In Revenue Service definition
Examples of In Revenue Service in a sentence
At any time during the Site Acquisition Delay Period or the Microwave Delay Period, as the case may be, the Owner may, in its sole discretion, decide to place the PCS System or PCS Sub-System, as the case may be, or any portion thereof which is subject to such delay into In Revenue Service.
If, as a result of the Defect and Deficiency, the Product fails to operate in accordance with the Specifications which causes the System to fail to materially operate in accordance with its Specifications, a refund shall be paid to the Owner on account of the purchase price for the total System, less a pro-rata discount calculated with regard to the period of time during the Warranty Period that Owner operated the System in In Revenue Service.
If, as a result of the Defect and Deficiency, the Software fails to operate in accordance with the Specifications which causes the System to fail to materially operate in accordance with its Specifications, a refund shall be paid to Owner on account of the purchase price for the total System, less a pro rata discount calculated with regard to the period of time during the Warranty Period that Owner operated the System in In Revenue Service.
Such placement into In Revenue Service shall constitute Substantial Completion only for purposes of the payment obligations above, but shall not in any way relieve the Vendor of any of its obligations under this Contract, including without limitation achieving a Guaranteed Substantial Completion Date nor shall such In Revenue Service trigger the commencement of the Initial Period.
At any time during a period of delay the Owner may, in its sole discretion, decide to place a System which is subject to such delay into In Revenue Service.
For purposes of calculating such pro rata discount, the period of time the Owner would have been able to operate the System within In Revenue Service shall be: (i) ten (10) years from Substantial Completion for the AXE switch; and (ii) seven (7) years from Substantial Completion for all other Products.
For purposes of calculating such pro rata discount, the period of time Owner would have been able to operate the System in In Revenue Service shall be [*] from Substantial Completion for the Switch and [*] from Substantial Completion for all other Products.
PURCHASE shall acknowledge same by signing the Acceptance Certificate prior to the System (or System segment) being placed In Revenue Service.
For purposes of calculating such pro rata discount, the period of time the Owner would have been able to operate the System in In Revenue Service shall be: (i) ten (10) years from Substantial Completion for the AXE switch; and (ii) seven (7) years from Substantial Completion for all other Products.
Upon successful completion of such acceptance tests and compliance with such Specifications, or Company’s use of the respective Products and Services In Revenue Service, whichever occurs first, such Products and Services shall be deemed accepted.