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ORDER NO. PSC -2022 -0203 -PAA -EQ <br />DOCKET NO. 20220072 -EQ <br />PAGE 18 <br />Attachment A <br />First Reused Sheet No. 9.039 <br />FT,ORIDA POWFR & LIGHT COMPANY Cancels Original Shrct No. 9.039 <br />(Cerrdnu ed From Sheet No. 9.038) <br />10,1A rifler the close of each calendar quarter (March 31, lune 30, September 30, and Mcember 31) occurring subsequent to <br />the Capacity Delivery Date, die QS shall provide to FPL within tett (10) busatess days of the chase of such calendar quart" with written <br />assurance and documentation (the -Security Dchcumentatio W), in form and substance acceptable to FPL, that the atnounrof the most recently <br />provided Termination Security is sufficient to cover the balance of the Termination Fee. In addition to the foregoing, of any time durutg the <br />term of this Contract, FPL shall lave the tight 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 die requirements of this Section 10. 1.3 shall be grounds for FPL to <br />draw in hill on any existing Terrination Fee Letter of Credit o r Termination Fee Bond or to retain arty Termination Fee Cash Collateral, and <br />to exercise any otter remedies it may have heremnder to be applied against any Terttinaticxh Fee that may be due and owirg to FPL or that <br />may in the future be due and owing to FPL. <br />117.1.5 upon any termination of this Contract following tit-- Capacity Delivery Date, FPL shall be entitled to receive (and in the <br />case of the Terttination Fee Letter of Credit or Termination Fee Bonin, draw upon such Tcmtinati(at Fee Letter of Credit or Termination Fcc <br />Bond) and retain one- hundred percent (10044) of the Termination Security to be applied against arty Termination Fee that nay be dna and <br />owing to FPL or that may in the tittta°e be dm and owing to FPL. FTL will transfer to the QS any proceeds and Tertrination Security <br />remaining atter liquidation, set-off andtor application muter this Article after satisfaction in fill of all amounts payable by the QS with <br />respect to arty Termination Fee or other obligations due to FPL; the QS in all events will rennin Gable for arty amounts remaining unpaid <br />atter any liquidation, set-off andior application under this Article. <br />10.2 The QS, as the Pledgor of the Tenmination Security, hereby pledges to FPL, as the seemed Party, as security for the <br />Termination Fee and grants to FPL u first priority contirntir>♦; security interest in, lien on and right of set-off against all Terrndration 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 arod <br />lien granted heretander on that Temhiration Security will be released immediately and, to the extent possible, without any further action by <br />either party, <br />10.3 In lieu of ar y interest, dividtmds or other arrimints paid or teamed to have been paid with ru5pecst'to Termination Fee Cash <br />Collateral held by FPL (all of which may be retained by FPL), FPL will transfer to the QS on a truxuhly basis the Interest Amotart, Pursuant <br />to Section 9.7, <br />it. Performance Factor <br />FPL desires to provide an incentive to the QS to operate the Facility during ort -peak and oft=peak periods in a manner which <br />approximates the projected I-Parfornance ofFPL's Avoided Unit. A Formula to achieve this objective is attached as Appnxtix A. <br />(Ckathniied on Sheet No. 9.040) <br />Issued by: S. E. Romig, Director, Wile%and Tariff's <br />Effective: Septetober 13, 2016 <br />1,6 <br />