Pine Prairie Energy Center, LLC

Original Volume No. 1

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Effective Date: 09/01/2007, Docket: RP07-563-000, Status: Effective

Original Sheet No. 110 Original Sheet No. 110 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

law, or appointing a receiver, liquidator, assignee, trustee,

sequestrator (or other similar official) of the Customer, or any

parent entity thereof or guarantor of Customer, or of any

substantial part of their property, or the ordering of the

winding-up or liquidation of their affairs, with said order or

decree continuing unstayed and in effect for a period of sixty

(60) consecutive days. PPEC may not take any action under this

Section 3.3(i) which conflicts with any order of the U.S.

Bankruptcy Court.

 

(j) PPEC's determination of a Customer's or

prospective Customer's creditworthiness shall be subject to the

following procedures:

 

(1) If PPEC requests additional information to be used for credit

evaluation after the initiation of service, PPEC, contemporaneous

with the request, shall provide its reason(s) for requesting the

additional information to Customer and designate to whom the

response shall be sent. PPEC and Customer may mutually agree to

waive the requirements of this standard.

 

(2) Upon receipt of either an initial or follow-up request from

PPEC for information to be used for creditworthiness evaluation,

Customer's or prospective Customer's authorized representative(s)

shall acknowledge receipt of PPEC's request. PPEC and the

Customer or prospective Customer may mutually agree to waive the

requirements of this standard.

 

(3) Customer's or prospective Customer's authorized

representative(s) shall respond to PPEC's request for credit

information, as allowed by PPEC's tariff, on or before the due

date specified in the request. Customer or prospective Customer

shall provide all the credit information requested by PPEC or

provide the reason(s) why any of the requested information was not

provided.

 

(4) Upon receipt from Customer or prospective Customer of all

credit information provided pursuant to applicable NAESB WGQ

standards, PPEC shall notify the Customer's or prospective

Customer's authorized representative(s) that it has received such

information. PPEC and Customer or Prospective Customer may

mutually agree to waive the requirements of this standard.

 

(5) (i) Customer or prospective Customer shall designate up to

two representatives who are authorized to receive notices

regarding the Customer's or prospective Customer's

creditworthiness, including requests for additional information,

pursuant to the applicable NAESB WGQ standards and shall provide

to PPEC the Internet e-mail addresses of such representatives

prior to the initiation of service.