Repair Rate Sample Clauses

Repair Rate. At Operating Day rate for each period of shutdown time up to a maximum of 10 hours for any repair job and a total of 20 hours for each 30 day period. Thereafter, at a rate of $0 per Operating Day.
Sample 1
AutoNDA by SimpleDocs
Repair Rate. The Repair Rate shall apply for those periods when the DRILLING UNIT is shut down due to the failure of, or need to repair, any item of CONTRACTOR’s equipment (other than where this shutdown was caused by the circumstances described in Clause 5.2 (b) (vi) or in the circumstances specified in the paragraph below, in which case the Standby Rate will be payable under that Clause). The time required for conducting the following routine maintenance and testing shall be deemed to be routine maintenance and shall not be considered as repair time:
Sample 1
Repair Rate. The “Repair Rate” will be 100% of the Operating Rate per 24-hour day and will be paid as follows:
Sample 1
Repair Rate. The Repair Rate shall apply: For any period of shutdown during which Operations are suspended due to electrical, mechanical or hydraulic failure. For any such period not related to subsea or mooring equipment the application of the Repair Rate shall be limited to a maximum of twelve (12) hours for any one occurrence and a total of twenty-four (24) hours for all periods of shutdown time during each thirty (30) day period. After which the Zero Rate shall apply. However, for any such period related to subsea and mooring equipment the application of the Repair Rate shall be limited to a maximum of thirty-six (36) hours for any one occurrence and a total of seventy-two (72) hours for all such periods of shutdown time during each thirty (30) day period. After which the Zero Rate shall apply. The CONTRACTOR shall use due diligence in effecting all repairs and in inspecting its equipment. If a certification or inspection by other authorities or agencies are required, those costs shall be for the account of CONTRACTOR.
Sample 1
Repair Rate. In the event it is necessary to shut down Contractor's rig for repairs, excluding routine rig servicing, while Contractor is performing daywork hereunder, Contractor shall be allowed compensation at the applicable daywork rate for each period of shutdown time up to a maximum of 4** hours for any one repair job and a total of 18** hours for each thirty (30) day period. Thereafter, Contractor shall be compensated at a rate of $ 0 per twenty-four (24) hour day. Rig lubrication, cutting drilling line and replacing mud pump expendables shall not be included in computing the number of hours of shutdown time.
Sample 1
Repair Rate. In the event Contractor is unable to conduct normal operations as required under this Contract solely because of a material breakdown or failure of any of Contractor’s Equipment, including the Drilling Unit, (as distinguished from normal rig maintenance), Operator shall pay Contractor at the Equipment Repair Rate indicated under Appendix B. The Equipment Repair Rate shall apply from the time such breakdown or failure occurs until normal operations are resumed or terminated. Notwithstanding the above, the Repair Rate will be zero (0) after Contractor has been unable to conduct normal operations for the reasons set out above, for a total of twenty-four (24) hours per thirty (30) days (not cumulative month by month) period and will remain zero (0) until the breakage or failure of Contractor’s Equipment, including the Drilling Unit, is remedied. Daily maintenance and inspections such as lubrication, packing of swivels, slipping and cutting drill lines, top drive system normal maintenance as per manufacturer’s instructions shall not be deemed as repair time.
Sample 1
Repair Rate. (Appendix A, Section 1.2(c)) The Repair Rate shall be the compensation paid to Contractor during any period (or periods) of suspension of the Work resulting from the failure, breakdown or malfunction of the Rig or, subject to Appendix A, Sections 7.2(b), 7.2(c) and 7.2(e), when the Rig is otherwise unable to perform the Work; provided (i) if such suspension of the Work results from the failure, breakdown or malfunction of surface equipment, the Standby Rate shall apply for the first [***] hours of such suspension and (ii) if such suspension of the Work results from the failure, breakdown or malfunction of subsea equipment, the Standby Rate shall apply for the first [***] hours of such suspension; and provided further that the Standby Rate shall only apply with respect to any repair time described in the preceding clauses (i) and (ii) for a maximum cumulative of [***] hours per month.
Sample 1
AutoNDA by SimpleDocs
Repair Rate. 37.5.1. Except as provided in Article 37.5.2 below, the Repair Rate shall apply when Work is suspended due to breakdown or repair of the Drilling Rig (“Repair Time”).
Sample 1
Repair Rate 
Sample 1

Related to Repair Rate

  • Repair Estimate If the Premises or the Building are damaged by fire or other casualty (a “Casualty”), Landlord shall use good faith efforts to deliver to Tenant within sixty (60) days after such Casualty a good faith estimate (the “Damage Notice”) of the time needed to repair the damage caused by such Casualty.

