Common use of Material Asset Divestitures Clause in Contracts

Material Asset Divestitures. The revenue requirement impact associated with any Zone 3 or 4 asset divestitures by Westcoast in 2018 or 2019 that have the effect of decreasing net plant in service by an aggregate amount of $5 million or more in any such year will be treated on a flow‐through basis and recorded in the Material Asset Divestiture Deferral Account for amortization in 2019 and 2020, respectively. Westcoast confirms that as of the date of this Agreement, it has no plans for any material Zone 3 or 4 asset divestitures.

Material Asset Divestitures. The revenue requirement impact associated with any Zone 3 or 4 asset divestitures by Westcoast in 2018 2008, 2009 or 2019 2010 that have the effect of decreasing net plant in service by an aggregate amount of $5 million or more in any such year will be treated on a flow‐through flow-through basis and recorded in the Material Asset Divestiture Deferral Account for amortization in 2019 2009, 2010 and 20202011, respectively. Westcoast confirms that as of the date of this Agreement, it has no plans for any material Zone 3 or 4 asset divestitures.

Material Asset Divestitures. The revenue requirement impact associated with any Zone 3 or 4 asset divestitures by Westcoast in 2018 2011, 2012 or 2019 2013 that have the effect of decreasing net plant in service by an aggregate amount of $5 million or more in any such year will be treated on a flow‐through flow-through basis and recorded in the Material Asset Divestiture Deferral Account for amortization in 2019 2011, 2012 and 20202013, respectively. Westcoast confirms that as of the date of this Agreement, Agreement it has no plans for any material Zone 3 or 4 asset divestitures.

Material Asset Divestitures. The revenue requirement impact associated with any Zone 3 or 4 asset divestitures by Westcoast in 2018 or 2019 that have the effect of decreasing net plant in service by an aggregate amount of $5 million or more in any such year will be treated on a flow‐through basis and recorded in the Material 12 Asset Divestiture Deferral Account for amortization in 2019 and 2020, respectively. Westcoast confirms that as of the date of this Agreement, it has no plans for any material Zone 3 or 4 asset divestitures.

Material Asset Divestitures. The revenue requirement impact associated with any Zone 3 or 4 asset divestitures by Westcoast in 2018 2020 or 2019 2021 that have the effect of decreasing net plant in service by an aggregate amount of $5 million or more in any such year will be treated on a flow‐through flow-through basis and recorded in the Material Asset Divestiture Deferral Account for amortization in 2019 2021 and 20202022, respectively. Westcoast confirms that as of the date of this Agreement, it has no plans for any material Zone 3 or 4 asset divestitures.