Common use of The Oregon Klamath Trust Accounts Clause in Contracts

The Oregon Klamath Trust Accounts. A. In accordance with the Oregon Surcharge Act, the Oregon PUC will establish two interest-bearing accounts where funds collected by PacifiCorp pursuant to the Oregon Klamath Surcharges shall be deposited until needed for Facilities Removal purposes. The Oregon X.X. Xxxxx Dam Account shall be established to hold funds collected pursuant to the Oregon X.X. Xxxxx Dam Surcharge. The Oregon Copco I and II/Iron Gate Dams Account shall be established to hold funds collected pursuant to the Oregon Copco I and II/Iron Gate Dams Surcharge. The Oregon X.X. Xxxxx Dam Account and the Oregon Copco I and II/Iron Gate Dams Account may be referred to together as the “Oregon Klamath Trust Accounts.”