  • Repairs Tenant shall, at Tenant’s own expense, keep the Premises, including all improvements, fixtures, furnishings, and systems and equipment to the extent located therein (including plumbing fixtures and equipment such as dishwashers, garbage disposals, refrigerators, coffee makers and Insta Hot and similar dispensers), and the portion of the floor or floors of the Building on which the Premises are located, in good order, repair and condition at all times during the Lease Term. In addition, Tenant shall, at Tenant’s own expense, but under the supervision and subject to the prior approval of Landlord, and within any reasonable period of time specified by Landlord, promptly and adequately repair all damage to the Premises and replace or repair all damaged, broken, or worn fixtures and appurtenances, except for damage caused by ordinary wear and tear or beyond the reasonable control of Tenant; provided however, that, at Landlord’s option, or if Tenant fails to make such repairs, Landlord may, but need not, make such repairs and replacements, and Tenant shall pay Landlord the cost thereof, including a fifteen percent (15%) supervisory fee forthwith upon being billed therefor. Notwithstanding the foregoing, Landlord shall be responsible for repairs to the exterior walls, foundation and roof of the Building, the structural portions of the floors of the Building, and the base building systems and equipment of the Building, except to the extent that such repairs are required due to the negligence or willful misconduct of Tenant; provided, however, that if such repairs are due to the negligence or willful misconduct of Tenant, Landlord shall nevertheless make such repairs at Tenant’s expense, or, if covered by Landlord’s insurance, Tenant shall only be obligated to pay any deductible in connection therewith. Landlord may, but shall not be required to, enter the Premises at all reasonable times to make such repairs, alterations, improvements or additions to the Premises or to the Project or to any equipment located in the Project as Landlord shall desire or deem necessary or as Landlord may be required to do by governmental or quasi-governmental authority or court order or decree. Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932 and Sections 1941 and 1942 of the California Civil Code or under any similar law, statute, or ordinance now or hereafter in effect.

  • COST OF THE WORK § 6.1 For purposes of this Agreement, the Cost of the Work shall be the total cost to the Owner to construct all elements of the Project designed or specified by the Architect and shall include contractors’ general conditions costs, overhead and profit. The Cost of the Work also includes the reasonable value of labor, materials, and equipment, donated to, or otherwise furnished by, the Owner. The Cost of the Work does not include the compensation of the Architect; the costs of the land, rights-of-way, financing, or contingencies for changes in the Work; or other costs that are the responsibility of the Owner.

  • Tenant’s Repairs Subject to Section 13 hereof, Tenant, at its expense, shall repair, replace and maintain in good condition all portions of the Premises, including, without limitation, entries, doors, ceilings, interior windows, interior walls, and the interior side of demising walls. Such repair and replacement may include capital expenditures and repairs whose benefit may extend beyond the Term. Should Tenant fail to make any such repair or replacement or fail to maintain the Premises, Landlord shall give Tenant notice of such failure. If Tenant fails to commence cure of such failure within 10 days of Landlord’s notice, and thereafter diligently prosecute such cure to completion, Landlord may perform such work and shall be reimbursed by Tenant within 10 days after demand therefor; provided, however, that if such failure by Tenant creates or could create an emergency, Landlord may immediately commence cure of such failure and shall thereafter be entitled to recover the costs of such cure from Tenant. Subject to Sections 17 and 18, Tenant shall bear the full uninsured cost of any repair or replacement to any part of the Project that results from damage caused by Tenant or any Tenant Party and any repair that benefits only the Premises.

Time is Money Join Law Insider Premium to draft better contracts faster.