Common use of Un-reticulated Townships Clause in Contracts

Un-reticulated Townships. AGN’s policy for extensions to un-reticulated townships where the extension was not included in the calculation of the Reference Tariffs or the subject of a competitive tender is as follows: a Any proposal to reticulate a township, or request to AGN to consider reticulation of a township, will undergo an initial feasibility assessment. b If the feasibility assessment indicates that the extension may be economic, AGN will conduct further investigation that may include proposals for the regulatory treatment of the extension project. c AGN may approach the Regulator with details of the proposed extension with a view to agreeing on the regulatory treatment of the extension project. d Where the agreed regulatory treatment is that the extension is, if it proceeds, to be covered by this Access Arrangement: i AGN will be permitted to recover the Net Financing Costs incurred during the Access Arrangement Period in which the extension is commenced in Reference Tariffs to take effect in subsequent Access Arrangement Periods; ii The Capital Base for the Access Arrangement Period commencing immediately after the commencement of the extension will be increased by the capital expenditure that is conforming capital expenditure; iii The capital expenditure will not reduce the carry-over of cost-related efficiencies from the Access Arrangement Period in which the extension is commenced to any subsequent Access Arrangement Period; provided the extension: iv passes the Economic Feasibility Test; and v would otherwise be uneconomic for AGN if commenced prior to being included in the calculation of Reference Tariffs in future Access Arrangement Periods.

Un-reticulated Townships. AGNMultinet’sAGN’s policy for extensions to un-reticulated townships where the extension was not included in the calculation of the Reference Tariffs or the subject of a competitive tender is as follows: a Any proposal to reticulate a township, or request to AGN MultinetAGN to consider reticulation of a township, will undergo an initial feasibility assessment. b If the feasibility assessment indicates that the extension may be economic, AGN MultinetAGN will conduct further investigation that may include proposals for the regulatory treatment of the extension project. c AGN MultinetAGN may approach the Regulator with details of the proposed extension with a view to agreeing on the regulatory treatment of the extension project. d Where the agreed regulatory treatment is that the extension is, if it proceeds, to be covered by this Access Arrangement: i AGN MultinetAGN will be permitted to recover the Net Financing Costs incurred during the Access Arrangement Period in which the extension is commenced in Reference Tariffs to take effect in subsequent Access Arrangement Periods; ii The Capital Base for the Access Arrangement Period commencing immediately after the commencement of the extension will be increased by the capital expenditure that is conforming capital expenditure; iii The capital expenditure will not reduce the carry-over of cost-related efficiencies from the Access Arrangement Period in which the extension is commenced to any subsequent Access Arrangement Period; provided the extension: iv passes the Economic Feasibility Test; and v would otherwise be uneconomic for AGN MultinetAGN if commenced prior to being included in the calculation of Reference Tariffs in future Access Arrangement Periods.