Common use of New Investment Costs Clause in Contracts

New Investment Costs. Owner shall pay to Operator all costs incurred by Operator relating to New Investment Services for the Generation Facilities, including obligations incurred to third parties, direct costs of Operator associated with such New Investment Services and the Generation Facilities' allocated share of Operator's other costs associated with such activities. Allocation of costs to New Investment Services shall be performed in accordance with the methodology agreed-upon from time to time by Owner and Operator pursuant to Section 4.1 hereof.

Appears in 5 contracts

Samples: Operating Agreement (Gulf Power Co), Operating Agreement (Gulf Power Co), Operating Agreement (Southern Power Co)

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