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03/06/2018
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03/06/2018
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Last modified
1/11/2021 12:51:18 PM
Creation date
5/1/2018 1:58:04 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
03/06/2018
Meeting Body
Board of County Commissioners
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ORDER NO. PSC -2018 -0085 -PAA -EQ <br />DOCKET NO. 20170226 -EQ <br />PAGE 18 <br />Fourth Revised Sheet No. 9.040 <br />FI ORIDA POWER & LIGHT COMPANY Cancels Third Revised Sheet No. 9.040 <br />(Contutued from Sheet No. 9.039) <br />12. Dcfauilt <br />Notv%ithstandung the occurrence of any Force Majeure as described in Section 16, each of the fbIIc Mj>.q shall constitute an Event of <br />Default: <br />12.1'11= QS fails to meet the applicable requirements spteifiedin Section i ofthic Contact.; <br />12.2 The QS changes or modifies the Facility from Drat provided in Section 1 with respect to its type, location, technology or fuel <br />source, without prior written approval from FPI-,, <br />12.3 Aller the Capacity Delivery Date, the Facility fails, for twelve (12) consecutive months, to maintain an Annual Capacity <br />Billing Factor, as described in Appendix R, ofat least 7045.; <br />12.41'hc QS fails to comply wi0t any of die provisions of Section 9.0 hereof (CompletiordPerfomrdnec Security). <br />12.3 The QS fails to comply with any oftlte provision of Section 10.0 hercof(rennination Security).. <br />12.6 The QS ceases the conduct of active business; or if proceedings under the federal bankruptcy law or insolvency laws shall be <br />instituted by or for or against the QS or if a receiver shall be appointed for the QS or any of its assets or properties; or if arty <br />part of the QS's assets shall be attached, levied upon, encumbered, pledged, scrod or taken under any judicial process, and <br />such proceedings shall not be vacated or fully stayed within 30 days thereof; or if the QS shall make an assignment for the <br />benefit of creditors, or adinit in whiting its inability to pay its debts as they Neon-. due. <br />12.7'lie QS fails to give proper assurance acceptable to FPL of adequate perforniiince as specified tinder this Contract within 30 <br />days after FPL, with reasonable grotuids for insecurity, has requested in writing such assurance-. <br />12.8 The QS materially fails to perforin as specified under this Contract, including, but not liirnited to, the QS's oblirdtions raider <br />any part of Section R, and I R. <br />12.9 The QS fails to achieve the pertnitting, licensing, certification, and all federal, state and local governmental envirorunental and <br />licensing approvals required to initiate comtniction of the Facility by no later than one year prior to Guaranteed Capacity Date. <br />12.10 The QS fails to comply with any of the provisions of Section 18.3 hereof (Project Management). <br />12.11 Any of the representations or warranties made by the QS in this Contract is false or inisleading in any material respect, <br />12.12 The occurrence of an event of default by the QS under die Interconnection Agreement or any applicable Wheeling <br />Agreement; <br />12.13 The QS fails to satisfy its obligation under Section 18.14 hercof (Assignment). <br />12.14 'flre QS fails to deliver to FPL in accordance with this Contract any energy or firm capacity required to be delivered <br />hereunder or the delivery or sale of any such energy and firm capacityto an entity other than FPi.. <br />12. 15 'Me QS fails to perform any material covenant or obligation umber Iles Contract not specifically mentioned in this Section <br />12. <br />12.16 If at any time after the Capacity Delivery Date, the QS reduces the Committed Capacity due to an event of force Majeure <br />and fails to repair the Facility and reset the Connnitted Capacity to die level set forth in Section 53 (as such level may be <br />reduced by Section .5.3) within twelve (12) months following the occurrence of such event of Forcc Majeure. <br />(Continued on Sheet No. 9.041) <br />Issued by- S. E Romig, Director, Rates and Tariffs <br />Effective: September 13, 2016 <br />9� <br />
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