Buyer Shutdowns Sample Clauses

Buyer Shutdowns. If Buyer elects to undertake a shutdown of the --------------- Peroxy Area Facility, whether a partial or full shutdown, for any reason and for any period of time, other than routine shutdowns included in a Production Forecast (a "Buyer Shutdown"), Buyer shall provide Operator with as much advance notice of any such Buyer Shutdown as is practicable under the circumstances, provided that Buyer shall use best efforts to provide at least ninety (90) days advance notice to Operator. Buyer shall pay all direct costs incurred in connection with implementing the Buyer Shutdown, and will continue to pay, during the continuance of such Buyer Shutdown, all Direct Charges for a period of four (4) months after the effective date of such Buyer Shutdown and all Allocated Charges and Fixed Charges for a period of fifteen (15) months after the effective date of such Buyer Shutdown; provided that (a) Operator shall use best efforts, commencing as of the date Buyer provides notice to Operator of the Buyer Shutdown, to mitigate and reduce all such Direct Charges, Allocated Charges and Fixed Charges during such periods, and (b) Buyer's payment of Fixed Charges during such fifteen (15) month period shall not in any month exceed eighty-five percent (85%) of the then-applicable monthly Fixed Charge fee. Buyer shall pay all expenses and bear all costs reasonably necessary to commence operations after a Buyer Shutdown, including but not limited to all hiring, severance, retraining and other applicable expenses mandated by (i) Operator's collective bargaining agreement which then applies to the employees at the Peroxy Area Facility or (ii) Operator's then-existing standard severance policy; provided that Operator shall use best efforts to mitigate and reduce all such expenses. Buyer and Operator shall cooperate in the coordination of all Buyer Shutdowns.
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Related to Buyer Shutdowns

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