Subsea equipment Sample Clauses

Subsea equipment a. Wellhead equipment; 4 b. Wellhead connector from BOP stack to wellhead as specified in Appendix B; 1 c. Subsea running tools for wellheads, if required; 4 d. Contractor’s surface or subsea blowout preventer system as described in Appendix B; 1 e. Wellhead temporary guidebase, if required; 4 f. Wellhead guide post structure, if required; 4 g. Jetting tools for jetting in conductor casing, if required; 4 h. Guide arms and bushings for drilling conductor hole and running conductor casing, if required; 4 i. Repair and/or replacement for items (a), (c), (e), (f), (g) and (h). 4
Sample 1
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Subsea equipment. (i) In the event of any loss or destruction of, or damage to, Contractor’s subsea equipment while below the water line during the performance of the Work (including blowout preventers, risers and riser accessories, and tensioner wires), not including normal wear and tear, and regardless of fault (but except to the extent caused by the sole negligence, Gross Negligence or Willful Misconduct of any member of Contractor Group), Operator shall be responsible for all losses which are not reimbursable by Contractor’s insurance or warranty, including the applicable deductible. Except as provided in Section 8.4(b)(ii), upon the occurrence of any loss or damage described in this Section 8.4(b), Operator shall pay the Standby Rate in each case up to a maximum of thirty (30) days per occurrence, after which the Zero Rate shall apply until the Rig is in condition to continue the Work. (ii) In the event of any loss or destruction of, or damage to, a BOP while below the water line during the performance of the Work, not including normal wear and tear, and regardless of fault (but except to the extent caused by the sole negligence, Gross Negligence or Willful Misconduct of any member of Contractor Group) then the Standby Rate shall apply to the period from the time at which the Work is stopped hereunder in preparation to pull and retrieve the BOP, including the time needed to secure any Designated Well in progress, until the time that the second BOP is deployed and the point where such Work or drilling was stopped is reached again and operations resumed, at which time the Standby Rate shall continue to apply. If, for any reason, the second BOP is not fully operational or fails any test or inspection prior to the time such Work or drilling is resumed, then Contractor shall be entitled to any repair allowances provided in Appendix I, Section B(2)(C), after which the Zero Rate shall apply until the second BOP is restored to a fully operational and Compliant condition, deployed, and the point where such Work or drilling was stopped is reached again and operations resumed. The Operating Rate shall not apply until the lost, destroyed, or damaged BOP has been replaced or restored and the Rig is again equipped with two (2) fully operational and Compliant BOPs.
Sample 1
Subsea equipment a. Wellhead equipment; 4 b. Wellhead connector from BOP stack to as specified in Appendix B; 1 c. Subsea running tools for wellheads, if required; 4
Sample 1
Subsea equipment. Except as otherwise provided herein (and specifically without prejudice to Sections 3.4.b, 3.4.d and 3.4.g), when Work has been suspended due to damage to, or replacement, breakdown, or failure of Contractor’s subsea equipment (located below the rotary table), Contractor shall be paid at the Repair Rate up to forty eight (48) hours per occurrence, subject to a maximum of forty eight (48) hours per calendar month. Thereafter, Contractor shall receive the $0 Repair Rate until operations are resumed. For purposes hereof, repair time shall commence when the subsea component is secured on the Rig and shall continue until the repair or other remedial work is completed and the component has been picked up to run to bottom. Time incurred to pull and run any subsea equipment shall be paid at 50% of the Operating Rate from the time the component is unlatched until it is secured on the rig, and from the time the component is picked up to run to bottom until it has been re-latched on bottom and tested, at which time the Operating Rate or other applicable rate shall apply. Any period of delay resulting from an inability to launch or run Contractor subsea equipment after repair due to weather, seas or any other cause not within the control of Contractor shall be paid at the Standby Rate. Any breakdown or failure of Contractor’s subsea equipment following drilling out the cement plugs or initial spud of the well, as the case may be, shall be considered a separate incident of breakdown.
Sample 1
Subsea equipment. In the event of damage, loss or destruction of Contractor’s subsea equipment while below the water line during the performance of the Work (including but not limited to blowout preventers, risers and riser accessories, connector buoys, and pendant wires), not including normal wear and tear, and except when caused by the sole or gross negligence or willful misconduct of Contractor Indemnified Parties, Operator shall be responsible for all losses which are not reimbursed by Contractor’s insurance, including the applicable deductible.
Sample 1
Subsea equipment. Wellhead equipment; 1 4
Sample 1
Subsea equipment. (a) Except as otherwise provided in Section 9.2(2)(b), if the stoppage of the Services is due to a mechanical failure or damage to the Subsea Equipment, Contractor will be on zero Service Rate and receive no further compensation from Company until either the recommencement of the Services or the Contract is terminated or expires. (b) If the BOP Stack has been deployed and functional, with or without the LMRP, in excess of ninety (90) days from when the BOP Stack is released from the transportation cart, and a stoppage of the Services occurs due to mechanical failure or damage to the BOP Stack, Contractor shall recover, replace, reconnect, test in line and deploy a BOP Stack at eighty-five percent (85%) of Operating Rate until either the recommencement of the Services or the Contract is terminated or expires. If the BOP Stack has been deployed and functional, with or without the LMRP, in excess of one hundred and twenty (120) days from when the BOP Stack is released from the transportation cart, and a stoppage of the Services occurs due to mechanical failure or damage to BOP Stack, Contractor shall recover, replace, reconnect, test in line and deploy a BOP Stack at Operating Rate until either the recommencement of the Services or the Contract is terminated or expires. If a failure occurs in the surface BOP controls system and does not result in recovering the LMRP or BOP Stack, Section 9.2(1) applies. (c) If at Company’s request the spare BOP Stack, if any, has a different configuration from the deployed BOP Stack (i.e. drilling versus completion), and Services are stopped to recover the deployed BOP Stack, any incremental time required on the critical path to reconfigure and test the spare BOP Stack for deployment shall be at Operating Rate.
Sample 1
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Related to Subsea equipment

