Common use of Plant Operation and Maintenance Clause in Contracts

Plant Operation and Maintenance. Operator shall have the authority to possess, operate and maintain the Generation Facilities in accordance with policies and decisions established and made by Owner. Subject to the provisions of this Agreement, Operator shall in accordance with Prudent Utility Practice endeavor to achieve reliable performance of each Generation Facility, to maximize the capacity and availability factors and minimize forced outage rates and durations at each Generation Facility and to produce busbar costs as low as reasonably possible.

Appears in 5 contracts

Samples: Operating Agreement (Southern Power Co), Operating Agreement (Gulf Power Co), Operating Agreement (Gulf Power Co)

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