Common use of EXTRAORDINARY CAPITAL EXPENDITURES Clause in Contracts

EXTRAORDINARY CAPITAL EXPENDITURES. (a) In the event Owner determines that any Extraordinary CapEx is required, Owner shall promptly notify the Management Committee and deliver to it information relating to the cost and expected scope and nature of the Extraordinary CapEx, including any expected outages and overhauls of the Northern Pass Transmission Line associated therewith (the "Extraordinary CapEx Plan"). At the request of Purchaser’s Manager, Owner shall provide the Management Committee with access to, and copies of, all reasonably requested documentation concerning such Extraordinary CapEx Plan.

Appears in 2 contracts

Samples: Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire)

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EXTRAORDINARY CAPITAL EXPENDITURES. (a) In the event Owner determines that any Extraordinary CapEx is required, Owner shall promptly notify the Management Committee and deliver to it information relating to the cost and expected scope and nature of the Extraordinary CapEx, including any expected outages and overhauls of the Northern Pass Transmission Line associated therewith (the "Extraordinary CapEx Plan"). At the request of Purchaser’s Manager, Owner shall provide the Management Committee with access to, and copies of, all reasonably requested documentation concerning such Extraordinary CapEx Plan.

Appears in 1 contract

Samples: Guaranty Agreement (Nstar/Ma)

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EXTRAORDINARY CAPITAL EXPENDITURES. (a) In the event Owner determines that any Extraordinary CapEx is required, Owner shall promptly notify the Management Committee and deliver to it information relating to the cost and expected scope and nature of the Extraordinary CapEx, including any expected outages and overhauls of the Northern Pass Transmission Line associated therewith (the "Extraordinary CapEx Plan"). At the request of Purchaser’s 's Manager, Owner shall provide the Management Committee with access to, and copies of, all reasonably requested documentation concerning such Extraordinary CapEx Plan.

Appears in 1 contract

Samples: Guaranty Agreement (Public Service Co of New Hampshire)

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