year of the Long-Term Service Agreement’s term (or extended term).

• However, the replacement cost for the damaged components are described under the terms of the Long Term Service Agreement between the Company and Siemens Westinghouse, which will be escalated as a result of the forced outage.

• The Purchaser shall not, without the Vendor’s prior written consent, assign any right or interest in this Agreement.

• As mentioned above the variable O&M for gas-turbine based systems tracks Long Term Service Agreement costs, start-up and consumables.

More Definitions of Long Term Service Agreement

Long Term Service Agreement means a firm Service Agreement with

Long Term Service Agreement means the Contractual Service Agreement, dated as of February 15, 2019, by and between PowerCo and General Electric International, Inc.

Long Term Service Agreement means an Agreement entered into between the Village of Pemberton and an organization/group whereby the Village provides funding, at a pre-set and agreed to amount, from the CIOF over a period of several years to be identified in the agreement and renegotiated as per an established schedule.

Long Term Service Agreement means that certain Long Term Service Agreement, dated as of June 21, 2000, by and between the Borrower and GE International.

Long Term Service Agreement means the Long Term Parts & Long Term Service Contract between Owner and General Electric International Incorporated, as from time to time amended, supplemented, or otherwise modified.

Long Term Service Agreement means the long term service program to be entered into between the Borrower and the Maintenance Contractor in accordance with Section 5.17 to provide for major maintenance to the Project's combustion turbines.

Long Term Service Agreement means the agreement by that name between Seller and Contractor related to the long term service of the Plant.