Infrastructure Development and Customer Mining Equipment Installation Sample Clauses

Infrastructure Development and Customer Mining Equipment Installation. Operating Partner agrees to make all necessary improvements and developments to the Premises to accommodate the Customer Mining Equipment (including, without limitation, all necessary cable, electrical, transformers and other infrastructure) to enable the Customer Mining Equipment to operate in accordance with the requirements in Section 1.2, and complete Installation and commence full operation of the Customer Mining Equipment (collectively, the “Infrastructure Development and Equipment Installation”) as follows: (a) Operating Partner agrees to complete the Infrastructure Development and Equipment Installation for (i) not less than [***] MW of power and accompanying Customer Mining Equipment no later than the Effective Date (the “Tranche I Planned Operational Date”) and (ii) for not less than [***] MW of power and accompanying Customer Mining Equipment no later than May 1, 2022 (the “Tranche II Planned Operational Date”; each of the Tranche I Planned Operational Date and the Tranche II Planned Operational Date is referred to as a “Planned Operational Date”, and to provide Customer periodic updates as to progress toward completion of the Infrastructure Development and Equipment Installation. (b) Upon completion of the Infrastructure Development and Equipment Installation for each of Tranche I and Tranche II in accordance with this Section, Operating Partner will provide to Customer a written notice certifying that the Infrastructure Development and Equipment Installation is complete (each, a “Completion Notice”); provided, however, that immaterial developmental items that would not impair Operating Partner’s ability to fully perform its obligations under this Agreement can be completed by a commercially reasonable time that follows the applicable Planned Operational Date and shall not delay the delivery to Customer of the Completion Notice for such Planned Operational Date. If, due to no fault of Operating Partner, (i) the Customer Mining Equipment for Tranche I or Tranche II, as applicable, has not been delivered to the site where the Premises is located at least fourteen (14) days prior to the respective Planned Operational Dates, the corresponding Planned Operational Date shall be extended, if necessary, to the date that is fourteen (14) days after the Customer Mining Equipment for Tranche I or Tranche II, as applicable, has actually been delivered to the Premises.
Sample 1
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