Common use of Revenue-Funded Capital Additions Clause in Contracts

Revenue-Funded Capital Additions. The Water Enterprise will be assigned 100 percent of capital expenditures from revenues for New Hetch Hetchy Enterprise assets that are Water-Only and the Water-Related portion (45 percent) of such expenditures for new Hetch Hetchy Enterprise Joint assets. The provisions of Section 5.04.B apply to the payment of New revenue-funded Hetch Hetchy Enterprise assets.

Appears in 5 contracts

Samples: Water Supply Agreement, Water Supply Agreement, Water Supply Agreement (California Water Service Group)

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