Property co- ownership agreement template freeJoint Ownership Agreement • January 29th, 2022 • Virginia
Contract Type FiledJanuary 29th, 2022 Jurisdictionseq. (b) No later than May 1 of each year, Dominion shall prepare and submit to the Administrative Committee the estimated Project-related capital expenses for the following calendar year, including expenses to be incurred to replace Project-related equipment and materials. (a) Unless otherwise agreed by the Parties, the Administrative Committee shall hold regular meetings no less frequently than quarterly. 5.5 Operation and Maintenance. 5.9 NERC Reliability Standards. Subject to the terms and conditions of this Agreement (including TrAILCo’s rights pursuant to Section 12.2(b)), Dominion shall operate and maintain the Transmission Line in accordance with the PJM Agreements and applicable Law. Dominion shall periodically revise any such annual plan as reasonably necessary; provided, however, that Dominion shall promptly notify TrAILCo of any such revisions. Representations by Dominion. 12.2 Exclusive Remedies. (d) Each Representative shall serve on the Administrative Committee until his