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05 Finance
City-of-Paris
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12 December
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05 Finance
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Last modified
8/23/2012 9:27:47 AM
Creation date
12/12/2008 1:42:53 PM
Metadata
Fields
Template:
AGENDA
Item Number
05
AGENDA - Type
MISCELLANEOUS
Description
Electric power contract with CAPP
AGENDA - Date
12/15/2008
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"Fiscal Year" means the fiscal year of Member. <br />"Forced Outage" has the meaning set forth in the PPA. <br />"Governmental Authoriry" has the meaning set forth in the PPA. <br />"Governmental Charges" has the meaning set forth in the PPA and which are <br />charged to or payable by CAPP, including those Governmental Charges that <br />survive the termination of the PPA. <br />"Guarantor" shall mean Texas Competitive Electric Holdings Company, LLC, a <br />Delaware limited liability company. <br />"Guaranty" shall mean that certain Guaranty Agreement executed by Guarantor <br />and delivered to CAPP at closing. <br />"Interest and Sinking Fund" means that a special fund or account designated as <br />the "City of Paris Electric Public Property Finance Contractual Obligation <br />Interest and Sinking Fund", authorized, established and maintained in a <br />depository bank of the Member, so long as the contractual obligation to make <br />Monthly Capacity Payments hereunder are outstanding and unpaid. <br />"k W ' means kilowatt(s). <br />"Law" means (i) any law, legislation, statute, act, rule, ordinance, decree, treaty, <br />regulation, order, judgment, or other similar legal requirement, and (ii) any legally <br />binding announcement, directive or published practice or interpretation thereof, <br />including but not limited to, ERC'OT Guides, enacted, issued or promulgated by <br />any Governmental Authority having jurisdiction over this Contract, the Facilities, <br />and the delivery of Energy pursuant to this Contract. <br />"Martin Lake Faciliry" means Unit 1, Unit 2, and Unit 3 of the Martin Lake <br />generating station located in Rusk County, Texas, with an approximate <br />cumulative Net Rated Capacity of2,345 megawatts as of the Effective Date of the <br />PPA. <br />"Member Contract Energy Allocation" shall equal the product of the Member's <br />Energy Allocation Percentage and the Contract Energy during each Delivery <br />Month of the Delivery Period. <br />"Merriber's Monthly Aggregated Energy Payment" has the meaning set forth in <br />Section 6.1(a). <br />"Member's Energy Allocation Percentage" is being calculated by <br />multiplying 100 by a fraction, the numerator of which is Member estimated <br />energy required during the Base Year, and the denominator of which is the <br />8 <br />U0 0 03'%j <br />
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