Common use of Estimated Wind-Down Costs Clause in Contracts

Estimated Wind-Down Costs. (a) Beginning on the date on which the first Annual Plan and Operating Budget is delivered to the Management Committee under Section 6.3 and thereafter concurrently with the delivery of every third (3rd) Annual Plan and Operating Budget subsequently delivered to the Management Committee under Section 6.3, Owner shall prepare and submit to Purchaser an estimate of the Estimated Wind-Down Costs as of the upcoming Redetermination Date. Owner shall provide Purchaser with access to, and copies of, all reasonably requested documentation concerning the Estimated Wind-Down Costs. (b) If Purchaser believes that the Estimated Wind-Down Costs are incorrect or inconsistent with the standard set forth in the definition thereof, then Purchaser shall have the right to submit the matter to the Management Committee for resolution solely for the purpose of redetermining the Determined Cap during the Operation Phase, as contemplated by Section 17.1.1(d). If an Impasse occurs with respect to such matter, then the matter shall be resolved in accordance with Section 18.1(b) solely for the purpose of redetermining the Determined Cap during the Operation Phase, as contemplated by Section 17.1.1(d).

Estimated Wind-Down Costs. (a) Beginning on the date on which the first Annual Plan Construction Budget and Operating Budget Schedule is delivered to the Management Committee under Section 6.3 5.2.2 and on an annual basis thereafter concurrently with the delivery of every third fourth (3rd4th) Annual Plan Construction Budget and Operating Budget Schedule subsequently delivered to the Management Committee under Section 6.35.2.2, Owner shall prepare and submit to Purchaser an estimate of the Estimated Wind-Down Costs as of the upcoming Redetermination DateDate associated with such Construction Budget and Schedule. Owner shall provide Purchaser with access to, and copies of, all reasonably requested documentation concerning the Estimated Wind-Down Costs. (b) If Purchaser believes that the Estimated Wind-Down Costs are incorrect or inconsistent with the standard set forth in the definition thereof, then Purchaser shall have the right to submit the matter to the Management Committee for resolution solely for the purpose of redetermining the Determined Cap during the Operation Construction Phase, as contemplated by Section 17.1.1(d). If an Impasse occurs with respect to such matter, then the matter shall be resolved in accordance with Section 18.1(b) solely for the purpose of redetermining the Determined Cap during the Operation Construction Phase, as contemplated by Section 17.1.1(d)) .

Estimated Wind-Down Costs. (a) Beginning on the date on which the first Annual Plan Construction Budget and Operating Budget Schedule is delivered to the Management Committee under Section 6.3 5.2.2 and on an annual basis thereafter concurrently with the delivery of every third fourth (3rd4th) Annual Plan Construction Budget and Operating Budget Schedule subsequently delivered to the Management Committee under Section 6.35.2.2, Owner shall prepare and submit to Purchaser an estimate of the Estimated Wind-Down Costs as of the upcoming Redetermination DateDate associated with such Construction Budget and Schedule. Owner shall provide Purchaser with access to, and copies of, all reasonably requested documentation concerning the Estimated Wind-Down Costs. (b) If Purchaser believes that the Estimated Wind-Down Costs are incorrect or inconsistent with the standard set forth in the definition thereof, then Purchaser shall have the right to submit the matter to the Management Committee for resolution solely for the purpose of redetermining the Determined Cap during the Operation Construction Phase, as contemplated by Section 17.1.1(d). If an Impasse occurs with respect to such matter, then the matter shall be resolved in accordance with Section 18.1(b) solely for the purpose of redetermining the Determined Cap during the Operation Construction Phase, as contemplated by Section 17.1.1(d).