Common use of Maintenance and Service Clause in Contracts

Maintenance and Service. Manager shall inspect, maintain and service the Transmission Line in accordance and compliance with (i) Prudent Utilities Practices; (ii) all applicable laws, regulations, authorizations, consents, approvals, variances, orders, licenses, permits and declarations of governmental authorities; (iii) requirements imposed by any utility to whom power is being delivered through the Transmission Line; (iv) all maintenance and service recommendations, requirements or specifications of the manufacturers of components of the Transmission Line as are required to enforce warranty claims against such manufacturers or which are otherwise established by such manufacturers as recommended operating procedures; (v) all maintenance standards with respect, to similar equipment owned or operated by Manager; and (vi) any requirements necessary for the procurement or the maintenance of any insurance policies that the Active Partners shall deem necessary or desirable to maintain with respect to the Transmission Line. For purposes of this Agreement, "Prudent Utilities Practices" shall mean those practices, methods, equipment, specifications and standards of safety and performance, as the same may change from time to time, commonly used in connection with transmission lines in the southwestern region of the United States of a type and size similar to the Transmission Line and recognized as good, safe, and prudent engineering practices in connection with the operation, maintenance, repair, and use of electrical and other equipment, facilities and improvements, of such transmission line, with commensurate standards of safety, performance, dependability, efficiency and economy. Manager shall, on the basis of each such inspection, prepare and deliver to each Partner a report describing the condition of the Transmission Line and setting forth all current maintenance and service requirements with respect to the Transmission Line and all action taken since the preceding inspection, or proposed to be taken prior to the next inspection, with respect to the maintenance and service of the Transmission Line.