Obligation for Deferred Expenses. NEPOOL may provide for the deferral on the books of the Participants from time to time of capital or other expenditures, and the recovery of the deferred expenses in subsequent periods. Any Entity which becomes a Participant during the recovery period for any such deferred expenses shall be obligated, together with the continuing Participants, for its share of the current and deferred expenses pursuant to Section 19.2.
Appears in 3 contracts
Samples: Service Agreement (North Atlantic Energy Corp /Nh), Power Pool Agreement (North Atlantic Energy Corp /Nh), Agreement (North Atlantic Energy Corp /Nh)
Obligation for Deferred Expenses. NEPOOL may provide for the deferral on the books of the Participants -------------------------------- from time to time of capital or other expenditures, and the recovery of the deferred expenses in subsequent periods. Any Entity which becomes a Participant during the recovery period for any such deferred expenses shall be obligated, together with the continuing Participants, for its share of the current and deferred expenses pursuant to Section 19.2.
Appears in 1 contract
Obligation for Deferred Expenses. NEPOOL may provide for the deferral on the books of the Participants from time to time of capital or other expenditures, and the recovery of the deferred expenses in subsequent periods. Any Entity which becomes a Participant during the recovery period for any such deferred expenses shall be obligated, together with the continuing Participants, for its share of the current and deferred expenses pursuant to Section 19.2.. 3.5
Appears in 1 contract
Samples: England Power Pool Agreement (North Atlantic Energy Corp /Nh)