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7.3 <br />Interest and Sinking Fund; Tax Levy for Monthly Capacity Payments. <br />22 <br />7.4 <br />Prepayments based upon Early Termination under the PPA . <br />22 <br />7.5 <br />CAPP and Trustee as Third Party Beneficiaries <br />22 <br />7.7 <br />Member's Default on Capacity Prepayment and CAPP's Remedies . <br />23 <br />ARTICL <br />E 8 BILLING AND PAYMENT <br />24 <br />8.1 <br />Invoice and Payment Schedules <br />24 <br />8.2 <br />Method of Payment <br />24 <br />8.3 <br />Netting <br />25 <br />8.4 <br />Disputed Charges <br />25 <br />8.5 <br />Audits <br />26 <br />8.6 <br />ERCOT Barred Issue . <br />26 <br />ARTICLE 9 DESIGNATION OF MEMBER'S DELIVERY POINTS <br />26 <br />9.1 <br />Designation of Member's Delivery Points . <br />26 <br />ARTICL <br />E 10 SECURITY <br />26 <br />10.1 <br />Security from Facilities Owners . <br />26 <br />10.2 <br />Collateral Assignment of the Contract to Trustee for Bonds <br />27 <br />ARTICL <br />E 11 DEFAULT <br />27 <br />11.1 <br />Defaults by Facility Owners; Defaults by Participating Members . <br />27 <br />11.2 <br />Default by CAPP <br />27 <br />11.3 <br />Default by Member . <br />27 <br />11.4 <br />Remedies of CAPP in the event of default by Member <br />28 <br />11.5 <br />Remedies of Member in the Event of Default by CAPP . <br />29 <br />11.6 <br />No Waiver in Event of Default . <br />30 <br />ARTICL <br />E 12 INDEMNIFICATION; LIMITATION OF LIABILITY <br />30 <br />12.1 <br />Member's Indemnification of CAPP . <br />30 <br />12.2 <br />Claims arising on Facility Owners side of the Facility Owners' Delivery <br />Point . <br />30 <br />12.3 <br />Indemnified Claims <br />31 <br />12.4 <br />Limitation of Remedies, Liability and Damages . <br />31 <br />ARTICL <br />E 13 REPRESENTATIONS <br />32 <br />13.1 <br />Mutual representations and warranties . <br />32 <br />ARTICLE 14 NOTICES <br />33 <br />14.1 <br />Notices <br />33 <br />ARTICL <br />E 15 CONFIDENTIALITY .................................................................................34 <br />15.1 <br />ConfidentialInformation <br />34 <br />ARTICL <br />E 16 ASSIGNMENT ...........................................................................................34 <br />16.1 <br />Assignment <br />34 <br />ARTICLE 17 CONTINUING DISCLOStJRE ..................................................................34 <br />17.1 <br />Continuing Disclosure Undertaking of Members . <br />34 <br />17.2 <br />Financial Statements <br />34 <br />17.3 <br />Change of Fiscal Year <br />35 <br />17.4 <br />Failure to Provide Continuing Disclosure <br />35 <br />17.5 <br />Amendment of Continuing Disclosure . <br />35 <br />ARTICLE 18 TAX-EXEMPT BONDS <br />.36 <br />18.1 <br />Tax-Exempt Bonds . <br />36 <br />18.2 <br />Agreement to Pay Beneficiary . <br />36 <br />ii <br />~ «OUU2~t <br />