Common use of Meter Accuracy Clause in Contracts

Meter Accuracy. All metering equipment measuring the output of the Facility shall be tested once annually, at the Seller’s expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than one-half of one percent (0.5%), the Seller shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 2 contracts

Samples: Standardized Power Purchase Agreement, Standardized Power Purchase Agreement

AutoNDA by SimpleDocs

Meter Accuracy. All metering equipment measuring the output of the Facility Plant shall be tested once annuallyat least every six months, at the SellerBuyer’s expense, in accordance with Good Utility Prudent Operating Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than one-half of one percent (0.5%), the Seller Buyer shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 2 contracts

Samples: Signed And, Signed And

Meter Accuracy. All metering equipment Metering Systems measuring the output of the Facility shall be tested once at least annually, at the Seller’s Buyer's expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipmentMetering System. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment Metering System is found to be inaccurate by more than one-half of one percent (0.5%), the Seller The Buyer shall cause such metering equipment Metering System to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of metersthe Metering System. If either Party believes that there has been a meter Metering System failure or stoppage, it shall immediately notify the other Party. The Party owning the meters Metering System will then investigate and take corrective action if necessary.

Appears in 2 contracts

Samples: Standardized Power Purchase Agreement, Standardized Power Purchase Agreement

Meter Accuracy. All metering equipment measuring the output of the Facility shall be tested once at least annually, at the Seller’s expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than one-half of one percent (0.5%), the Seller shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 1 contract

Samples: Standardized Power Purchase Agreement

Meter Accuracy. All metering equipment measuring the output of the Facility shall be tested once at least annually, at the Seller’s expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than that one-half of one percent (0.5%), the Seller shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 1 contract

Samples: Standardized Power Purchase Agreement

AutoNDA by SimpleDocs

Meter Accuracy. All metering equipment measuring the output of the Facility shall be tested once at least annually, at the Seller’s Buyer's expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than one-half of one percent (0.5%), the Seller The Buyer shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 1 contract

Samples: Standardized Power Purchase Agreement

Meter Accuracy. All metering equipment measuring the output of the Facility shall be tested once at least annually, at the Seller’s Buyer's expense, in accordance with Good Utility Practice. At any reasonable time, either Party may request a test of the accuracy of any metering equipment. Each Party shall bear the cost of a test requested by it. The results of meter calibrations or tests shall be available for examination by the Parties at all reasonable times. If, at any time, any metering equipment is found to be inaccurate by more than that one-half of one percent (0.5%), the Seller The Buyer shall cause such metering equipment to be made accurate or replaced as soon as possible. Each Party shall be given reasonable advance notice of and have the right to be present at the breaking of the seals, testing, calibration and sealing of meters. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party. The Party owning the meters will then investigate and take corrective action if necessary.

Appears in 1 contract

Samples: Standardized Power Purchase Agreement

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