Excess Allowances Sample Clauses
Excess Allowances. A Lessee/Owner Party may direct the Operating Agent at any time to transfer allowances from a given year’s subaccount within the Unit’s allowance account to an account designated by such Lessee/Owner Party to the extent that such Party’s Allowance Allocation for such year exceeds 110% of its Annual Allowance Contribution for such year determined pursuant to this Article XII.
Excess Allowances. An Owner may direct the Operator at any time to file a request with applicable governmental agencies to transfer Allowances from a given year’s subaccount within Unit 2’s Allowance account to an account designated by such Owner. Notwithstanding the foregoing, however, there shall be no obligation on the part of the Operator to file a request for transfer if such transfer will result in the failure of Unit 2 to meet its Allowance requirements.