Metering Party’s Obligations Sample Clauses

Metering Party’s Obligations. 1. The Seller shall, in accordance with Prudent Operating Practice, supply and install, test and commission the main Metering Equipment and Back –up Metering Equipment (Metering System). The Buyer shall be entitled to attend and witness the testing and commissioning of the Metering System. Thereafter, the Seller shall transfer to the Buyer as beneficial owner (and without any encumbrances) all rights, title and interest in the Back –up Metering Equipment (together with all warranties and guarantees applicable thereto) and upon such transfer the Buyer shall own and maintain the Back –up metering Equipment while Seller shall own and maintain the Main Metering Equipment. The Metering System shall have an accuracy level of ± 0.5%.
AutoNDA by SimpleDocs
Metering Party’s Obligations. Each Party (the “Metering Party”) shall not later than, with respect to the Early Generation Facility and the First Plant, the Early Generation Commissioning Date, with respect to the Second Plant, the Plant Commissioning Date for the Second Plant, with respect to the Third Plant, the Plant Commissioning Date for the Third Plant, and, with respect to the Fourth Plant, the Plant Commissioning Date for the Fourth Plant, install (or procure the installation of) and shall maintain and operate that part of each Metering System for such Plant for which it is responsible in accordance with Part D of Schedule 2. Each of the First Plant, Second Plant, Third Plant and Fourth Plant, shall have a separate Metering System.

Related to Metering Party’s Obligations

  • Conditions to Each Party’s Obligations The respective obligations of each Party to consummate the Merger are subject to the satisfaction of the following conditions:

  • Conditions to Each Party’s Obligation The respective obligations of each party to effect the transactions contemplated by this Agreement shall be subject to the satisfaction prior to or on the Closing Date of the following conditions:

  • CUSTOMER'S OBLIGATIONS 8.1 The Customer shall:

  • Licensors Obligations 4.5.1. Xxxxx the Licensee the right to use the intellectual property (the Service) as in the Agreement. Ensure 24/7 availability of the Service, apart from preventive maintenance time.

  • Conditions to Each Party’s Obligation to Close The obligations of the Parties to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Managers’ Obligations 4.1 The Managers undertake to use their best endeavours to provide the agreed Management Services as agents for and on behalf of the Owners in accordance with sound ship management practice and to protect and promote the interests of the Owners in all matters relating to the provision of services hereunder. Provided, however, that the Managers in the performance of their management responsibilities under this Agreement shall be entitled to have regard to their overall responsibility in relation to all vessels as may from time to time be entrusted to their management and in particular, but without prejudice to the generality of the foregoing, the Managers shall be entitled to allocate available supplies, manpower and services in such manner as in the prevailing circumstances the Managers in their absolute discretion consider to be fair and reasonable.

  • Tenant’s Obligations Tenant’s obligations under this Section 30 shall survive the expiration or earlier termination of the Lease. During any period of time after the expiration or earlier termination of this Lease required by Tenant or Landlord to complete the removal from the Premises of any Hazardous Materials (including, without limitation, the release and termination of any licenses or permits restricting the use of the Premises and the completion of the approved Surrender Plan), Tenant shall continue to pay the full Rent in accordance with this Lease for any portion of the Premises not relet by Landlord in Landlord’s sole discretion, which Rent shall be prorated daily.

  • Owners’ Obligations 5.1 The Owners shall pay all sums due to the Managers punctually in accordance with the terms of this Agreement.

  • LICENSEE'S OBLIGATIONS The Licensee agrees and undertakes:

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