Planned Maintenance Event Fee Sample Clauses

Planned Maintenance Event Fee. In addition to the Operation Fee that may be due during the Operation Phase, Contractor will invoice a milestone payment for each Planned Maintenance Event (“Planned Maintenance Event Fee”), as described below: [OPTION A – Term of this Agreement corresponding to 16 (sixteen) years] From year 1 to 10: [***] Brazilian Reais (R$[***]) for each Planned Maintenance Event. From year 11 to 16: [***] Brazilian Reais (R$[***]) for each Planned Maintenance Event. Or [OPTION B - – Term of this Agreement corresponding to 25 (twenty-five) years] From year 1 to 10: [***] Brazilian Reais (R$[***]) for each Planned Maintenance Event. From year 11 to 18: [***] Brazilian Reais (R$[***]) for each Planned Maintenance Event. From year 19 to 25: [***] Brazilian Reais (R$[***]) for each Planned Maintenance Event.