Examples of Capital Additions in a sentence
If Capital Additions are required in order to benefit the Participating TO, or because of damage caused by negligence or willful misconduct of the Participating TO, then the Interconnection Customer will not bear cost responsibility for such Capital Additions, and no adjustment will be made to the Interconnection Facilities Cost, and no Capital Additions Cost or One-Time Cost will be charged to the Interconnection Customer for such Capital Additions.
In addition to the Control Agency requirements, WMA, MWA or MMA, at their sole discretion, shall identify Capital Additions necessary for the proper operation of the Intermunicipal Facilities on a continual basis.
Upon WMA’s completion and approval of any design for Capital Additions of any Intermunicipal Facilities, if applicable, WMA shall advise MWA and/or MMA of the updated anticipated total cost of the Capital Addition, MWA’s and/or MMA’s Proportionate Share, and the scheduling and financial arrangements applicable to such Capital Addition.
All costs determined by the Participating TO to be associated with the installation of the Participating TO’s Interconnection Facilities or Capital Additions which are not capitalized.
The Participants shall share the Project Costs associated with all Capital Additions deemed necessary by the WMA for the Intermunicipal Facilities proportionally on the basis of the Allocated Flows, as identified in Articles 2 and 7 of this Agreement, of each Participant in the Intermunicipal Facility subject to the Capital Addition.