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DES:sh 12/30/85 <br /> DES:sh 1/19/86R <br /> DES:sh 2/03/86R <br /> DES:sh 2/20/86R <br /> <br /> was acquired and/or constructed. Notwithstanding the <br /> foregoing, Capacit~ Rights may be transferred pursuant to <br /> Paragraph XVI.E. of this Agreement. A transfer or conveyance <br /> of Capacity Rights does not transfer or convey any right, <br /> title, or interest in or to the Facility, or any portion <br /> thereof, to which such Capacity Rights pertain unless <br /> <br />.expressly so provided in a written agreement between the <br /> Participating Members of the Project for which the Facility <br /> was acquired and/or constructed. <br /> <br /> (j) "Capital Budget" means the approved budget for <br /> Capital Expenditures prepared for each Project or Projects <br /> necessary for the Authority to carry out the purposes of <br /> this Agreement. <br /> <br /> (k) "Capital Expenditures" means those expenditures or <br /> any part thereof made to study, plan, design, acquire and <br /> <br /> construct a Facility or Facilities for a Project or <br /> <br /> Projects. <br /> <br /> (1) "Discharger" means a Party or Parties owning or <br /> possessing and utilizing facilities for the treatment of <br /> sewage. <br /> <br /> (m) "Effective Date" means the date hereof which is <br /> the date of execution of this Agreement by the last of the <br /> Parties hereto or such other date following such <br /> last-executed date selected by the Parties for convenience. <br /> <br /> (n) "Facility" or "Facilities" means any real <br /> <br /> property, building, works or improvement acquired or <br /> constructed by the Authority for a Project or Projects. <br /> <br /> 5 <br /> <br /> <br />