Shutting Down Party definition
Examples of Shutting Down Party in a sentence
The Shutting Down Party shall include in such notice the anticipated length of the scheduled shutdown and the proposed restart rates after completion of the applicable maintenance.
The Shutting Down Party shall notify the Other Party as soon as reasonably practicable in the event that any of the Facilities is scheduled to be shut down in the first three (3) months of this Agreement.
Other than with respect to the gross negligence or Intentional Misconduct of the Shutting Down Party, the Shutting Down Party shall not be liable for inconvenience, annoyance, disturbance, loss or interruption of business, or any other claimed damage to the Other Party, by reason of any such shutdown.
Subject to Section 2.6(b), each Party (the “Shutting Down Party”) shall give the other Party (the “Other Party”) notice on or before the first Business Day of each calendar month setting out the periods during which, in the following consecutive sixteen (16) months, any of the Facilities operated by the Shutting Down Party are scheduled to be shut down for maintenance.
The Shutting Down Party shall provide the Other Party with reasonable notice of any changes in the anticipated length of a scheduled shutdown or the proposed restart rates after completion of the applicable maintenance and, after the scheduled shutdown has commenced, the Shutting Down Party shall promptly notify the Other Party of any such changes.