Contribution in Aid of Construction. Central Xxxxxx shall also reimburse Con Edison for any and all liability and expense resulting under Federal tax law if the reimbursements under Section 3.06(a) or the conveyance of title under Section 3.02(c) are deemed to be a Contribution In Aid of Construction pursuant to U.S. Internal Revenue Service Notices 88-129 and 90-60 (and any future applicable U.S. Internal Revenue Service Notices). Central Xxxxxx'x liability pursuant to this Section 3.06(b) shall be calculated in accordance with the provisions of Section 5.15.4 of the Attachment X of the ISO Tariff. Central Xxxxxx shall be entitled to (i) contest any liability for taxes under this Section 3.05(b) in accordance with the provisions of Section 5.15.7 and 5.15.9 of the ISO Tariff, as applicable, and (ii) any refund of taxes previously paid by Central Xxxxxx under this Section 3.06(b) in accordance with the provisions of Section 5.17.8 of the Tariff.
Contribution in Aid of Construction. For payment amounts or for the value of the facilities constructed and turned over to the receiving Party that are classified as contributions in-aid of construction (“CIAC”), and in the event and to the extent such CIAC payment amounts (“CIAC Payment”) are classified as taxable income by the receiving Party or if the receiving Party is tax exempt, receipt of such CIAC Payment causes said Party to become taxable, such CIAC Payment shall be increased (or “grossed-up”) to fully cover the receiving Party’s net tax consequences arising from the CIAC Payment. If at the time of invoicing the receiving Party made a good faith determination that the CIAC Payment would not be classified as taxable income but federal or state income taxes are subsequently imposed upon the receiving Party by the Internal Revenue Service (“IRS”) and/or a state department of revenue (“State”) arising from the receipt of such CIAC Payment, the Party that originally made the CIAC Payment shall reimburse the receiving Party for the full tax effect of such CIAC Payment computed in accordance with FERC rules and including any interest and penalty charged to the receiving Party by the IRS and/or the State.
Contribution in Aid of Construction. In connection with each Purchase Agreement and in accordance with the applicable Orders of the MPSC, Customer shall pay to Company a contribution in aid of construction (“CIAC”) for the cost of installing Equipment (as defined in the applicable Purchase Agreement) and recovery of costs associated with the removal of existing equipment, if any. The amount of the CIAC (the “CIAC Amount”) shall be an amount equal to the total construction cost (including all labor, materials and overhead charges), less an amount less than or equal to three (3) years’ revenue expected from such Equipment, and less an amount equal to the Post Charge revenue if selected by Customer. The CIAC Amount will be as set forth on the applicable Purchase Agreement. The CIAC Amount does not include charges for any additional cost or expense for unforeseen underground objects, or unusual conditions encountered in the construction and installation of Equipment. If Company encounters any such unforeseen or unusual conditions, which would increase the CIAC Amount, it will suspend the construction and installation of Equipment and give notice of such conditions to the Customer. The Customer will either pay additional costs or modify the work to be performed. If the work is modified, the CIAC Amount will be adjusted to account for such modification. Upon any such Rev. 09/19 suspension and/or subsequent modification of the work, the schedule for completion of the work shall also be appropriately modified.
Contribution in Aid of Construction. The Applicant may be required to make a non-refundable contribution-in-Aid-of-Construction for line extensions or facility upgrades needed to comply with this service request.
Contribution in Aid of Construction. The Parties intend that all costs paid by a Party to another Party, for the establishment, discontinuance, relocation or modification of an Interconnection Point, shall be non-taxable contributions to capital, and shall not be taxable as contributions in-aid of construction (“CIAC”). This presumption notwithstanding, in the event federal or state income taxes are imposed upon the Party with respect to such payments paid by the other Party as a CIAC by the Internal Revenue Service (“IRS”) and/or a state department of revenue (“State”), the Party paying the CIAC shall reimburse the other Party for the tax effect of such CIAC computed in accordance with FERC rules and including any interest and penalty charged to the Party by the IRS and/or State.
Contribution in Aid of Construction. Owner must provide a contribution in aid of construction (“CIAC”) for the City’s construction of the city gas supply gate and appurtenances that amounts to 33.33% of the total project cost. Prior to commencing construction of the gas service lines, City and Owner must agree to the location and routing of the gas service lines, the anticipated schedule for construction of the gas service lines, and a detailed estimated cost of construction for gas service lines (collectively, the “Service Line Plans”). City’s and Owner’s approval of the city gas supply gate and appurtenances Plans shall not be unreasonably conditioned, withheld, or delayed. Notwithstanding the foregoing, Owner may withhold approval if the proposed routing and location of the gas service line would adversely affect Owner’s or Owner’s affiliate’s development of the southwest corner of Grand Parkway (SH 99) and State Highway 000, Xxxxxxx, Xxxxx 00000 and the adjacent real property. Throughout the construction process, City will periodically notify Owner of the costs of constructing the necessary service lines to provide gas service to GRAND PARKWAY TOWN CENTER.
Contribution in Aid of Construction. (1) The Service Customer must make a contribution in aid of construction for the service connec- tion(s).
Contribution in Aid of Construction. The CONSUMER agrees to pay relevant costs necessary for the construction of lines on areas without existing distribution system especially when the said lines shall be used for exclusive and/or commercial purposes. The said payment shall be treated as CONTRIBUTION IN AID OF CONSTRUCTION (CIAC) subject to reimbursement at terms agreed upon by the CONSUMER and the Cooperative in accordance with existing Rules and Regulations. For this purpose, the CONSUMER and the Cooperative shall execute an additional and SEPARATE AGREEMENT detailing specific provisions relative thereto. (REFERENCE: SECTION 2.7 OF THE DSOAR)
Contribution in Aid of Construction. Upon execution of this Contract, Consumer shall make a non-refundable payment to cover the cost of any applicable new line construction according to BEC’s Line Extension Policy 100.9. Such costs, if applicable, are identified on an attached calculation of costs and incorporated by reference herein.
Contribution in Aid of Construction. A cash payment by Customer to Cooperative in order to prevent burdening other Customers through capital expenditures by Cooperative.
