Final Ownership Interests in CB4 Transmission Sample Clauses

Final Ownership Interests in CB4 Transmission. Final Ownership Interests represent the Owners’ interests in CB4 Transmission that became effective upon commencement of operations of CB4 Transmission, except as provided in Section 3.03 below, and reflect a transfer of ownership in CB4 Transmission from MidAmerican and CIPCO equivalent to an 8 MWs share, or a 1.01% interest based on a CBEC Unit 4 rating of 790 MWs, which became effective at the time of commencement of CB4 Transmission operations. Allocation of the original construction costs of CB4 Transmission was unaffected by this transfer, and continued in accordance with Section 3.01. Since commencement of CB4 Transmission operations, the Owners have owned CB4 Transmission as tenants in common with undivided Ownership Interests in the whole, and each and every item of the component and associated parts, including those facilities to which special allocations have been applied per Section 3.03 (a), -(b), -(c) and –(d) below. Operation and maintenance and post-original construction costs associated with CB4 Transmission Facilities not listed in Section 3.03 have been shared among the Owners in accordance with the following Final Ownership Interests, which reflect the sale by Pella of its interest in CB4 transmission to other Owners in 2011. Owner Ownership Interest MidAmerican Energy Company 60.775% City of Lincoln, Nebraska 12.660% Central Iowa Power Cooperative 9.010% Municipal Energy Agency of Nebraska 6.803% Corn Belt Power Cooperative 5.330% City of Cedar Falls, Iowa 2.058% City of Spencer, Iowa 1.090% City of Xxxxxxxx, Iowa 0.530% City of New Hampton, Iowa 0.540% City of Montezuma, Iowa 0.408% City of Waverly, Iowa 0.400% City of Alta, Iowa 0.132% City of Xxxxxx, Iowa 0.132% City of West Bend, Iowa 0.132% Total 100.000% The Owners shall have scheduling rights over CB4 transmission facilities in accordance with their Final Ownership Interests, either as shown above in this Section 3.02 or in the applicable exhibit referenced in Section 3.03 below, as appropriate.
Sample 1
AutoNDA by SimpleDocs
Final Ownership Interests in CB4 Transmission. Final Ownership I nterests represent the Owners’ interests in CB4 Transmission that became effective upon commencement of operations of CB4 Transmission, eExcept as provided in Section 3.03 below, Final Ownership Interests represent the Owners’ interests in CB4 Transmission effective upon commencement of operations of CB4 Transmission, and reflect a transfer of ownership in CB4 Transmission from MidAmerican and CIPCO equivalent to an 8 MWs share, or a 1.01% interest based on a of CBEC Unit 4 rating of 790 MWs, which became from MidAmerican to CIPCO. The amount of capacity in CB4 Transmission facilities to be transferred from MidAmerican to CIPCO shall be based on the ratio of 8 MW to an assumed CBEC Unit 4 rating of 790 MWs, or
Sample 1

Related to Final Ownership Interests in CB4 Transmission

  • Exempt Beneficial Owners other than Funds The following Entities shall be treated as Non-Reporting Finnish Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

  • Ownership Interest 26 Pass-Through Rate.......................................................................................26

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • Investment Entity Wholly Owned by Exempt Beneficial Owners An Entity that is a Jersey Financial Institution solely because it is an Investment Entity, provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, and each direct holder of a debt interest in such Entity is either a Depository Institution (with respect to a loan made to such Entity) or an exempt beneficial owner.

  • Ownership & License You agree that Credit Union retains all ownership and proprietary rights in the Services, associated content, technology, and website(s). Your use of the Services is subject to and conditioned upon your complete compliance with this Agreement. Without limiting the effect of the foregoing, any breach of this Agreement immediately terminates your right to use the Services. Without limiting the restriction of the foregoing, you may not use the Services (i) in any anti-competitive manner, (ii) for any purpose which would be contrary to Credit Union’s business interest, or (iii) to Credit Union’s actual or potential economic disadvantage in any aspect. You may use the Services only for non-business, personal use in accordance with this Agreement. You may not copy, reproduce, distribute or create derivative works from the content and agree not to reverse engineer or reverse compile any of the technology used to provide the Services.

  • INTERESTS OF DIRECTORS AND CONTROLLING SHAREHOLDERS Save for their respective shareholdings in the Company and as disclosed, none of the Directors or controlling shareholders of the Company or their respective associates has any direct or indirect interest in the Shareholder’s Loan.

  • Ownership Rights Nothing contained in this Agreement shall be construed as (a) establishing or granting to Registry Operator any property ownership rights or interests of Registry Operator in the TLD or the letters, words, symbols or other characters making up the TLD string, or (b) affecting any existing intellectual property or ownership rights of Registry Operator.

  • Special Permit from Relevant Ministerial/ Government Agencies and Foreign Capital Ownership Limitation Raw Material for Explosives (Ammonium Nitrate) with maximum foreign equity ownership of 49% and a special permit from the Minister of Defense (ISIC 2411) Industry of explosive materials and its components for industry need with maximum foreign equity ownership of 49% and a special permit from the Minister of Defense (ISIC 2429) Sugar Industry (Xxxxx Xxxxxxx Sugar, Refined Crystal Sugar and Raw Crystal Sugar) with maximum foreign equity ownership of 95% and a special permit from the Minister of Industry and the Minister of Agriculture, and it has to be integrated with the sugar plantation. The manufacturing of raw crystal sugar is required for any sugar manufacturer with sugarcane input capacity exceeding 8000 tons per day (ISIC 1542) Processing of plantation product industry (similar capacity or exceeding a certain capacity, according to Regulation of Minister of Agriculture Number 26 of 2007 with maximum foreign capital ownership of 95% with a special permit from Minister of Agriculture. - Fiber and Seed Cotton Industry (ISIC1514, 1711) - Crude oil industry (edible oil) from vegetable and animal, coconut oil industry, palm oil industry, rubber to be sheet, thick latex, crumb rubber industry, raw castor oil industry, sugar, sugar cane and sugar cane residue industry, black tea/green tea industry, dry tobacco leaves industry, Copra, Fiber, Coconut Charcoal, Dust, Nata de coco industry, Coffee sorting, cleaning and peeling industry, Cocoa cleaning, peeling and drying industry, cleaning and peeling seed other than coffee and cacao industry, cashew to be dry seed cashew and Cashew Nut Shell Liquid (CNSL) Industry, Peppercorn to be dry white pepper and dry black pepper industry (ISIC 1514, 2429, 1542, 1549, 1600, 2519, 1531)

  • CONTROL; OWNERSHIP; LEGAL PROCEEDINGS The Applicant shall immediately notify the District and Comptroller’s office in writing of any actual or anticipated change in the control or ownership of the Applicant and of any legal or administrative investigations or proceedings initiated against the Applicant related to the project regardless of the jurisdiction from which such proceedings originate.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

Time is Money Join Law Insider Premium to draft better contracts faster.