Common use of STRATEGIC PLAN Clause in Contracts

STRATEGIC PLAN. A Strategic Plan for each Generating Facility shall be submitted to Owner by Operator no later than July 1 of each year. Owner may separately approve or disapprove individual projects which are classified as planned improvement projects pursuant to Paragraph (d) below, but shall otherwise approve or disapprove each Strategic Plan in its entirety. Strategic Plans may cover one or more Generation Facilities. Each Strategic Plan shall identify key assumptions to be used in the preparation of budgets and forecasts, including:

Appears in 5 contracts

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

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