LTSA Contract definition

LTSA Contract means any long term service agreement (“LTSA”) contract with the technology provider of the carbon capture technology relating to the design, build and ongoing maintenance of the carbon capture equipment, and any other LTSA contracts in respect of the other elements of the Project;
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LTSA Contract means the main contract for the provision of long term maintenance services consisting of parts, scheduled outage services and unscheduled outage services in respect of the Project; “NGET” means National Grid Electricity Transmission plc (Company Registration Number 02366977) whose registered office is at 1 to 3 Strand, London, WE2N 5EH; “NGG” means National Grid Gas plc (Company Registration Number 02006000) whose registered office is at 1 to 3 Strand, London WC2N 5EH; “Notice” means the written notification given by any Party to the other Parties of their intention to refer to the Expert any dispute arising between the Parties in respect of any matter contained in this Deed, such notice to specify the matters set out in clause 20; “Occupy” means to occupy the Project other than for the purposes of construction fitting out commissioning testing (including the export of electricity during commissioning and testing) or site security and "Occupation" "Occupying" and "Occupied" and cognate expressions shall be construed accordingly; “Operational Period” means the period from the Date of Final Commissioning to when the Project is decommissioned; “Outstanding Land Area” means the difference, in Ha, between the actual area of land to be covered by Part of the Forest of Marston Vale Tree Planting through the approved Landscape and Ecological Mitigation and Management Strategy and the area of land that would equate to 39% of the Built Area were the Forest of Marston Vale Tree Planting to be completed in its entirety; "Part of the Forest of Marston Vale Tree Planting" means the provision of tree planting within the Site that equates to tree coverage over a land area less than 39% of the Built Area; “Parties” means the CBC, BBC, the Landowner, the Forest of Marston Vale Trust and the Developer and “Party” means any one of them as the context so requires;
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Examples of LTSA Contract in a sentence

  • At any time, the issuer of the EPC Performance Guarantee shall cease to be liable for the obligation of the EPC Contractor under the EPC Contract, or the issuer of the LTSA Parent Company Guarantee shall cease to be liable for the obligation of the LTSA Contractor under the LTSA Contract, respectively.

  • Amendment No. 1 to the LTSA Contract in the form attached hereto as Schedule 29 (Amendment No. 1 to the LTSA Contract), has been executed between the Borrower and the LTSA Contractor.

  • Subject to the terms of the New LTSA Contract, the Agent may instruct the Borrower to make contributions to a Maintenance Reserve Account in accordance with the provisions of the Accounts Agreement, including, inter alia, in order to comply with maintenance reserve requirement, which requirements shall be determined to the satisfaction of the Agent.

  • Eighteen (18) months prior to the termination of the LTSA Contract and as of such date, the Borrower shall be required to enter into a long term service agreement in a form satisfactory to the Agent with a long term service contractor acceptable to the Agent (the “New LTSA Contract”).

Related to LTSA Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Customer Contract means the terms and conditions that Customer accepts to receive access to and use the applicable Offering.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management and TO Contractor dated December 19, 2005.

  • Project Contract means any Contract, excluding this Agreement and, as and when executed, the Ancillary Agreements [reserved], to which Seller is a party, or by which Seller or any of the Project Assets is bound, that relates to or has the primary purpose of supporting the Work or the Project, including, for the avoidance of doubt, any Contract pursuant to which Seller or any of its Affiliates is granted a real property or other interest in the Project Site (in whole or in part) or is licensed or granted the right to use, or holds or possesses, any Project Intellectual Property Rights.