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08/15/2017 (3)
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08/15/2017 (3)
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Last modified
4/29/2025 2:52:19 PM
Creation date
10/26/2017 3:25:19 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
08/15/2017
Meeting Body
Board of County Commissioners
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0 <br />ORDER NO. PSC -2017 -0278 -PAA -EQ <br />DOCKET NO. 20170077 -EQ <br />PAGE 16 <br />FLORIDA POWER J, WGA[ COMPANY <br />(Cautioned [men Sheet No. 9.037) <br />ATTACHMENT A <br />Flit Revised Sheet No.9A38 <br />Cincotta Original Slasd No, 9.838 <br />9.7 In lien of my interest, dividends or other cmomes paid ordemed to have been paid with respect m Cash Calleteral hell <br />by FPL (ail of which my be retained by FPL), FPL will transferor the QS on a monthly basis the InterstAmowl, as calculated by FPL <br />"WcrestAhmna" <br />a=% with respect to each monthly period, the legate stun of the onawtaofmtertAwleuMe l fmmch day <br />in Dot monWy period on the principal moontofCash CoOnleral held by FPL on that day. derermimd by FPL (breach suehday es <br />folimm <br />(x)the ammtof [had Cath Colmaaal on thmday, multiplied by <br />(y) the InteretRac in effor father day, divided by <br />(x)360. <br />"InteredRale" roma the Fdeal Funds Ovenught rate as from time actions: ineiRct. <br />"Federal Funds Overnight Rare" mems, for the relevant determination date, the rate opposite the caption "Fdem] Fords <br />(Elfatim)" as set forth for that day in the wocidy datidiast release designated as RIS (519), or my auumor publication, <br />published by the Dowd otoovama cram Federal Reeve Syum. Ifni due delemmetim dale such rate ism yet published in <br />H.15 (519), the ram fm that data will be the are, at in Composite 3:30 P.M Quotations fm US. Goverment Seuaitia for that <br />day muter the raption'Tdaal FurdslElfecOve Rate" If m the determination dam such one is not yin published in eitherH15 <br />(519) or Composite 3:30 P.M. Qaotatims for U.S. Goverment Secmitim the one for Net data will be determined as if Oe Parties <br />had specified "USD•Fcdcfd Faa&Rclumse efksmra' asMeapplicabk Me <br />10. Terasmetiaa Fee <br />10.1 In the event that the QS receives capacity payments pumant m Option B. Option C, Option D or Option E (m such <br />e defend in Appedix A and ducted by the QS in Appcn& E) or mbeives anergy psymmm p ms nl to the Ford Firm Energy <br />)ptiml (a such option is defined in Appendix A ad elided by the QS in Appendix E)then, Upon the tmnimtion ofthis Contract, <br />all owe and be liable to FPL for a termination fee ekulatd in accordance with Appendix C (the 'Tem radon Fee") The t35'a <br />m pay the Termim ion Fee atoll revive the combustion of this Contract. FPL dreg provide Om QS, on e momidy bade, e <br />10.1.1 The Terdnatioo Fee dirndl be saved (with Oo exception ofgover®mlel mtid waste fecuitia covered by FPSC Rule <br />25.17.091 in which case the QS may use an mseetaed written conammsemor promise to pay, in a knoreasonably acceptable to FPL, by the <br />local a mmuce n which mwu tie FrcOic, or on wMse behalf the OS emote the FwaiN. to aurae its oblimtiba to my 0¢ Termination <br />ofaedit Is ml renewed or replaced a )eau Odra (30) business days prior m its atplration date, fTemainaWn Fee Later of Cmdd"y, (b) o <br />bond, issued by a financially soled Company and in a them and substance acceptable to FPL, ('Tarnmstion Fee Bond"), m (c) a cash <br />coOeteel deposit with FPL ('Temination Fee Cash CaOataal7 (my of (a ),(b), or(cl t e'Temindion Security") <br />10.13 The specific mourily instrument selected by the QS fm purposes of this Contract is <br />( )Temirmtion Fa LmerofCredil <br />( )Termmatim Fee Bond <br />( )Termination Fa Cash Co0otad <br />10.13 FPL shall haft the right in monitor am I'mociel condition of () the issuer of a Tcmdmtion Fee Le0erof Ccdit in Ne <br />ease of any Termination Fee Later of Credit asd (ii) the Insma(s), in the case of my Termination Fee Band. In Om event the Imre, of <br />Termination Fee Later of Credit is an longera Qualified Ismer or the inner of aTermmaRon Fee Bond is an longer financially sound, FPL <br />may, require the QS to replace the Termination Fee Ulla of Credit or the Temshmliem Fee Bond, as applicable in the event that FPL <br />(Cautioned an Stand No. 9.039) <br />Issued by: S. E. Roodg, Director, Rates and Tariffs <br />Effective: September 13,2016 <br />
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