Continued Stocking of Parts. At the end of the TCS Operations and Maintenance Term, the Spare Parts Inventory shall be fully stocked and complete (including substitution with suitable alternatives for any such Spare Parts that are obsolete). In the event that such inventory is not fully stocked and complete, an amount equal to the cost of restocking and completing such inventory (other than the cost of Major Spare Parts that is to be passed through to the Joint Board), shall be deducted from any payments due TSP. The Joint Board shall notify the TSP promptly of any such deduction. To the extent that the cost of restocking and completing such inventory incurred by the Joint Board exceeds the payments due TSP, such differential shall be paid by the TSP to the Joint Board within 15 Days after the date of termination of the TCS Operations and Maintenance Term.
Appears in 5 contracts
Samples: Toll Services Agreement, Toll Services Agreement, Toll Services Agreement
