Common use of Intermingling of Fuel Assemblies Clause in Contracts

Intermingling of Fuel Assemblies. Subject to the provisions of Section 10(h) hereof, the Nuclear Material shall be owned exclusively by the Lessor and leased to the Lessee under this Lease Agreement. Prior to the fabrication of Nuclear Material into a completed fuel assembly or sub-assembly or while such Nuclear Material is being reprocessed, the Lessee will cause or permit such Nuclear Material to be fabricated or assembled only into fuel assemblies or sub-assemblies owned by the Lessor and leased under this Lease Agreement. However, fuel assemblies or sub-assemblies owned by the Lessor and leased to the Lessee hereunder may be intermingled in the Generating Facility with fuel assemblies or sub-assemblies not owned by the Lessor and leased to the Lessee under this Lease Agreement, provided that such assemblies or sub-assemblies owned by the Lessor shall be readily identifiable by serial number or other distinguishing marks.

Appears in 13 contracts

Samples: Lease Agreement (Pennsylvania Electric Co), Lease Agreement (Pennsylvania Electric Co), Lease Agreement (Gpu Inc /Pa/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.