Common use of Replacement of Equipment Clause in Contracts

Replacement of Equipment. The Concessionaire shall at its cost, plan for replacement of the equipment well ahead of the time when the utility thereof is reasonably expected to expire and replace the equipment in accordance with Good Industry Practice so as to ensure that the Project facilities and Services commensurate with the Scope of Work, at all times during the Concession Period.

Appears in 7 contracts

Samples: Model Concession Agreement, Escrow Agreement, Draft Concession Agreement

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Replacement of Equipment. The Concessionaire shall at its cost, plan for replacement of the equipment well ahead of the time when the utility thereof is reasonably expected to expire and replace the equipment in accordance with Good Industry Practice so as to ensure that the Project facilities and Services commensurate with the Scope of WorkProject Requirements, at all times during the Concession Period.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Model Concession Agreement

Replacement of Equipment. The Concessionaire shall at its cost, plan for replacement of the equipment well ahead of the time when timewhen the utility thereof is reasonably expected to expire and replace the equipment in accordance with accordancewith Good Industry Practice so as to ensure that the Project facilities and Services commensurate with commensuratewith the Scope of Work, at all times during the Concession Period.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Replacement of Equipment. The Concessionaire shall at its cost, plan for replacement of the equipment well ahead of the time when the utility thereof is reasonably expected to expire and replace the equipment in accordance with Good Industry Practice so as to ensure that the Project facilities Facilities and Services commensurate with the Scope of Work, at all times during the Concession Period.

Appears in 1 contract

Samples: Concession Agreement

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Replacement of Equipment. The Concessionaire shall at its cost, plan for replacement of the equipment well ahead of the time when the utility thereof is reasonably expected to expire and replace the equipment in accordance with Good Industry Practice so as to ensure that the quality of Project facilities and Services are commensurate with the Scope of Work, at all times during the Concession Period.

Appears in 1 contract

Samples: Management and Development Agreement

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