Examples of Annual Maintenance Fee in a sentence
The Customer, or its designee, shall pay ENGIE Services U.S. such Annual Maintenance Fee, without any retention amount withheld, within thirty (30) calendar days after its receipt of the corresponding invoice.
Section 3.01 The Annual Maintenance Fee for the first O&M Period shall be invoiced by ENGIE Services U.S. to the Customer in a lump sum upon the execution of this Agreement.
Unless the Customer gives ENGIE Services U.S. prior written notice of its intent to terminate the Services, any failure to timely pay the Annual Maintenance Fee in accordance with this Agreement shall be a material default by Customer hereunder, and ENGIE Services U.S., in addition to any other legal, contractual and equitable remedies available to it, shall have no obligation thereafter to provide Services.
Section 2.01 So long as Customer pays to ENGIE Services U.S. the Annual Maintenance Fee, ENGIE Services U.S. will provide the Services with respect to the Generating Facilities at the Project Locations, all as described in this Agreement, annually from the O&M Commencement Date.