Common use of Maintenance and Modifications of Facility by Company Clause in Contracts

Maintenance and Modifications of Facility by Company. (a) The Company agrees that during the term of the Project Agreement it or its operator will (i) keep the Facility in as reasonably safe condition as its operations shall permit; (ii) make all necessary repairs and replacements to the Facility (whether ordinary or extraordinary, structural or nonstructural, foreseen or unforeseen); (iii) operate the Facility in a sound and prudent manner;

Appears in 2 contracts

Samples: Project Agreement, Project Agreement

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Maintenance and Modifications of Facility by Company. (a) The Company agrees that during the term of the Project this Leaseback Agreement it or its operator will (i) keep the Facility in as reasonably safe condition as its operations shall permit; (ii) make all necessary repairs and replacements to the Facility (whether ordinary or extraordinary, structural or nonstructural, foreseen or unforeseen); (iii) operate the Facility in a sound and prudent manner;

Appears in 1 contract

Samples: Leaseback Agreement

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Maintenance and Modifications of Facility by Company. (a) The Company agrees that during the term of the Project this Leaseback Agreement it or its operator will (i) keep the Facility in as reasonably safe condition as its operations shall permit; (ii) make all necessary repairs and replacements replacements, to the Facility (whether ordinary or extraordinary, structural or nonstructural, foreseen or unforeseen); (iii) operate the Facility in a sound and prudent manner;

Appears in 1 contract

Samples: Leaseback Agreement

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