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2002 AGN MAR 05 I01
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2002 February 05 Agenda Packet
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2002 AGN MAR 05 I01
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121 <br />122 <br />123 <br />124 <br />125 <br />126 <br />4.4.14 All costs required to be paid to the Project Manager under the Construction <br />Management and Operating Agreement which aze applied or aze to be applied <br />thereunder to the payment of items of Project A Cost of Acquisition and <br />Construction. <br />4.4.15 All other costs financed by the issuance of Project A Bonds pwsuant to Section 13 <br />of this Agreement. <br />127 4.5 Proiect A Indenture Cost Shaze. As to any Project A Participant, the share (expressed as a <br />128 percentage) set forth in Appendix D hereof (entiUed "Schedule of Project A Participants, <br />129 Project A Generation Cost Shazes, and Project A Indentwe Cost Shazes"), as such appendix <br />130 may be amended from time to time, attributable to such Project A Participant with respect to <br />131 costs associated with the Project A Indenture. <br />132 4.6 Proiect A Monthly Power Costs. The costs payable by the Project A Participants as <br />133 described in Section 7.1 hereof. <br />134 <br />135 <br />136 <br />137 <br />138 <br />139 <br />140 <br />141 <br />142 <br />143 <br />144 <br />145 <br />146 <br />147 <br />148 <br />149 <br />150 <br />I51 <br />152 <br />153 <br />154 <br />155 <br />156 <br />157 <br />158 <br />159 <br />160 <br />161 <br />162 <br />163 <br />164 <br />165 <br />4.7 Total Monthly Power Costs. All of SCPPA's wsts to the extent not paid from the proceeds <br />of Bonds, notes or other evidence of indebtedness issued in anticipation of Bonds, resulting <br />from the ownership, operation and maintenance of and renewals and replacemenu to the <br />Project. SCPPA shall apply, as a credit against Total Monthly Power Cosu, all receipts, <br />revenues and other moneys received by SCPPA from surplus equipment, materials, supplies <br />or Energy sold prior to the Date of Fnm Operation for the benefit of SCPPA. Total Monthly <br />Power Costs shall consist of (i) an operating cost component (described in Section 4.7.1), <br />(ii) a fuel cost component (described in Section 4.72), (iii) a Project A Indenhue cost <br />component (described in Section 4.73), (iv) a Project B Indenture cost component (described <br />in Section 4.7.4) and (v) a Project C Indenture cost component (described in Section 4.7.5), <br />and shall include, but not be lunited to, the items of cost and expense referred to in this <br />Section 4.7 tha[ aze accrued or paid by SCPPA dwing each Month of each Power Supply <br />Year. In the event any Power Supply Yeaz shall consist oF fewer than twelve Months, the <br />fraction set forth in [he following Sections 4.7. ], 4.7.3.3, 4.7.43 and 4.7.5.3 shall be adjusted <br />accordingly and, in the event of any revision of the Annual Budget after the commencement <br />of any Power Supply Yeaz, the amount determined pursuant ro said Sections shall be <br />appropriately adjusted so that any increase or decrease in the portion of the Annual Budget <br />applicable to said Sections shall be evenly apportioned over the remaining Months of such <br />Power Supply Yeaz. <br />4.7.1 The operating cost component of the Total Monthly Power Costs shall consist of: <br />one-twelfth of the cosu of producing and delivering Capacity and Energy during <br />such Power Supply Yeaz, including, but not limited to (i) ordinary operation and <br />maintenance costs, administrative and general costs, cosu relating to litigation <br />(including attorneys' fees and disbursements and other amounu paid as a result of <br />such litigation), insurance costs (including amounts to fund any self-inswance <br />program), overhead costs, taxes required to be paid by SCPPA with respect to the <br />Project, and any other costs payable by SCPPA in connection with the output of the <br />Project; provided, however, such costs shall not include any damages or costs, <br />including legal costs, relating to Willfu] Actions of the Operating Agent, and (ii) all <br />costs related to the conducting of the business of SCPPA with respect to the Project, <br />including the applicable portion of salazies, fees for legal, engineering, financial and <br />other services and all other expenses properly related to the conduct of such affairs <br />45049822.18 (PSA Project A) <br />
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