Common use of O&M Contracts Clause in Contracts

O&M Contracts. Not later than six months prior to the end of the Term, Emera shall: (i) deliver to Nalcor copies of all O&M Contracts, together with a statement of: (A) the items ordered and not yet delivered pursuant to each agreement; (B) the expected delivery dates of all such items; and (C) the total cost of each agreement and the terms of payment; (ii) submit to Nalcor detailed information relating to each O&M Contractor or otherwise relating to the O&M Activities in sufficient detail so that Nalcor may contact each such O&M Contractor and determine the role or function of each such O&M Contractor in regard to the O&M Activities; and Nalcor, if it so elects, may seek to engage each O&M Contractor on substantially the same terms as those upon which each had been contracted by ▇▇▇▇▇; (iii) deliver to Nalcor a list of: (A) all items specially designed for the Maritime Link previously delivered or fabricated by Emera or any O&M Contractor and intended to be but not yet incorporated in the Maritime Link (“Special Items”); and (B) all other supplies, materials, machinery, equipment and special tools specifically designed for use in the operation or maintenance of the Maritime Link; and (iv) advise Nalcor of any special circumstances which might limit or prohibit cancellation of any O&M Contract.

Appears in 2 contracts

Sources: Joint Operations Agreement, Joint Operations Agreement