TCS-1 System definition
Examples of TCS-1 System in a sentence
The Operator shall pay all costs of transportation and delivery of the TCS-1 System from the Manufacturer's plant in Montreal to the Site.
The Operator shall provide, at its own expense, all requisite permits and licenses necessary for the installation and operation of the TCS-1 System at the Site and shall exercise its best efforts to maintain its compliance with all applicable federal, state, and local laws, statutes, rules, and regulations and, in the event of any non-compliance which renders impossible the operation of the Site as a tire recycling facility, the Operator shall exercise its best efforts to cure such non-compliance promptly.
Upon completion of the installation of the TCS-1 System at the Site, the Manufacturer shall give the Operator written notice that the TCS-1 System is available for testing operations.
The equipment comprising the TCS-1 System shall be placed in suitably protected containers the nature of which shall be determined by the Manufacturer.
It will therefore be substantially dependent on the ability of such subcontractors to satisfy performance and quality specifications and to dedicate sufficient production capacity for all TCS-1 System scheduled delivery dates.
Components of the TCS-1 Systems, which are not manufactured by the Company's subcontractors specifically for the TCS-1 System, will be purchased, either directly by the Company or indirectly through its subcontractors from third-party manufacturers.
Royalty Fees shall be reported and paid by the Operator to the Manufacturer every month from the Acceptance Date throughout the life of the Subject TCS-1 System.
The Operator hereby grants to the Manufacturer an option (the "Option") to purchase up to forty percent (40%) of the rubber crumb yielded by the disintegration of scrap tires in the Subject TCS-1 System (the "Rubber Crumb Output").
In such event, the Manufacturer shall, at its own expense, remove the TCS-1 System not later than forty-five (45) days following its receipt of such Notice of Rescission and all monies theretofore paid by the Operator to the Manufacturer pursuant to Section 4.3, above, shall be returned by the Manufacturer to the Operator.
Such procedures may be repeated, and the Manufacturer shall have no obligation to deliver the TCS-1 System, until the Manufacturer confirms upon inspection that the Site is in conformance with the Site Plan Specifications, all governmental regulations are complied with, and the Delivery Date is rescheduled in accordance with this Paragraph 6.4.2.