Common use of Obligation of a Party to Fund Clause in Contracts

Obligation of a Party to Fund. Each Party agrees to fund its allocated share of Northern Tier’s budget so long as the budget is established, amended and allocated according to Section 5. In addition, each Party agrees to fund and maintain its allocated share of the Minimum Cash Balance as established by Section 6.1.

Appears in 6 contracts

Samples: Funding Agreement, Funding Agreement, Northern Tier Transmission Group Funding Agreement

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