Long Term Service Agreement. BH acknowledges and agrees that, upon the election by VGLNG or the applicable Purchaser, in its discretion, BH or one or more of its affiliates and the applicable Project owner shall enter into a long-term service agreement (“Long-Term Service Agreement”) for the provision of for long-term maintenance services for the Liquefaction Train Systems and Power Island Systems contemplated herein, in substantially the form of the Long Term Services Agreement dated as of December 8, 2022 between VG Calcasieu Pass and BH.
Long Term Service Agreement. (LTSA). RE Supplier may enter in a long term service agreement to maintain the Facility throughout the term of this Agreement.
Long Term Service Agreement. As of the Execution Date, the Parties shall enter into the LTSA in the form of Exhibit M, which shall be effective as of the Effective Date.
Long Term Service Agreement. (LTSA). RE Supplier may enter in a long term service agreement to maintain the Facility throughout the term of this Agreement. RE Supplier shall submit such agreement to BL&P for its prior written approval, which approval shall not be unreasonably withheld or delayed. Neither such appointment nor the approval thereof by BL&P, however, shall relieve the RE Supplier of any liability, obligation, or responsibility resulting from a breach of this Agreement.
Long Term Service Agreement. 26 ARTICLE 12. INDEMNIFICATION ................................................................................................................ 26 12.1 Indemnification ........................................................................................................................................ 26 12.2
Long Term Service Agreement. On or prior to December 31, 1997, the Borrower shall enter into the Long Term Service Agreement and shall deliver to the Agent Bank an executed version of the Long Term Service Agreement and each Ancillary Document in respect thereof, all of which shall be in form and substance satisfactory to the Agent Bank.
Long Term Service Agreement. The Parties agree that HI-POWER will have an option to execute an extended service, maintenance, monitoring, and performance guarantee of the Automated Systems upon payment of an additional fee and on the terms and conditions as shall be agreed by the Parties in a separately executed long- term service agreement ("LTSA").
Long Term Service Agreement. The Parties expect that Georgia Power will enter into a long term service agreement (the "LTSA") with the manufacturer of the combustion turbines or other appropriate party to provide for significant maintenance and spare parts for the term of this agreement. - New Units. This agreement will provide for the proper allocation of O&M expenses and capital additions to the original ten units and any new units built by the LLC. The LLC will bear the costs allocated to operating the new units. - Access. The LLC will provide Georgia Power access to the plant for the purpose of performing its obligations under the O&M agreement. The LLC will have free and unrestricted access to the plant. - Operating Standard. Georgia Power will be required to operate the plant in accordance with Prudent Utility Practices, the Interconnection and Site Agreement and the Capacity Purchase Agreement. Georgia Power will operate the plant in a manner consistent with its operation of its own units of the same design. - Employees. Georgia Power will provide and be solely responsible for all personnel required to operate and maintain the plant. All personnel will be adequately trained by Georgia Power for their respective positions. - Environmental. Provisions reflecting the allocation of environmental risks described below will be included. - Assignment. The LLC will be allowed to assign the O&M Agreement without Georgia Power's consent to (i) a purchaser, transferee or lessee of substantially all of its rights and title to the plant, provided that Southern Energy will remain responsible for providing the credit support required under the Capacity Purchase Agreement unless such purchaser, transferee or lessee provides similar credit support, (ii) an affiliate of Southern Energy, provided that Southern Energy will remain responsible for providing the credit support required under the Capacity Purchase Agreement unless such affiliate provides similar credit support, or (iii) a lender or trustee in connection with financing or refinancing the plant (including in connection with any remedies under such financing or refinancing). An assignment made under clause (i) or (ii) of the preceding sentence will relieve the LLC of any further obligations to Georgia Power arising after the date of the assignment. Georgia Power will be allowed to assign the O&M Agreement to any affiliate to which it transfers it rights under the Capacity Purchase Agreement. If such affiliate provides credit support for ...
