Interest in and Cost Allocation for CB4 Transmission Common Sample Clauses

Interest in and Cost Allocation for CB4 Transmission Common. Facilities. The CB4 Transmission Common Facilities shall be owned by the Owners as tenants in common. Owners agree that, during the term of this Agreement, the CB4 Transmission Common Facilities shall be maintained, renewed and operated in accordance with Good Utility Practice so as to be adequate for the use and service of Unit 4, MidAmerican Units, MidAmerican Common Facilities, Unit 3 and Unit 3 Common Facilities, as well as any other facilities served thereby, and so that Unit 4, MidAmerican Units, MidAmerican Common Facilities, Unit 3 and Unit 3 Common Facilities may be operated to make the respective shares of the owners’ output of Units 1, 2 and 3 available to them. Monthly charges shall be allocated by Agent among all users for their respective shares of the cost of the use of CB4 Transmission Common Facilities. Such charges shall be subject to Agent’s review and revision on an annual basis. These monthly charges shall be based on the following: (a) The monthly facility charges that are applicable to the portion of the CB4 Transmission Common Facilities that are also devoted to one or more of the other CBEC units shall be allocated between the units and the owners in the same manner as specified in Section 3.05. These monthly facility charges applicable to the CB4 Transmission Common Facilities shall be determined in accordance with procedures and methods as defined in Exhibit E. (b) The operating and maintenance expenses that are applicable to the portion of the CB4 Transmission Common Facilities that are also devoted to one or more of the other CBEC units shall be allocated between the units and the owners in the same manner as specified in Section 3.05. The operating and maintenance expenses allocable to the CB4 Transmission Common Facilities shall include all applicable expenses defined in FERC Uniform System of Accounts under Transmission Expenses.
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