Other Cost Increases Clause Samples
Other Cost Increases. In the event that SWEPI reasonably believes that CEFS’ costs for the Initial Build of either Gathering System, any Expansion Capacity or Additional Services may be materially in excess of the respective Maximum Guaranty provided pursuant to Sections 3.a., 3.b., or 3.c hereof, then SWEPI may request, and Guarantor hereby agrees, to negotiate in good faith an increase in the respective Maximum Guaranty to provide a revised Maximum Guaranty which revised Maximum Guaranty would approximate the anticipated cost of the respective construction project (i.e., the Initial Build, the Expansion Capacity, the Additional Services, respectively); provided, however, unless mutually agreed between Guarantor and SWEPI, Guarantor shall not be obligated to increase the Maximum Guaranty.
Other Cost Increases. In the event that EnCana reasonably believes that CEFS’ costs for the Initial Build or any Expansion Capacity or Additional Services may be materially in excess of the respective Maximum Guaranty provided pursuant to sections 2.a, 2.b, or 2.c, then EnCana may request, and Guarantor hereby agrees, to negotiate in good faith an increase in the respective Maximum Guaranty to provide a revised Maximum Guaranty which revised Maximum Guaranty would approximate the anticipated cost of the respective construction project (i.e., the Initial Build, the Expansion Capacity, the Additional Services, respectively); provided, however, unless mutually agreed between Guarantor and EnCana, Guarantor shall not be obligated to increase the Maximum Guaranty.