Capital Services Sample Clauses

Capital Services. Serviceco will provide Capital Services to Opco in relation to the PNGTS Pipeline. Capital Services includes the labour and expenses (including any equipment or pipe purchase expenses) for Serviceco employees or contractors performing work on the PNGTS Pipeline which would ordinarily be accounted for as part of the total capital cost for such activities in accordance with PNGTS’ capital accounting policy, including the labour component of Serviceco’s pipe integrity and maintenance programs and work on any regulatory authorizations related to such Capital Services.