ENTITLEMENT SHARE. 17 4.1. Initial Entitlement Share 17 4.2. Change of Entitlement Share 17 4.3. Reduction of Entitlement Share to Zero 17
ENTITLEMENT SHARE. The percentage entitlement of each Participant in a Project Element as set forth in Exhibit A herein, as the same may be amended or supplemented from time to time.
ENTITLEMENT SHARE. The percentage of undivided ownership of each Participant in the Project as follows:
A. Basin Electric = 42.27 percent B. Tri-State = 28.50 percent
C. Western Minnesota = 16.47 percent D. L.E.S. = 12.76 percent” Without further amendment or change, all Project Agreements shall be construed and the terms thereof applied in a manner consistent with the foregoing change of Parties and Entitlement Shares.
ENTITLEMENT SHARE. The percentage of undivided ownership of each Participant in the Project as follows:
A. Basin Electric = 42.27 percent B. Tri-State = 24.13 percent C. L.E.S. = 13.33 percent D. Heartland = 11.67 percent E. Western Minnesota = 7.60 percent F. Wyoming Board = 1.00 percent ” Without further amendment or change, all Project Agreements shall be construed and the terms thereof applied in a manner consistent with the foregoing change of parties and Entitlement Shares.
Section 3. The Corporation shall no longer be a party to the Participation Agreement or any other Project Agreement.
Section 4. The words “Missouri Basin Municipal Power Authority” in Section C-2.1 of Exhibit C of the Participation Agreement (at lines 3 and 4, page 72) shall be amended to read “Western Minnesota Municipal Power Agency”.
ENTITLEMENT SHARE. The percentage of undivided ownership of each Participant in the Project as follows:
A. Basin Electric = 42.27 percent B. Tri-State = 24.13 percent C. LES = 13.13 percent D. Heartland = 11.87 percent E. Western Minnesota = 7.60 percent F. Wyoming Board = 1.00 percent ”
Section 2. For purposes of the Laramie River Station Participation Power Sales Agreement between the City of Lincoln and Basin Electric Power Cooperative, the Participants hereby recognize the purchase by Basin Electric of 15.8% of LES’s Entitlement Share on a participation basis and agree that such purchase, including the option to transfer such Entitlement to Basin Electric, has been accomplished in accordance with Section 16 of the Participation Agreement, and that no additional notice or Right of First Refusal must be given by any of the Participants to effectuate such transfer to Basin Electric.
Section 3. This Amendment shall become effective May 1, 1982.
ENTITLEMENT SHARE. The percentage of undivided ownership of each Participant in the Project as follows:
A. Basin Electric = 42.27 percent B. Tri-State = 24.13 percent C. Corporation = 16.47 percent D. L.E.S. = 13.33 percent
ENTITLEMENT SHARE. The percentage of undivided ownership of each Participant in the Project as follows:
ENTITLEMENT SHARE. The percentage entitlement of each Project Participant to the Project and Facility Products in any Power Supply Year, as set forth in Appendix B of each of the Power Sales Agreements (entitled “Schedule of Project Participants Entitlement Shares and Project Cost Shares”) attributable to each such Project Participant, as amended from time to time so long as such amendments are in compliance with the Power Sales Agreements and any applicable provisions of the Indenture. Revisions to Appendix B pursuant to Section 15 herein shall be considered an element of the administration of this Power Sales Agreement and shall not require the consent of the Parties hereto.
ENTITLEMENT SHARE. The percentage ownership interest of each Participant in units one, two and three of ANPP at the time of execution of this Agreement. Each Participant’s generation entitlement share as of the effective date of this Agreement is as follows:
4.22.1 Arizona = 29.10 %
4.22.2 Salt River Project = 29.1%
4.22.3 PNM = 10.2%
4.22.4 El Paso = 15.8%
ENTITLEMENT SHARE