End of the operations of the EuroHPC supercomputer Clause Samples

The 'End of the operations of the EuroHPC supercomputer' clause defines the terms and conditions under which the operation of the EuroHPC supercomputer will be concluded. This clause typically outlines the procedures for decommissioning the system, including timelines, responsibilities for data migration or deletion, and the handling of hardware and software assets. Its core function is to ensure a clear and orderly process for winding down operations, thereby preventing disputes and ensuring that all parties understand their obligations at the end of the supercomputer's operational life.
End of the operations of the EuroHPC supercomputer. ‌ 1. At the earliest five years after the successful acceptance test by the EuroHPC Joint Undertaking of the EuroHPC supercomputer installed in the Hosting Entity, the EuroHPC Joint Undertaking, upon mutual agreement of the parties and subject to decision of the Governing Board may decide to transfer the ownership of the EuroHPC supercomputer to the Hosting Entity, or, sell it to another entity or decommission it, in whole or in part. 2. If the EuroHPC Joint Undertaking, with the agreement of the Hosting Entity, decides to transfer the ownership of the EuroHPC supercomputer at the end of its operation, the associated costs will be calculated at that moment in accordance with standard accounting practices for such assets in force at that time. Linear depreciation using a period of 5 years will be applied. 3. In the case of transfer of ownership to the Hosting Entity in accordance with paragraph 1 before full depreciation of the EuroHPC supercomputer, the Hosting Entity will reimburse the EuroHPC Joint Undertaking the residual value of the EuroHPC supercomputer that is transferred. The residual value of the Union’s share of the acquisition of the supercomputer will be calculated taking into account the depreciation in accordance with standard accounting practices for such assets in force at that time. In the absence of commonly agreed standards, linear depreciation using a period of 5 years will be applied. 4. If there is no transfer of ownership to the Hosting Entity but a decision for decommissioning, the relevant costs will be shared equally by the EuroHPC Joint Undertaking and the Hosting Entity. The relevant costs shall be eligible to be included as a provision in the overall budget of operating costs of the supercomputer. 5. In case of decommissioning of the EuroHPC supercomputer: a) The Hosting Entity will be responsible for the dismantling process, which will be performed by the vendor in accordance with the relevant contract. This process will notably include: i) The electrical and hydraulic disconnections of the equipment; ii) The removal and evacuation of electrical wiring of the equipment; iii) The removal and evacuation of network cables from the configuration; iv) The disassembly of the disks: v) The handling and evacuation of the equipment outside the Hosting site; vi) The replacement of raised floor slabs. b) The EuroHPC Joint Undertaking will have the right to decide how to use the dismantled equipment. 6. The EuroHPC Joint Undertaking will ...
End of the operations of the EuroHPC supercomputer. ‌ 1. After the full depreciation of the supercomputer, the part of the ownership of the mid-range supercomputer owned by the Joint Undertaking shall be transferred to the Hosting Entity. The Joint Undertaking shall not be liable for any costs incurred after the transfer of ownership of the mid-range supercomputer. For that purpose, linear depreciation using a period of 5 years will be applied. 2. In the exceptional case of transfer of ownership before full depreciation of the EuroHPC supercomputer, the Hosting Entity shall reimburse the EuroHPC Joint Undertaking the residual value of its share on the supercomputer that is transferred. The residual value of the Union’s share of the acquisition of the supercomputer will be calculated taking into account the depreciation in accordance with standard accounting practices of the financial regulation for such assets in force at that time. Linear depreciation using a period of 5 years will be applied. 3. The EuroHPC Joint Undertaking shall not be liable for any costs incurred after the transfer of its part of the ownership of the EuroHPC supercomputer.