Common use of Joint Use Clause in Contracts

Joint Use. A specific Transmission Line Land Right shall be classified as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the Circuit.

Appears in 1 contract

Samples: Asset Contribution Agreement (Wisconsin Public Service Corp)

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Joint Use. A specific Transmission Line Land Right shall be ---------- classified as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which one or more Transmission Lines and one or more Distribution Lines are located on the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the CircuitRight.

Appears in 1 contract

Samples: Asset Contribution Agreement (Alliant Energy Corp)

Joint Use. A specific Transmission Line Land Right shall be ---------- classified as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the Circuit.

Appears in 1 contract

Samples: Asset Contribution Agreement (Alliant Energy Corp)

Joint Use. A specific Transmission Line Land Right shall be classified --------- as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which one or more Transmission Lines and one or more Distribution Lines are located on the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the CircuitRight.

Appears in 1 contract

Samples: Asset Contribution Agreement (Wisconsin Power & Light Co)

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Joint Use. A specific Transmission Line Land Right shall be classified --------- as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the Circuit.

Appears in 1 contract

Samples: Asset Contribution Agreement (Wisconsin Power & Light Co)

Joint Use. A specific Transmission Line Land Right shall be classified as "Joint Use" if, as of the Closing Date and assuming the completion of construction of all Intended Distribution Facilities, the Circuit of which one or more Transmission Lines and one or more Distribution Lines are located on the Transmission Line Land Right is a component is used for Distribution on more than 25% of the length of the CircuitRight.

Appears in 1 contract

Samples: Asset Contribution Agreement (Wisconsin Public Service Corp)

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