Common use of Colstrip Operations Arrangements Clause in Contracts

Colstrip Operations Arrangements. There shall be in effect (a) arrangements reasonably satisfactory to Purchaser pursuant to which Purchaser shall be the operator of the entire Colstrip generating facility for a period of at least ten (10) years after the Closing, subject only to removal for cause or (b) such other arrangements with respect to the operation of the Colstrip generating facility as are reasonably acceptable to Purchaser.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Pp&l Inc), Asset Purchase Agreement (Pp&l Resources Inc), Asset Purchase Agreement (Pp&l Resources Inc)

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