Period of Recovery. Company shall not be obligated to compensate any Lender for any costs or additional amounts with respect to which such Lender may request compensation pursuant to this subsection 2.7 or subsection 3.6 to the extent such costs have accrued, or have been incurred, prior to 180 days prior to the date on which such Lender demands compensation therefor hereunder.
Period of Recovery. Unless another period is approved by the NYPSC or LIPA’s Board of Trustees, as appropriate, the period of recovery for an Approved Transmission Project that is completed shall commence on the in-service date of the Approved Transmission Project (provided the Transmission Owner shall recover its cost of financing construction—the Allowance for Funds Used During Construction or “AFUDC”) until the end of the useful life of the Approved Transmission Project. Recovery of Approved Transmission Project costs during construction— referred to as the Construction Work in Progress incentive or “CWIP” —shall be recoverable under this Agreement only if approved by the NYPSC. Costs of Approved Transmission Projects that are abandoned for reasons beyond the control of the Transmission Owner shall be recovered commencing on the date of abandonment.
Period of Recovery. Company shall not be obligated to compensate any Lender for any costs or additional amounts with respect to which such Lender may request compensation pursuant to this subsection 2.7 to the extent such costs have accrued, or have been incurred, prior to 180 days prior to the date on which such Lender demands compensation therefor hereunder.
Period of Recovery. The length of time for which loss may be claimed by a Covered Party:
