Significant Facility definition
Examples of Significant Facility in a sentence
If the applicable AMI Acquisition includes both a Regional Significant Facility and other Mutual Interest Lands, the Initiating Party shall provide an estimated value for each of the Regional Significant Facility and the other Mutual Interest Lands.
If a particular AMI Acquisition to which an AMI Notice pertains includes both a Regional Significant Facility and other Area of Mutual Interest lands, the Other Party may make separate elections for each of the Regional Significant Facility and those other Area of Mutual Interest lands.
Failure to make an election, by notice, within that time period shall be deemed to be an election by the Other Party to participate in that AMI Acquisition for its Participating Interest, provided that such election will be an election not to participate insofar as the election relates to a Regional Significant Facility.