Repair Rate Sample Clauses

Repair Rate. At Operating Day rate for each period of shutdown time up to a maximum of 10 hours for any repair job and a total of 20 hours for each 30 day period. Thereafter, at a rate of US$ 0 per Operating Day.
Sample 1
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Repair Rate. (Appendix A, Section 1.2(c)) The Repair Rate shall be the compensation paid to Contractor during any period (or periods) of suspension of the Work resulting from the failure, breakdown or malfunction of the Rig or, subject to Appendix A, Sections 7.2(b), 7.2(c) and 7.2(e), when the Rig is otherwise unable to perform the Work; provided (i) if such suspension of the Work results from the failure, breakdown or malfunction of surface equipment, the Standby Rate shall apply for the first [***] hours of such suspension and (ii) if such suspension of the Work results from the failure, breakdown or malfunction of subsea equipment, the Standby Rate shall apply for the first [***] hours of such suspension; and provided further that the Standby Rate shall only apply with respect to any repair time described in the preceding clauses (i) and (ii) for a maximum cumulative of [***] hours per month.
Sample 1
Repair Rate. In the event Contractor is unable to conduct normal operations as required under this Contract solely because of a material breakdown or failure of any of Contractor’s Equipment, including the Drilling Unit, (as distinguished from normal rig maintenance), Operator shall pay Contractor at the Equipment Repair Rate indicated under Appendix B. The Equipment Repair Rate shall apply from the time such breakdown or failure occurs until normal operations are resumed or terminated. Notwithstanding the above, the Repair Rate will be zero (0) after Contractor has been unable to conduct normal operations for the reasons set out above, for a total of twenty-four (24) hours per thirty (30) days (not cumulative month by month) period and will remain zero (0) until the breakage or failure of Contractor’s Equipment, including the Drilling Unit, is remedied. Daily maintenance and inspections such as lubrication, packing of swivels, slipping and cutting drill lines, top drive system normal maintenance as per manufacturer’s instructions shall not be deemed as repair time.
Sample 1
Repair Rate. The “Repair Rate” will be 100% of the Operating Rate per 24-hour day and will be paid as follows: (a) The Operating Rate up to an accumulation of 72 (seventy-two) hours per calendar month. (b) No compensation for the hours beyond a total of 72 (seventy-two) accumulated hours per calendar month. For the purpose of this rate calculation, partial days and months are to be pro-rated. Contractor will use due diligence in effecting all repairs, replacements or inspection in a good and competent manner and will use its best efforts to replace any defective items in the time possible. Preventive maintenance should, as much as it is possible, be carried out during periods when the drilling equipment is idle.
Sample 1
Repair Rate. The Repair Rate shall apply: For any period of shutdown during which Operations are suspended due to electrical, mechanical or hydraulic failure. For any such period not related to subsea or mooring equipment the application of the Repair Rate shall be limited to a maximum of twelve (12) hours for any one occurrence and a total of twenty-four (24) hours for all periods of shutdown time during each thirty (30) day period. After which the Zero Rate shall apply. However, for any such period related to subsea and mooring equipment the application of the Repair Rate shall be limited to a maximum of thirty-six (36) hours for any one occurrence and a total of seventy-two (72) hours for all such periods of shutdown time during each thirty (30) day period. After which the Zero Rate shall apply. The CONTRACTOR shall use due diligence in effecting all repairs and in inspecting its equipment. If a certification or inspection by other authorities or agencies are required, those costs shall be for the account of CONTRACTOR.
Sample 1
