Operational Cycle definition
Examples of Operational Cycle in a sentence
The Performance Bonus, if due for a Unit, shall be paid within thirty (30) Days following the end of the second Operational Cycle of such Unit.
If Contractor has not already paid the Performance Liquidated Damages pursuant to the terms hereof and, (subject to the proviso in the preceding sentence) as of the end of the first Operational Cycle, the Net Unit Electrical Output Guarantee has not been met, Contractor shall pay the applicable Performance Liquidated Damages.
The time period during which Contractor shall have this right to repair, replace, adjust or modify the Unit to improve performance shall terminate at the end of the first Operational Cycle; provided, however, if the equipment or component required to remedy the problem has long lead requirements that preclude the remedy in this time period, Contractor shall have until the end of the second Operational Cycle to remedy the problem.
Contractor also shall have the right to terminate its efforts to improve the performance of the Unit and pay the applicable Performance Liquidated Damages at any time during the first Operational Cycle.
F igure 7 M&E Operational Cycle 4.3.1 Process and Structure of the Annual Report T he steps below are presented by order of occurrence in the process not by the actual sequential order in which they appear in the report.
Figure 1: Plant Operational Cycle • The pump operating times are inclusive of the charging of the ash pipelines, ashing of the sumps, and flushing of the ash pipelines.