Common use of Continued Ownership Clause in Contracts

Continued Ownership. If this Restated Agreement is terminated subsequent to the Conveyance Date, Con Edison shall continue to own the Con Edison Equipment and shall exercise sole discretion consistent with Good Utility Practice regarding the continued operation, retirement, or other disposition of that equipment after the termination.

Appears in 5 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

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Continued Ownership. If this Restated Agreement is terminated subsequent to the Conveyance Date, Con Edison Xxxxxx shall continue to own the Con Edison Equipment and shall exercise sole discretion consistent with Good Utility Practice regarding the continued operation, retirement, or other disposition of that equipment after the termination.

Appears in 1 contract

Samples: Facilities Agreement

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