Capital Additions to Project. The parties understand and acknowledge that certain capital additions to the Project may be necessary to enable the Project to transmit power for an Additional Participant or its Associated Producer. The parties agree that, notwithstanding any other provision of this Agreement, IID may at its option require any Additional Participant to pay for any capital additions to the Project which are necessary to transmit the electric power to be generated by such Additional Participant or its Associated Producer. The obligation of such Additional Participant to pay for such capital additions shall not alter or affect in any way its obligation under this Article VIII or the other provisions of this Agreement, nor shall the Participants which are then parties to this Agreement be required to pay any portion of the cost of such capital additions as a consequence of the transmission of electric power within their Capacity Nominations.
Appears in 4 contracts
Samples: Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.)