Repair Rate. In the event it is necessary to shut down Contractor's rig for repairs, excluding routine rig servicing, while Contractor is performing daywork hereunder, Contractor shall be allowed compensation at the applicable daywork rate for each period of shutdown time up to a maximum of 4** hours for any one repair job and a total of 18** hours for each thirty (30) day period. Thereafter, Contractor shall be compensated at a rate of $ 0 per twenty-four (24) hour day. Rig lubrication, cutting drilling line and replacing mud pump expendables shall not be included in computing the number of hours of shutdown time.
Sample 1
Repair Rate. The Repair Rate shall apply for those periods when the DRILLING UNIT is shut down due to the failure of, or need to repair, any item of CONTRACTOR’s equipment (other than where this shutdown was caused by the circumstances described in Clause 5.2 (b) (vi) or in the circumstances specified in the paragraph below, in which case the Standby Rate will be payable under that Clause). The time required for conducting the following routine maintenance and testing shall be deemed to be routine maintenance and shall not be considered as repair time: (i) BOP testing; (ii) post jar and high drilling vibration inspections; (iii) slip and cut of drill line. In the event that any part of the BOP equipment fails to test during such routine maintenance then, commencing when the first attempt to test has failed and until an acceptable test has been achieved, this shall be deemed to be repair hours and the Repair Rate shall apply. Such Repair Rate shall be payable for the “maximum accumulated repair hours”, as specified in Table A in Clause 5.1, in any one calendar month and pro-rated for periods less than a full calendar month. Thereafter, Zero Rate shall apply and no rate shall be payable until the DRILLING UNIT has been restored to full operating capacity.
Sample 1
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Repair Rate. 37.5.1. Except as provided in Article 37.5.2 below, the Repair Rate shall apply when Work is suspended due to breakdown or repair of the Drilling Rig (“Repair Time”). 37.5.2. The Repair Rate will be effective immediately upon the shut down of the Drilling Rig and will continue until Work resumes, up to a maximum of twenty- four (24) total hours per month; provided, however, that the Repair Rate shall not apply if repairs or breakdowns are due to any of the following events: (i) A Force Majeure event, for which the Contractor shall be paid the Standby Rate; (ii) A breakdown of equipment caused by Operator or Operator’s Personnel, for which the Contractor shall be paid at the Operating Rate; (iii) Suspension of the Work during repair to the Contractor Equipment as provided in Article 30 or Article 31 or due to blowout, fire, cratering, or shifting at a drilling location; (iv) A shutdown due to routine rig servicing, where routine rig servicing includes but is not limited to cutting and slipping drilling line, servicing the top drive, if any, changing mud pump or expendables, switching pumps, changing the swivel packing, all well control equipment elastomers, and annular element, testing BOP equipment, lubricating the rig and associated equipment, and changing out upper and lower IBOP’s on the top drive, for which Contractor shall be paid the Operating Rate; or (v) Breakdown or repairs to rental equipment from Contractor or third parties. 37.5.3. For purposes of the time limit described in Article 37.5.2, if the actual Repair Time is less than twenty-four (24) hours in a given month, the remaining balance of such twenty-four (24) hour limit shall be accrued and added to the twenty- four (24) hour limit available to Contractor during the next month. These Repair Time allowances shall continue to accrue each month for the term of the Contract such that the limit provided in this Article 37.5.2 shall be automatically adjusted each month to reflect such accrued amount. 37.5.4. If a necessary repair due solely to breakdown of Contractor’s Drilling Rig Inventory equipment requires Contractor to trip out of open hole to the nearest casing point (or if Operator, in its sole discretion, requires Contractor to trip out of the open hole solely to repair a breakdown of Contractor equipment), trip time to the nearest shoe and back to bottom will be considered as Repair Time. Operator and Contractor agree that the Repair Rate and zero rates payable under this Article 37.5 ...
Sample 1
Repair Rate 
Sample 1

