Common use of Reliability Run Clause in Contracts

Reliability Run. Contractor guarantees that, in no event later than the occurrence of Final Acceptance of the Facility hereunder, the Facility shall have successfully completed the Reliability Run (the "Reliability Guarantee"). Contractor recognizes and acknowledges that in operating the Facility during the Reliability Run Owner will operate the Facility in accordance with the Power Purchase Agreement.

Appears in 3 contracts

Samples: Agreement (Aes Ironwood LLC), Agreement (Aes Ironwood LLC), Agreement (Aes Ironwood LLC)

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Reliability Run. Contractor guarantees that, in no event later than the occurrence of Final Acceptance of the Facility hereunder, the Facility shall have successfully completed the Reliability Run (the "Reliability GuaranteeRELIABILITY GUARANTEE"). Contractor recognizes and acknowledges that in operating the Facility during the Reliability Run Owner will operate the Facility in accordance with the Power Purchase Agreement.

Appears in 1 contract

Samples: And Construction Services (Aes Red Oak LLC)

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