Common use of Emission Reduction Requirements Plan Clause in Contracts

Emission Reduction Requirements Plan. If during the term of this Agreement, the federal or provincial government imposes or announces an intention to impose mandatory emission reduction requirements or other compliance obligations associated with air emissions (including an emission cap and tradeable permit system) on Westcoast, then Westcoast will, within six months of such imposition or announcement, provide to the TTTF a detailed emission reduction or compliance obligation plan (which plan will include consideration of a compressor upgrade/replacement program) covering a minimum period of five years describing how Westcoast intends to comply with such mandatory emission reduction requirements or compliance obligations. If Xxxxxxxxx decides to proceed to implement such plan commencing during the term of this Agreement, then Westcoast will make the necessary applications to the Board (including, if necessary, an application for a deferral account to record any costs incurred by Westcoast during the term of this Agreement) and the Stakeholders will be free to take whatever positions they wish to take with respect to Westcoast’s application.

Emission Reduction Requirements Plan. If during the term of this Agreement, Agreement the federal or provincial government imposes or announces an intention to impose mandatory emission reduction requirements or other compliance obligations associated with air emissions (including an emission cap and tradeable permit system) on Westcoast, then Westcoast will, within six months of such imposition or announcement, provide to the TTTF a detailed emission reduction or compliance obligation plan (which plan will include consideration of a compressor upgrade/replacement program) covering a minimum period of five years describing how Westcoast intends to comply with such mandatory emission reduction requirements or compliance obligations. If Xxxxxxxxx decides to proceed to implement such plan commencing during the term of this Agreement, then Westcoast will make the necessary applications to the Board (including, if necessary, an application for a deferral account to record any costs incurred by Westcoast during the term of this Agreement) and the Stakeholders will be free to take whatever positions they wish to take with respect to Westcoast’s application.

Emission Reduction Requirements Plan. If during the term of this Agreement, the federal or provincial government imposes or announces an intention to impose mandatory emission reduction requirements or other compliance obligations associated with air emissions (including an emission cap and tradeable permit system) on Westcoast, then Westcoast will, within six months of such imposition or announcement, provide to the TTTF a detailed emission reduction or compliance obligation plan (which plan will include consideration of a compressor upgrade/replacement program) covering a minimum period of five years describing how Westcoast intends to comply with such mandatory emission reduction requirements or compliance obligations. If Xxxxxxxxx decides to proceed to implement such plan commencing during the term of this Agreement, then Westcoast will make the necessary applications to the Board CER (including, if necessary, an application for a deferral account to record any costs incurred by Westcoast during the term of this Agreement) and the Stakeholders will be free to take whatever positions they wish to take with respect to Westcoast’s application.