Shared Equipment definition
Examples of Shared Equipment in a sentence
In no event will the Shared Equipment have an as-built nameplate capacity that is less than the aggregate nameplate capacity of the Facility and the Other Facility at any time during the Services Term.
Seller shall also cause the Shared Equipment to be constructed, maintained and operated in accordance with Good Utility Practice.
Replacement of Shared Equipment, whether necessitated by Licensee or otherwise, shall be at University’s sole option.
The Construction Manager shall cooperate with the Owner in causing the transfer and assignment of all Applicable Permits required for operation of the Century Plant Project to the Owner contemporaneous with Substantial Completion of the applicable Unit, Train, Pipeline or Shared Equipment.
The Construction Manager will secure and maintain or cause its Subcontractors to secure and maintain (at all times prior to the transfer of care, custody and control of the applicable Unit, Train, Pipeline or Shared Equipment to the Owner pursuant to Section 5.2) all Applicable Permits required for the performance of the Services and the construction of the Century Plant Project.