Approval of Capital Budget. The Owner shall promptly review any capital additions or replacements recommended by the Operator, and shall approve such capital additions or replacements as the Owner deems necessary or desirable. The Owner shall separately contract for any major maintenance replacements or capital improvements that are outside of the capacity of the Operator's resources.
Appears in 11 contracts
Samples: Operation and Maintenance Agreement (Somerset Power LLC), Operation and Maintenance Agreement (Somerset Power LLC), Operation and Maintenance Agreement (Somerset Power LLC)