Laserfiche WebLink
ORDER NO. PSC -2018 -0314 -PAA -EQ <br />DOCKET NO. 20180073 -EQ <br />PAGE 30 <br />DUKE <br />C ENERGY. <br />Attachment A <br />Page 25 of 71 <br />/ <br />SECTION No. IX <br />EIGHTH REVISED SHEET NO. 9.424 <br />CANCELS SEVENTH REVISED SHEET NO. 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shall promptly release the Eligible Collateral that has been replaced by the <br />substitute Eligible Collateral. Following any termination of this Contract, tote <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/QT. 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 />1Z1 -'/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 DEP is <br />entitled to under this Contract. 1n the event of such a draw then, except in the <br />circumstance when this Contract other%vise 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 Portuondo, Director, Rates & Regulatory Strategy - FL <br />EFFECTIVE: July 13, 2017 <br />C6 3 a <br />