Related to Repair Rate

  • Cost of Repairs 54.1 Loss or damage to the Works or Materials to be incorporated in the Works between the Start Date and the end of the Defects Correction periods shall be remedied by the Contractor at the Contractor's cost if the loss or damage arises from the Contractor's acts or omissions.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Maintenance Repairs and Alterations 7.1 Lessee's Obligations. -------------------- (a) Subject to Lessor's obligations under Paragraphs 6.2(b), 6.3(a), 7.3, 9 and 40, Lessee shall keep in good order, condition and repair the non- structural elements of the Premises and every part thereof, (whether or not the need for such repairs occurs as a result of Lessee's use, any prior use, the elements or the age of such portion of the Premises) including, without limiting the generality of the foregoing, all exposed plumbing, heating and air conditioning, ventilating, electrical, lighting facilities and equipment within the Premises, fixtures, walls (interior and nonstructural elements of exterior), ceilings, floors, windows, doors, plate glass and skylights located within the Premises, and all driveways, parking lots and striping thereon, landscaping, exterior lighting, fences and signs located on the Premises and sidewalks and parkways adjacent to the Premises. If the cost of repairing an element of the Premises is covered by a warranty obtained by Lessor from a third party contractor, subcontractor, consultant or material supplier in connection with construction work performed on the Premises prior to the Effective Date, Lessor shall make available such warranty to Lessee and shall assign to Lessee Lessor's rights thereunder, provided that Lessee shall not take any action which shall invalidate any such warranty or derogate from Lessor's remedies or recourse thereunder. (b) Lessee shall maintain the Premises as provided in Paragraph 7. I (a) and in accordance with the requirements of all Laws and any covenants or restrictions as may from time to time be applicable to Lessee's specific manner of use of the Premises and the conduct and operation of Lessee's business. Lessee, in keeping the Premises in good order, condition and repair, shall exercise and perform good maintenance practices and any damage or deterioration shall not be deemed "ordinary wear and tear" if the same could have been prevented by good maintenance practice. Lessee's obligations shall include restorations, replacements or renewals when determined not to be due to ordinary wear and tear or when made necessary due to failure to perform proper maintenance. (c) If the term of this Lease, as the same may be extended or renewed, exceeds five (5) years, Lessor shall have the right to require Lessee to repaint the exterior of THE improvements. but not more often than once every five (5) years, as reasonably necessary. (d) Lessee's obligations under this Paragraph 7.1 shall not apply to replacement, repair or restoration of items which are Lessor's obligation to replace, repair or restore pursuant to the terms of Paragraph 6.3(a) (relating to Existing Defects) Paragraph 7.3(a) relating to structural repairs and certain replacements) Paragraph 9 (relating to destruction of the Premises) or Paragraph 14 (relating to condemnation of the Premises).

  • Outage Repair Standard In the event of an outage or trouble in any Service being provided by a Party hereunder, the Providing Party will follow Verizon’s standard procedures for isolating and clearing the outage or trouble.

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • MAINTENANCE, REPAIRS, OR ALTERATIONS The Tenant shall, at their own expense and at all times, maintain premises in a clean and sanitary manner, and shall surrender the same at termination hereof, in as good condition as received, normal wear and tear excepted. The Tenant may not make any alterations to the leased premises without the consent in writing of the Landlord. The Landlord shall be responsible for repairs to the interior and exterior of the building. If the Premises includes a washer, dryer, freezer, dehumidifier unit and/or air conditioning unit, the Landlord makes no warranty as to the repair or replacement of units if one or all shall fail to operate. The Landlord will place fresh batteries in all battery-operated smoke detectors when the Tenant moves into the premises. After the initial placement of the fresh batteries it is the responsibility of the Tenant to replace batteries when needed. A monthly "cursory" inspection may be required for all fire extinguishers to make sure they are fully charged.

  • Repairs 10.01 Except as otherwise provided in this Section 10, Tenant agrees at its own expense to keep the Improvements, including all structural, electrical, mechanical and plumbing systems at all times in good appearance and repair except for reasonable and normal wear and tear. Tenant will also pay all other expenses in connection with the maintenance of the Premises including repair and upkeep of grounds, sidewalks, driveways and parking areas in a first class condition. 10.02 Notwithstanding any other provision of this Lease, from and after the date Tenant takes occupancy of the Premises any repairs, additions or alterations to the improvements or any of its systems (e.g., plumbing, electrical, mechanical) structural or non-structural, which are required by any law, statute, ordinance, rule, regulation or governmental authority or insurance carrier, including, without limitation, OSHA, will be the obligation of Tenant. Provided, however, that Tenant shall not be responsible for any repairs, additions or alterations to the building or any of its systems (e.g. plumbing, electrical, mechanical) structural or non-structural which are required by any law, statute, ordinance rule, regulation or governmental authority or insurance carrier, including without limitation, OSHA if a violation or noncompliance existed at the time Tenant took occupancy of the Premises, in which case Landlord shall be responsible for the repairs, additions or alterations as required. 10.03 Tenant acknowledges that he has examined the Premises prior to the making of this Lease, that he knows the condition thereof, that no representations as to the condition of the state of repairs thereof have been made by Landlord or Landlord's agent which are not expressly set forth herein, and that except as otherwise specifically set forth herein, Tenant hereby accepts the Premises in their present condition at the date of execution of this Lease. Anything contained herein to the contrary notwithstanding, the Premises at 0000 Xxxxxxxxx Xxxxx shall be in good order and repair upon the date occupancy is delivered to Tenant. Tenant will inspect the Premises at 0000 Xxxxxxxxx Xxxxx prior to occupancy to assure that the facilities and equipment are in good condition and Landlord will agree to repair facilities or equipment reasonably identified as substandard. Landlord shall not be required to replace carpeting or repaint provided the walls and floors are in good condition, reasonable wear and tear excepted.

