Cost Recovery of AC Upgrades. (a) The Parties acknowledge and agree that the AC Upgrades will be constructed and owned by the AC Upgrade Owners. Owner shall enter into a facilities agreement with each such AC Upgrade Owner to pay the costs to design, license, construct and operate such AC Upgrades (each, a "Facilities Agreement").
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire), Guaranty Agreement (Public Service Co of New Hampshire)
Cost Recovery of AC Upgrades. (a) The Parties acknowledge and agree that the AC Upgrades will be constructed and owned by the AC Upgrade Owners. Owner shall enter into a facilities agreement with each such AC Upgrade Owner to pay the costs to design, license, construct and operate such AC Upgrades (each, a "βFacilities Agreement"β).
Appears in 1 contract
Samples: Guaranty Agreement (Nstar/Ma)
