GE Equipment Sample Clauses

GE Equipment. 5 GE O&M Personnel............................................. 5 GE O&M Personnel Overhead.................................... 6

GE Equipment. Owner agrees to purchase from Operator, and Operator agrees to sell to Owner, (i) all Parts that Owner desires to purchase during the term of this Agreement for GE Equipment, at a discount of thirty-five percent (35%) less than the Published Price for such Parts (the "Parts Discount"), (ii) all Services that Owner desires to purchase during the term of this Agreement for GE Equipment, at a discount of fifteen percent (15%) less than the Published Price for such Services (the "Services Discount") and (iii) all Repairs that Owner desires to purchase during the term of this Agreement for GE Equipment, at a discount of fifteen percent (15%) less than the Published Price for such Repairs. The parties anticipate that, over the term of this Agreement, Operator will sell to Owner, and Owner will purchase from Operator, Parts and Services for GE Equipment based on the schedule set forth on Exhibit C attached hereto and made a part hereof for all purposes, which Parts and Services have an estimated value of approximately Twenty-Five Million and 00/100 Dollars ($25,000,000.00) based on current prices and including the Parts Discount and Services Discount. The foregoing provisions of this Section 4.8 are expressly made, subject to the following: (a) the foregoing shall not be construed as an obligation by Owner to purchase from Operator any Parts, Services and/or Repairs for GE Equipment during the term of this Agreement, but is only an obligation by Owner that if Owner does in fact purchase any Parts, Services and/or Repairs for GE Equipment during the term of this Agreement, then Owner shall purchase such Parts, Services and/or Repairs for GE Equipment from Operator; (b) the decision whether to purchase Parts, Services and/or Repairs for GE, Equipment and the timing of any such purchases shall be made by Owner in Owner's sole and absolute discretion; (c) if at any time Operator is unable to provide Parts, Services and/or Repairs for GE Equipment in a timely or cost effective manner, then Owner shall have the right to obtain such Parts, Services and/or Repairs that Operator is unable to provide in a timely or cost effective manner from alternate sources; (d) Owner shall evaluate Operator on its performance in managing each Forced Outage and Scheduled Outage in a cost effective and time efficient manner, and, subject to Owner's sole and complete discretion, refund to Operator up to fifty percent (50%) of the Services Discount attributable to the Services performed dur...