Common use of Compliance with Operating Standards Clause in Contracts

Compliance with Operating Standards. The Concessionaire shall, at all times during the Term, cause the System Operations to, comply with and implement the Operating Standards in all material respects (including any changes or modifications to the Operating Standards pursuant to the terms of this Agreement). The Concessionaire shall have in place procedures that are designed to achieve compliance with the Operating Standards. Except as specifically set forth herein, the Concessionaire shall perform all work required to comply with and implement the Operating Standards (including the capital improvements described therein) as part of the System Operations and at its sole cost and expense.