Decommissioning. Upon the decommissioning of the Initial Four Corners Plant, the Four Corners Project or any part of either facility, the final decommissioning obligations of APS as to the Initial Four Corners Plant and of the Lessees as to the Four Corners Project shall be limited to the requirements under the applicable federal environmental laws existing at the time of such decommissioning. All or any part of any such decommissioning may occur at any time during the term of either the 1960 Lease or the 1966 Lease, as applicable.
Appears in 6 contracts
Samples: Supplemental and Additional Indenture of Lease (El Paso Electric Co /Tx/), Supplemental and Additional Indenture of Lease (El Paso Electric Co /Tx/), Supplemental and Additional Indenture of Lease (PNM Resources Inc)
Decommissioning. Upon the decommissioning of the Initial Four Corners Plant, the Four Corners Project or any part of either facility, the final decommissioning obligations of APS as to the Initial lnitial Four Corners Plant and of the Lessees as to the Four Corners Project shall be limited to the requirements under the applicable federal environmental laws existing at the time of such decommissioning. All or any part of any such decommissioning may occur at any time during the term of either the 1960 Lease or the 1966 Lease, as applicable.
Appears in 1 contract
Samples: Supplemental and Additional Indenture of Lease (El Paso Electric Co /Tx/)