O&M Contracts definition
Examples of O&M Contracts in a sentence
Emera shall include in all O&M Contracts provisions permitting assignment of the contract to Nalcor or an Affiliate of Nalcor as contemplated by this Agreement, without the contractor’s consent.
Emera shall provide Nalcor with copies of all O&M Contracts and, during the last five years of the Term, shall permit Nalcor to comment on O&M Contracts prior to commitment by ▇▇▇▇▇, to facilitate appropriate transfer to Nalcor at the end of the Term.
The Concessionaire shall deliver to the Independent Engineer copies of the proposed EPC Contract(s) and O&M Contract(s) (with a copy to the GoS), or any amendment thereof.
Except with approval, the Borrower shall not enter into any charter commitment for the Vessel (except for the Charter and the O&M Contracts).
The AMSAs and the O&M Contracts will include customary defaults and remedies as may be available at law or in equity, including the right to terminate, as a result of any of the following: • uncured failure to make payment; • uncured material breach of any representation or warranty; • uncured failure to meet applicable performance/availability metrics; • breach resulting in SunEdison hitting the applicable liability cap; • uncured material breach of covenants or other obligations; and insolvency.
The Debtor Operators and MP Operator currently provide on-site operations and maintenance services to the Project Companies pursuant to the operations and maintenance agreements identified on Schedule 12.1 (all of such agreements being collectively referred to as the "O+M Contracts").
The GoS shall, within fifteen (15) days of its receipt of the proposed EPC Contract(s) and/or the O&M Contract(s), provide its comments or observation on the same, if any, to the Independent Engineer.
In agreeing the Purchase Price, the Parties have duly taken into account, inter alia and without limitations, the costs and disbursements associated or deriving from termination of the Current O&M Contracts.
The AMSAs and O&M Contracts will include customary representations and warranties of the parties, including with respect to authority, no conflicts and enforceability.
The GoS shall, within [fifteen (15)] days of its receipt of the proposed EPC Contract(s) and/or the O&M Contract(s), provide its comments or observation on the same, if any, to the Independent Engineer.