Common use of Article 2 Clause in Contracts

Article 2. 4.4: The second and third sentences of Article 2.4.4 are hereby deleted, and replaced with the following: “For purposes of the immediately preceding sentence only, unless the Owners agree otherwise, if both Owners elect to participate in a Capital Improvement, the anticipated use by each of them of such Capital Improvement shall be in accordance with their respective ownership interests or Capacity Rights then existing in the Shared Facility to which the Capital Improvement relates, based on the nature of the Capital Improvement, and determined in accordance with Schedule X attached to this Amendment No.2.”

Appears in 1 contract

Samples: And Operating Agreement (Polymer Holdings LLC)

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