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1. PPA dependent upon TXU LBO Financing <br />2. Potential Early Termination (Art. 12) <br />• events of default may trigger (Art. 10) <br />• make-whole provisions <br />• liquidated damages <br />3. Refinancing and Substitute Collateral (Art. 9) <br />4. Failure to schedule and liquidated damages <br />• CAPP will know before event <br />5. New Governmental Charges <br />PraridingSlahilirv in En€r2;y C.'osts ta Tezns Ci1ies <br />1. First lien on competitive assets including all of <br />Luminant's (formerly TXU) generation facilities. <br />2. 90% availability on rolling three-year average. <br />3. Liquidated damages (up to $120 million) for withholding <br />power or early termination. <br />4. "Make whole" of outstanding portion of prepayment in <br />an event of early termination, including bankruptcy. <br />5. Guaranty from parent. <br />6. No Member liability for other participants failure to <br />appropriate. <br />PsonidAtg 51ahilitv rti Energy Cnsts tn lrxas ('ilies <br />- 0101) 18(~ 8 <br />