Decommissioning Costs Sample Clauses

Decommissioning Costs. (a) The Decommissioning Plan is to form part of the Development Plan, and shall include a schedule for the amortization of costs and cost recovery of costs, which are estimated to be incurred when the development is decommissioned.
AutoNDA by SimpleDocs
Decommissioning Costs. Decommissioning Costs are all direct and allocated indirect costs and expenditures incurred in carrying out Decommissioning Operations and include that portion of all service expenditures and that portion of all general and administrative expenditures directly attributable to Decommissioning Costs or allocated thereto on a consistent and equitable basis, and the Decommissioning Reserve Fund shall be determined on such basis, in advance of incurring such costs, as provided in Article 38 and, for the purposes of cost recovery, the contributions to the Decommissioning Reserve Fund shall be recovered in accordance with Article 38.
Decommissioning Costs. 25.6 Total recovery of Petroleum Costs during any Calendar Year, expressed in quantities of Petroleum, shall not exceed the relevant percentages indicated in Articles 25.3 and
Decommissioning Costs. For purposes of this Agreement, Decommissioning Costs include the costs and obligations incurred by the Decommissioning Agent in the performance of Decommissioning Work, including overhead costs of the Decommissioning Agent as provided for herein, costs of insurance, including assessments resulting from a Nuclear Incident, Decommissioning Power costs (including costs of improvements to the Plant Site, to the Edison Switchyard, Edison Facilities, San Diego Switchyard, or San Diego Facilities necessary to deliver such power), security costs, maintenance costs, and legal costs, all as approved by the Executive Committee. Decommissioning Costs do not include: (i) any expenses incurred by any Party for purposes of administering, managing, and investing monies in its Decommissioning Trust Fund(s); (ii) any expenses incurred by any Party to perform legal evaluations related to its Decommissioning Cost Share or other rights or obligations under this Agreement; (iii) costs incurred in preparing and participating in a Party’s rate-making proceeding; (iv) any other expenses incurred by a Party on its own behalf; or (v) costs properly incurred and payable under the 1987 Operating Agreement or, as applicable, the Settlement Agreement between Anaheim and Edison.
Decommissioning Costs. 22.1 The Parties have agreed to create a separate agreement to define their rights, duties, and obligations with respect to decommissioning Units 2 and 3 and sharing the costs thereof. This agreement is currently being negotiated by the Parties. In accordance with the Settlement Agreement, Anaheim’s Ownership Share in SONGS Units 2 and 3 and the SONGS Common Facilities was reduced to zero on December 29, 2006.
Decommissioning Costs. No decommission costs are foreseen.
Decommissioning Costs. The rates contained in the Settlement Rate Schedules shall be presumed conclusively to provide for recovery of all Seabrook and Millstone No. 3 decommissioning funding requirements. The purpose of this provision is to allow the Company to receive a tax deduction for its contributions to the decommissioning funds for these units. This provision will not affect revenue requirements in future rate filings made by Montaup.
AutoNDA by SimpleDocs
Decommissioning Costs. The prices set forth in this Section 8 do not include any recovery of Illinois jurisdictional decommissioning costs.
Decommissioning Costs. Notwithstanding anything to the contrary contained herein, the determination by either Viatel or Level 3 that the Useful Life has ended shall not relieve such party from the obligation to pay, and such party shall remain liable for the payment of, its pro rata share of the reasonable costs of decommissioning, retrieval and/or recovery costs of the Yellow System which may be required by applicable laws, prevailing industry standards, or as mutually agreed by the parties (net of such party's pro rata share of any salvage proceeds received in connection therewith), which obligation and liability shall survive any termination of this Agreement; provided, and notwithstanding the foregoing, Viatel shall have no liability under this Section 8B if this Agreement terminates pursuant to Sections l2D or 12E.
Decommissioning Costs. On the Effective Date, Montaup shall pay eleven percent (11%) of the amount determined in accordance with Appendix B hereto to Boston Edison for deposit into the "Decommissioning Trust" and the "Provisional Trust" as provided under Section 5.21 of the Purchase and Sale Agreement (or at Montaup's option, directly to said trusts); provided, however, the foregoing amount shall be reduced by payments made by Montaup for Decommissioning Expenses (as that term is defined in Section C-6.2.5 of the Power Sale Agreement) and associated earnings from the inception of the Power Sale Agreement to the Effective Date. To the extent any cost under this Paragraph is paid on the Effective Date on the basis of an estimate, such estimate shall be trued-up within sixty (60) days and shall be charged or credited, as the case may be, through the provisions of Paragraph 8 hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.