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09/12/2017 (3)
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09/12/2017 (3)
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Last modified
10/26/2017 4:00:46 PM
Creation date
10/26/2017 2:45:41 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/12/2017
Meeting Body
Board of County Commissioners
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ORDER NO. PSC -2017 -0336 -PAA -EQ <br />DOCKET NO. 20170072 -EQ <br />PAGE 33 <br />Attachment A <br />DUKE <br />1tVa ENERGY. <br />SECTION No. IX <br />SEVENTH -EIGHTH REVISED SHEET NO. 9.424 <br />CANCELS SORT -SEVENTH REVISED SHEET NO. <br />9.424 <br />11.2 The choice of the type of Eligible Collateral by the RF/QF may be selected from <br />time to time by the RF/QF and upon receipt of substitute Eligible Collateral, DEF <br />shall promptly release sueh-the Eligible Collateral that has been replaced by the <br />substitute Eligible Collateral. Following any termination of this Contract, the <br />Parties shall mutually agree to a final settlement of all obligations under this <br />Contract which such period shall not exceed 90 days from such termination date <br />unless extended by mutual agreement between the Parties. After such settlement, <br />any remaining Eligible Collateral posted by the RF/QF that has not been drawn <br />upon by DEF pursuant to its rights under this Contract shall be returned to the <br />RF/QF. Any dispute between the Parties regarding such final settlement shall be <br />resolved according to applicable procedures set forth in Section 20.9. <br />11.3 Draws, Replenishment - DEF may draw upon Eligible Collateral provided by the <br />RF/QF following the occurrence of an Event of Default or pursuant to the other <br />provisions of this Contract in order to recover any damages to which DEF is <br />entitled to under this Contract. In the event of such a draw then, except in the <br />circumstance when this Contract otherwise terminates, the RF/QF shall within <br />five (5) Business Days replenish the Eligible Collateral to the full amounts <br />required. <br />ISSUED BY: Javier Reduce do, Dtreetor, Rates & Regulatory Strategy - FL <br />1 EFFECTIVE: July-lOn2014 <br />
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