- 5 -5 ensure that petitioner's support systems and ancillary equipment were of sufficient capacity to permit safe and efficient utilization of the WTC Equipment. Petitioner agreed to provide the necessary "systems and utilities at such capacities to the [WTC] Equipment hook up at Norstam's cost". The Agreement contains no other mention of utilities and no mention of gas or steam. Paragraph 10 of the Agreement is captioned "Fixed Payment". Subparagraph (a) provided that WTC was to make a monthly payment to petitioner "for the use of the area designated as Area B in Exhibit A". Exhibit A of the Agreement was a diagram of the area in which the WTC Equipment was to be installed. The Agreement stated that WTC was to pay petitioner $1,368 per month for the use of "Area B". There is no reference to utilities, gas, or steam in paragraph 10. The Agreement provided that the WTC Equipment was to include one or two lathes, a roller dryer, and clippers and was to remain the property of WTC. Steam necessary to operate the WTC Equipment was piped over from petitioner's boiler. WTC paid the costs to deliver and install the WTC Equipment, including electrical, mechanical, and plumbing alterations to "Area B". Petitioner was to crate the finished veneer and hold it for shipment as directed by WTC. Petitioner agreed to do work for WTC on each normal operating day and to produce as much veneer as WTC required, which was to be a minimum of 1,200 board feet perPage: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011