Operability. The Acquired Assets constitute all of the material assets necessary for the operation of the Facility in the manner in which it has been operated during the 12-month period prior to the Effective Date, and, except as disclosed in Schedule 3.22, said Acquired Assets are currently in a condition sufficient to operate the Facility at full licensed thermal power operation.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Connecticut Light & Power Co), Purchase and Sale Agreement (New England Power Co)
Operability. The Acquired Assets constitute all of the material assets necessary for the operation of the Facility in the manner in which it has been operated during the 12-month period prior to the Effective Date, and, except as disclosed in Schedule SCHEDULE 3.22, said Acquired Assets are currently in a condition sufficient to operate the Facility at full licensed thermal power operation.
Appears in 1 contract
Operability. The Acquired Assets constitute all of the material ----------- assets necessary for the operation of the Facility in the manner in which it has been operated during the 12-month period prior to the Effective Date, and, except as disclosed in Schedule 3.22, said Acquired Assets are currently in a ------------- condition sufficient to operate the Facility at full licensed thermal power operation.
Appears in 1 contract