Common use of CAPITAL PROGRAM Clause in Contracts

CAPITAL PROGRAM. The Capital Improvement Plan Requirement, exclusive of the cost of any Remedial Capital Projects and any Remedial Capital Project Amounts, includes sufficient moneys to satisfy all obligations owned by the Seller under developer agreements assumed by the Buyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Allete Inc)

CAPITAL PROGRAM. The Capital Improvement Plan Requirement, exclusive of the cost of any Remedial Capital Projects and any Remedial Capital Project Amounts, Requirement includes sufficient moneys to satisfy all obligations owned owed by the Seller under developer agreements assumed by the Buyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Allete Inc)