Seller's Quarterly Maintenance Schedule Sample Clauses
The Seller's Quarterly Maintenance Schedule clause establishes the requirement for the seller to perform regular maintenance on specified assets or equipment every quarter. In practice, this means the seller must adhere to a set timetable, conducting inspections, servicing, and necessary repairs at three-month intervals, and may also be required to provide documentation of completed maintenance to the buyer. This clause ensures ongoing operational reliability and helps prevent unexpected breakdowns, thereby protecting the buyer's interests and minimizing the risk of costly disruptions.
Seller's Quarterly Maintenance Schedule. By each March 1st, June 1st, September 1st and December 1st (as applicable, subsequent to the Commercial Operations Date), Seller shall provide to Company in writing a projection of maintenance outages and reductions in capacity for the next calendar quarter, including the estimated MW that is anticipated to be off-line for each projected maintenance event. Seller shall provide Company with prompt written notice of any deviation from its quarterly maintenance schedule, but in any case Seller shall provide such written notice not less than one (1) week prior to commencing any such rescheduled maintenance event. During any scheduled or rescheduled maintenance event, Seller shall provide updates to Company's operating personnel in the event there are any delays or changes to the proposed schedule, and shall promptly respond to any requests from Company for updates regarding the status of such maintenance event.
Seller's Quarterly Maintenance Schedule. If changes are required to the Seller’s Annual Maintenance Schedule after concurrence by Buyer in accordance with Section 5.3.1, Seller shall provide to Buyer in writing a projection of maintenance outages and reductions in capacity for the next calendar quarter in which such change in the Seller’s Annual Maintenance Schedule shall occur, including the estimated MW that is anticipated to be off-line for each projected maintenance event. If required, Seller’s Quarterly Maintenance Schedule shall be provided to Buyer by March 1st, June 1st, September 1st or December 1st, as applicable. Seller’s inclusion of a maintenance event in its quarterly maintenance schedule shall not excuse any failure to satisfy the Committed MW/MVAR during such maintenance event, except that Seller shall be excused from any failure to satisfy the Committed MW/MVAR if Buyer fails to raise a concern regarding the occurrence of a maintenance event upon thirty (30) Business Days prior written notice to Seller. During any scheduled maintenance event, Sell-er shall provide updates to Buyer’s operating personnel in the event there are any delays or changes to the proposed schedule, and shall promptly respond to any requests from Buyer for updates regarding the status of such maintenance event.