Establishment of Regulatory Asset; Recovery of Net Decommissioning Costs. (a) In the event all or a portion of the Northern Pass Transmission Line is required to be Decommissioned by Applicable Law, Owner shall establish the Regulatory Asset β Asset Retirement Obligation (Decommissioning), as defined in Attachment B. At the time Owner files this Agreement with FERC pursuant to Section 2.1(a), Owner shall also seek FERC approval or acceptance to permit Owner to establish such regulatory asset.
Appears in 4 contracts
Samples: Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire), Guaranty Agreement (Public Service Co of New Hampshire)
