Common use of Payment for Capital Improvements Clause in Contracts

Payment for Capital Improvements. The actual cost of Capital Improvements shall be the sole responsibility of Owner. Operator shall not incur any expenditure in relation to any Capital Improvements without the prior written consent of Owner.

Appears in 3 contracts

Sources: Operation and Maintenance Agreement (Cogen Technologies Inc), Operation and Maintenance Agreement (East Coast Power LLC), Operation and Maintenance Agreement (Cogen Technologies Inc)

Payment for Capital Improvements. The actual cost of Capital -------------------------------- Improvements shall be the sole responsibility of Owner. Operator shall not incur any expenditure in relation to any Capital Improvements without the prior written consent of Owner.

Appears in 1 contract

Sources: Operation and Maintenance Agreement (Cogen Technologies Inc)