Joint Undertaking. Hydro and Split Lake Cree may, but shall not be obliged to, undertake Remedial Works for their mutual benefit as a joint undertaking, provided that to the extent funding for such Remedial Works is to be derived from the Remedial Works and Measures Account, the process and procedures in this Agreement and in the Indenture related to Trustee approvals, the O & M Reserve and the Asset Replacement Reserve, must be followed.
Appears in 2 contracts
Sources: Split Lake Agreement, Settlement Agreement