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factors reflecting actual use shall be given such weight in <br />determining Operation and Maintenance Costs as the Participating <br />Members shall agree. Operation and Maintenance Costs shall be <br />calculated and set forth in the General Budget for each Fiscal <br />Year. Further, from and after such time as each Party has become <br />a Participating Member in one or more Projects (irrespective of <br />whether all Parties are Participating Members in any one Project) <br />and Operation and Maintenance Costs have been allocated among all <br />Parties, Administrative Overhead Costs of the Authority likewise <br />shall be allocated in the same proportion as Operation and <br />Maintenance Costs as provided in this Agreement. <br /> <br /> E. Ownership: Each Party shall own an undivided <br />portion of any Project or Projects with respect to which it is a <br />Participating Member equal to the percentage of the Capital <br />Expenditures for such Project or Projects either (i) paid for by <br />it or (ii) paid for by state or federal grant monies allocated to <br />it. <br /> <br /> F. Capacity Rights: Each Party shall own and possess <br />Capacity Rights in a Facility of a Project with respect to which <br />it is a Participating Member proportionately equivalent to its <br />respective Ownership interest in such Project or Projects. Any <br />Member in a Project may transfer to any Party any portion of its <br />Capacity Rights with respect to such Project as such <br />Participating Member and Party may agree~ provided, however, that <br />the Participating Member proposing to transfer such Capacity <br />Rights or any portion thereof, must first offer on the same terms <br /> <br /> - 8 - <br /> <br /> <br />