CONTROL PHILOSOPHY Sample Clauses

CONTROL PHILOSOPHY. An Instrumentation and Control system will be provided to enable automatic control of the Power Plant and provide the Operator with sufficient information to monitor and control the facility under all operating conditions. Control, supervision and monitoring of the Plant shall normally be undertaken from the Plant Control Room (PCR). All Plant and equipment requiring automatic, normal, manual remote or emergency control intervention shall normally be controlled and monitored from the PCR, including the control of all electrical switchgear, motors, actuators and the like. The Plant shall be designed for reliable operation including processes for predictive maintenance. A complete Distributed Control System (DCS) shall be provided for the facility. This system shall be an Emerson Ovation DCS including all hardware, cabling, software, human-machine interfaces (HMI), graphic displays, programming, configuration services, testing, and field functional integration services. All Company-furnished equipment and material will be integrated into the DCS based on a comprehensive list mutually agreed to during the design phase of the Project. EXECUTION VERSION CONTRACT NUMBER 51008 The DCS shall be designed and configured such that a single PCR Operator can startup, operate, and shutdown the facility. All CPU’s will be rack mounted in the Processor Room (not in the control room). The DCS systems will be provided with the required redundancy to ensure that a single component, module fault or failure within the DCS shall not affect the continuing operation or safety of the Station. The Processors, data highway and DCS power supplies shall be duplicated with automatic changeover facilities. Switchover of processors and data highways will be seamless, requiring no operator action. Failure of a processor or data highway shall generate a priority alarm in the DCS. The DCS data highway shall be fiber optic to the greatest extent practical. Where Modbus is used, it shall be industry standard and preferably TCP/IP. Serial version is also acceptable providing that speed of operation does not create operational problems. Individual Plant components such as gas turbines or CEMS system are provided with their own package of controls instrumentation and protection systems. These individual packaged systems will communicate critical specific information to the DCS. In the case of the gas turbines, the connections will be via communications links and hard wired signals. These interfa...
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Related to CONTROL PHILOSOPHY

  • Internal Control The Company has established and maintains “internal control over financial reporting” (as such term is defined in Rule 13a-15(f) and 15d-15(f) under the 0000 Xxx) that (i) are designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and (ii) have been evaluated by the management of the Company (including the Company’s Chief Executive Officer and Chief Financial Officer) for effectiveness as of the end of the Company’s most recent fiscal year. In addition, not later than the date of the filing with the Commission of the Company’s most recent Annual Report on Form 10-K, each of the accountants and the audit committee of the board of directors of the Company had been advised of (x) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company’s ability to record, process, summarize and report financial information and (y) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s internal control over financial reporting. Since the date of the most recent evaluation of such controls and procedures, there have been no changes in the Company’s internal control over financial reporting or in other factors that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Long-Term Incentive Programs The Executive shall be eligible to participate in the Company's long-term incentive compensation programs (including stock options and stock grants).

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs (including, without limitation, programs providing for the grant of stock options and other equity-based awards) for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Senior Management If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of its senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days following such Dispute arising, then either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Objectives Each BTC Recipient and State Street agrees that the purposes and objectives of the Master Services Agreement apply to this Service Module, subject to the limitations set forth therein.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in the ongoing equity and other long-term awards and programs of the Company as determined in the sole discretion of the Board or a committee thereof.

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