  • Equipment The Fund shall obtain and maintain at its own cost and expense all equipment and services, including but not limited to communications services, necessary for it to utilize the Software and obtain access to the System, and Custodian shall not be responsible for the reliability or availability of any such equipment or services.

  • New Equipment Where new types of equipment and/or operations, for which rates of pay are not established by this Agreement, are put into use after the ratification date of this Agreement within operations covered by this Agreement, rates governing such operations shall be subject to negotiations between the parties. This paragraph shall apply to all new types of equipment including office and clerical equipment. In the event an agreement cannot be reached within sixty (60) days after the date such equipment is put into use, the matter may shall be submitted to the National Grievance Committee for final disposition. Rates agreed upon or awarded shall be effective as of the date equipment is put to use

  • Supplies and Equipment The Union and employees will not use state-purchased supplies or equipment to conduct union business or representational activities. This does not preclude the use of the telephone for representational activities if there is no cost to the Employer, the call is brief in duration and it does not disrupt or distract from the Employer’s business.

  • Leased Equipment The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations of remedies provisions, which are unconscionable under applicable Florida law, are void. MATERIAL SAFETY DATA SHEET (MSDS). In compliance with Florida Statutes, Ch. 442, a Material Safety Data Sheet (MSDS) must accompany any applicable item delivered under this Agreement.

  • Safety Equipment Should the employment duties of an employee in the bargaining unit require use of any equipment or gear to insure the safety of the employee or others, the District agrees to furnish such equipment or gear.

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • Customer Equipment Customer represents and warrants that it owns or has the legal right and authority, and will continue to own or maintain the legal right and authority during the term of this Agreement, to place and use the Customer Equipment as contemplated by this Agreement. Customer further represents and warrants that its placement, arrangement, and use of the Customer Equipment in the Internet Data Centers complies with the Customer Equipment Manufacturer's environmental and other specifications.

  • Electrical Equipment Residents must use only CSA, UL-approved or Canadian-certified electrical equipment; the rated wattage of light fixtures must never be exceeded; and only replacement bulbs supplied by Waterloo maintenance staff may be used. Do not leave any unattended electrical equipment turned on (i.e. hair straighteners, lights etc.)

  • Equipment Use Lessee agrees that the Equipment will be operated by competent, qualified personnel in connection with Lessee's business for the purpose for which the Equipment was designed and in accordance with applicable operating instructions, laws, and government regulations, and that Lessee shall use all reasonable precautions to prevent loss or damage to the Equipment from fire and other hazards. Lessee shall procure and maintain in effect all orders, licenses, certificates, permits, approvals, and consents required by federal, state, or local laws or by any governmental body, agency, or authority in connection with the delivery, installation, use, and operation of the Equipment.

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

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