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ORDER NO. PSC -2019 -0265 -PAA -EQ <br />DOCKET NO. 20190082 -EQ <br />PAGE 17 <br />FI.ORTDA POWER & LIGHT COMPANY <br />Attachment A <br />First Revised Sheet No. 9.039 <br />Cancels Original Sheet No. 9.039 <br />(Continued from Shot No. 9.0311) <br />10.1.4 After the close of each calendar quarter (March 31, June 30, September 30, and December 31) occurring subsequent to <br />the C--apacity Delivery Date, the QS shall provide to FP1, within ten (10) badness days of the close of such calendar quarter with written <br />assurance and documentation (the "Security Documentation'), in fonts and substance acceptable to FPL, that the amount of the most recently <br />provided Termination Security is sufficient to cover the balance of the Temtination Fee; In addition to the foregoing; at any time during the <br />term of this Contract FPL shall have the right to request, and the QS shall be obligated to deliver within five (5) business days of such <br />request, such Security Documentation. Failure by the QS to comply with the requirements of this Section 10.13 shall be grounds for FPL to <br />'draw in full on any existing Termination Fee Letter of Credit or Temtination Fee Bond or to retain any Termination Fee Cash Collateral, and <br />to exercise any other remedies it may have hereunder to be applied against any Terruination Fee that may be due and owing to FPL or that <br />may in the future he due and Owing to FPI.. <br />10.1.5 Upon any termination of this Contract following the Capacity Delivery Date, FPL shall be entitled to receive (and in the <br />case of the Tennlnation Fee Letter of Credit or Temination Fee Bond, draw upon such Termination Fee Letter of Credit or Termination Fe: <br />Bond) and retain one- hitnrlrcd percent (100%) of the Termination Security to be applied against any Termination Fee that may be dire and <br />owing to FPL or that may in the future be due and owing to FPL. FPL will transfer to the QS any proceeds and Termination Security <br />remaining atter liquidation, set-off andtor application under this Ankle after nusfaciion in full of all amounts payable by the QS with <br />respect to any Termination Fee or other obligation.; due to FPL; the QS in all events will remain liable fcii arty amounts remaining unpaid <br />after any liquidation, set-off andlor application under this Artiele. <br />10.2 The QS, as the Pledgor of the Termination Security, hereby pledges to FPL, as the secured Party, as security for the <br />Termination Fee, and grants to FPL a first priority continuing security interest in, lien on and right of set-off against all Temtination Security <br />transferred to or received by FPL hereunder. Upon the transfer or return by FPL to the QS of Termination Security, the security interest and <br />lien granted hereunder on that Termination Security will be released immediately and, to the extent possible, without any further action by <br />either party. <br />10.3 In lieu of any interest, dividends or other amounts paid or deemed to have been paid with respect to Termination Fee Cash <br />Collateral held by FPL (all of which maybe retained by FPL), FPI. will transfer to the QS on a monthly basis the Interest Amount, Pursuant <br />to Section 9.7. <br />11. Performance Factor <br />FPL desires to provide an incentive to the QS to operate the Facility during on -peak and off-peak periods in a manner which <br />approximates the projected perfortcamce of FPL`s Avoided Unit. A forula to achieve this objective is attached as Appendix B. <br />(Continued on Sheet No. 9.040) <br />Issued by S E. Romig,' Director, Rates and Tariffs <br />Effective: September 13,2016 <br />