Common use of Initial Operations; Service Arrangements Clause in Contracts

Initial Operations; Service Arrangements. The Members intend to operate the Company initially with minimal staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates at cost in accordance with the terms of (i) in the case of Cinergy Solutions and its Affiliates, that certain Service Agreement between the Company and Cinergy Solutions or an affiliate (the “Cinergy Solutions Service Agreement”), a complete copy of which Cinergy Solutions has provided to Trigen Solutions, and (ii) in the case of Trigen Solutions and its Affiliates that certain Service Agreement between the Company and Trigen Solutions or an affiliate (the “Trigen Solutions Service Agreement”), a complete copy of which Trigen Solutions has provided to Cinergy Solutions, and collectively with the Cinergy Solutions Service Agreement, the “Service Arrangements”). Each member and any Affiliate thereof which provides services to the Company pursuant to the Service Arrangements shall permit the Company reasonable access to its accounts and records, including the basis and computation of cost allocations.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

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Initial Operations; Service Arrangements. The Members intend to operate the Company initially with minimal staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates at cost in accordance with the terms of (i) in the case of Cinergy Solutions and its Affiliates, that certain Service Agreement between the Company and Cinergy Solutions or an affiliate (the "Cinergy Solutions Service Agreement"), a complete copy of which Cinergy Solutions has provided to Trigen Solutions, and (ii) in the case of Trigen Solutions and its Affiliates that certain Service Agreement between the Company and Trigen Solutions or an affiliate (the "Trigen Solutions Service Agreement"), a complete copy of which Trigen Solutions has provided to Cinergy Solutions, and collectively with the Cinergy Solutions Service Agreement, the "Service Arrangements"). Each member and any Affiliate thereof which provides services to the Company pursuant to the Service Arrangements shall permit the Company reasonable access to its accounts and records, including the basis and computation of cost allocations.

Appears in 1 contract

Samples: Limited Liability (Cinergy Corp)

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