Additional Maintenance Terms Sample Clauses

Additional Maintenance Terms. 2.4.1 After the Initial Maintenance Term, this CMC gives TxDOT the right to exercise, in its discretion, up to two consecutive option periods described in Section 2.4.2, requiring DB Contractor to provide Maintenance Services for the Project in accordance with the terms and conditions of the CMC Documents. 2.4.2 TxDOT, in its discretion, shall have the sole option to extend the term of this CMC for up to two additional five-year terms, for a maximum of 15 years. Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years, unless terminated earlier in accordance with the terms of this CMC. 2.4.3 If TxDOT elects to exercise its option rights for an additional Maintenance Term, TxDOT shall issue the applicable Maintenance NTP on or before 180 days prior to the scheduled expiration of the prior Maintenance Term.
Sample 1Sample 2Sample 3See All (11)
AutoNDA by SimpleDocs
Additional Maintenance Terms. TxDOT, in it is sole and absolute discretion, shall have the sole option to extend the term of this Maintenance Agreement for up to four additional, five-year terms, for a maximum of 25 years. Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years, unless terminated earlier in accordance with the terms of this Comprehensive Maintenance Agreement. If TxDOT elects to exercise its option rights for an additional Maintenance Term, TxDOT shall issue the applicable Maintenance NTP on or before 270 days prior to the scheduled expiration of the prior Maintenance Term.
Sample 1Sample 2Sample 3See All (8)
Additional Maintenance Terms. 4.2.1 TxDOT, in its discretion, shall have the option to extend the term of this CMA for up to two additional five-year terms for a maximum of 15 years. Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years unless terminated earlier in accordance with the terms of this CMA. 4.2.2 If TxDOT elects to exercise its option rights for an additional Maintenance Term, TxDOT shall issue the applicable Maintenance NTP on or before 90 days prior to the scheduled expiration of the
Sample 1Sample 2Sample 3See All (5)
Additional Maintenance Terms. 4.2.1 TxDOT, in its discretion, shall have the option to extend the term of this Capital Maintenance Agreement for up to two additional five-year terms for a maximum of 15 years. Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years unless terminated earlier in accordance with the terms of this Capital Maintenance Agreement. 4.2.2 If TxDOT elects to exercise its option rights for an additional Maintenance Term, TxDOT shall issue the applicable Maintenance NTP on or before 90 days prior to the scheduled expiration of the prior Maintenance Term. If TxDOT does not issue Maintenance NTP2 or Maintenance NTP3 by the applicable deadline set forth in this Section 4.2.2, TxDOT shall be deemed to have terminated this Capital Maintenance Agreement as described in Section 14.9. 4.2.3 If TxDOT issues Maintenance NTP2 or Maintenance NTP3, TxDOT also may elect to exercise the Section 2A Option for the applicable additional Maintenance Term. Upon issuance of Maintenance NTP2 and Maintenance NTP3, as applicable, TxDOT shall notify DB Contractor regarding TxDOT’s election to exercise the Section 2A Option for the applicable Maintenance Term. TxDOT may not exercise the Section 2A Option for a subsequent Maintenance Term if it did not exercise the Section 2A Option for the then-current Maintenance Term. 4.2.4 If TxDOT issues Maintenance NTP2 or Maintenance NTP3, TxDOT also may elect to exercise the LE Option for the applicable additional Maintenance Term. Upon issuance of Maintenance NTP2 and Maintenance NTP3, as applicable, TxDOT shall notify DB Contractor regarding TxDOT’s election to exercise the LE Option for the applicable Maintenance Term. TxDOT may not exercise the LE Option for a subsequent Maintenance Term if it did not exercise the LE Option for the then-current Maintenance Term. 4.2.5 For the avoidance of doubt, TxDOT’s decision with respect to exercising the Section 2A Option in connection with either Maintenance NTP2 or Maintenance NTP3 shall have no impact on its rights with respect to the LE Option and its decision with respect to exercising the LE Option in connection with either Maintenance NTP2 or Maintenance NTP3 shall have no impact on its rights with respect to the Section 2A Option.
Sample 1Sample 2Sample 3See All (4)
Additional Maintenance Terms. 4.2.1 TxDOT, in its discretion, shall have the option to extend the term of this CMA for up to two additional five-year terms for a maximum of 15 years. Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years unless terminated earlier in accordance with the terms of this CMA. 4.2.2 If TxDOT elects to exercise its option rights for an additional Maintenance Term, TxDOT shall issue the applicable Maintenance NTP on or before 90 days prior to the scheduled expiration of the Texas Department of Transportation - 20 - Execution Version I-635 LBJ East Project Capital Maintenance Agreement prior Maintenance Term. If TxDOT does not issue Maintenance NTP2 or Maintenance NTP3 by the applicable deadline set forth in this Section 4.2.2, TxDOT shall be deemed to have terminated this CMA as described in Section 14.9. Texas Department of Transportation - 21 - Execution Version I-635 LBJ East Project Capital Maintenance Agreement
Sample 1
Additional Maintenance Terms. The Parties agree that IBM will provide Worldspan, at no additional cost, with additional maintenance services as needed, including, but not limited to: · 24x7 support; · around the clock customer engineer support; and · other services as described in the IBM Master Services Attachment for ServiceElite [**] Confidential treatment requested for redacted portion; redacted portion has been filed separately with the Commission.
Sample 1
Additional Maintenance Terms 
Sample 1
AutoNDA by SimpleDocs

Related to Additional Maintenance Terms

  • Equipment Maintenance If this Contract involves computer or telecommunications hardware or other mechanical or electrical Equipment maintenance (use of the word "Equipment" means all the foregoing) as a Deliverable, then, during the warranty period and during any period covered by annual maintenance, the Contractor will provide Equipment maintenance to keep the Equipment in or restore the Equipment to good working order. This maintenance will include preventative and remedial maintenance, installation of safety changes, and installation of engineering changes based upon the specific needs of the individual item of Equipment. This maintenance will also include the repair, replacement, or exchange deemed necessary to keep the Equipment in good working order. For purposes of this Contract, Equipment restored to good working condition means Equipment that performs in accordance with the manufacturer's published specifications. The Contractor will exert its best efforts to perform all fault isolation and problem determination attributed to the Equipment covered under this Contract. The following services are outside the scope of this Contract: 1. Repair and replacement work or increase in maintenance time as a result of damage or loss resulting from accident, casualty, neglect, misuse, or abuse if such is the State's fault (and beyond normal wear and tear), damage resulting from improper packing or failure to follow prescribed shipping instruction (If such is done by the State), failure of electrical power, air conditioning or humidity control, use of supplies not approved by the original manufacturer of the Equipment as describe or included in the Contractor's proposal, or causes other than ordinary use of Equipment. 2. All information necessary for the State to perform the maintenance, including but not limited to logic diagrams, maintenance manuals and system and unit schematics with all changes noted. 3. A listing of spare parts and their recommended replacement schedule that will enable the State to create a centralized inventory of spare parts.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!