Shared Facilities definition
Examples of Shared Facilities in a sentence
The penalty payable shall increase by $50 for each subsequent Shared Facilities Default (for the avoidance of doubt, the penalty shall be $250 for the second Shared Facilities Default, shall be $300 for the third Shared Facilities Default, etc.).
The penalty payable by Tenant in connection with the first Shared Facilities Default shall be $200.
If Tenant fails to restore and surrender the Shared Conference Facilities as required by sub-section (ii) of the immediately preceding sentence, such failure shall constitute a “Shared Facilities Default.” Each time that Landlord reasonably determines that Tenant has committed a Shared Facilities Default, Tenant shall be required to pay Landlord a penalty within 5 days after notice from Landlord of such Shared Facilities Default.
Include information on the status of interconnection studies, Interconnection Agreements including Shared Facilities Agreements as applicable, design and construction of Interconnection Facilities (e.g., substations, switchyards, gen-ties, system protection schemes, telecommunications equipment to the extent not already covered in the Project construction information in Section 8), Shared Facilities as applicable, Network Upgrades, and grid outage and/or interconnection schedules.
This percentage is referred to as the Shared Facilities Factor and is set forth in Appendix A.