  • Maintenance & Repairs 5.1 Lessee shall at all times be responsible for maintaining at its own expense the leased premises in a clean, orderly and safety condition, except as hereinafter provided. Lessee shall be responsible, at its own expense, to clean and maintain all trade fixtures, machinery and equipment furnished by Lessee within the leased premises. Lessee shall be responsible to deposit normal office waste and rubbish at a location at the Central School as designated by Lessor. 5.2 Lessee shall be responsible to perform all repairs the need for which is caused by Xxxxxx's use of the premises except that Lessor shall be responsible to perform major repairs of a structural nature. Lessor shall be responsible to arrange for removal of waste and rubbish from the location designated as the deposit location for lessees. All costs incurred by Lessor pursuant to the obligations of this Paragraph shall be included within "operating costs". 5.3 Lessor shall provide custodian services for the common areas of Central School. Costs incurred by Lessor in providing such custodian services shall be included within "operating costs".

  • Cost of the Work The sum of all allowable costs necessarily incurred and paid by Contractor in the proper performance of the Work.

  • Tenant’s Repairs Subject to Section 13 hereof, Tenant, at its expense, shall repair, replace and maintain in good condition all portions of the Premises, including, without limitation, entries, doors, ceilings, interior windows, interior walls, and the interior side of demising walls. Such repair and replacement may include capital expenditures and repairs whose benefit may extend beyond the Term. Should Tenant fail to make any such repair or replacement or fail to maintain the Premises, Landlord shall give Tenant notice of such failure. If Tenant fails to commence cure of such failure within 10 days of Landlord’s notice, and thereafter diligently prosecute such cure to completion, Landlord may perform such work and shall be reimbursed by Tenant within 10 days after demand therefor; provided, however, that if such failure by Tenant creates or could create an emergency, Landlord may immediately commence cure of such failure and shall thereafter be entitled to recover the costs of such cure from Tenant. Subject to Sections 17 and 18, Tenant shall bear the full uninsured cost of any repair or replacement to any part of the Project that results from damage caused by Tenant or any Tenant Party and any repair that benefits only the Premises. Notwithstanding anything to the contrary contained in this Lease, as of the Rent Commencement Date, the maintenance and repair obligations for the Premises shall be allocated between Landlord and Tenant as set forth on Exhibit H attached hereto. The maintenance obligations allocated to Tenant pursuant to Exhibit H (the “Tenant Maintenance Obligations”) shall be performed by Tenant at Tenant’s sole cost and expense. The Tenant Maintenance Obligations shall include the procurement and maintenance of contracts, in form and substance reasonably satisfactory to Landlord, with copies to Landlord upon Landlord’s written request, for and with contractors reasonably acceptable to Landlord specializing and experienced in the respective Tenant Maintenance Obligations. Notwithstanding anything to the contrary contained herein, the scope of work of any such contracts entered into by Tenant pursuant to this paragraph shall, at a minimum, comply with manufacturer’s recommended maintenance procedures for the optimal performance of the applicable equipment. Landlord shall, notwithstanding anything to the contrary contained in this Lease, have no obligation to perform any Tenant Maintenance Obligations. The Tenant Maintenance Obligations shall not include the right or obligation on the part of Tenant to make any structural and/or capital repairs or improvements to the Project, and Landlord shall continue, as part of Operating Expenses, to be responsible, as provided in Section 13, for capital repairs and replacements required to be made to the Project. If Tenant fails to maintain any portion of the Premises for which Tenant is responsible as part of the Tenant Maintenance Obligations in a manner reasonably acceptable to Landlord within the requirements of this Lease, Landlord shall have the right, but not the obligation, to provide Tenant with written notice thereof and to assume the Tenant Maintenance Obligations if Tenant does not cure Tenant’s failure within 10 days after receipt of such notice.

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