Message-ID: <4250253.1075845938228.JavaMail.evans@thyme> Date: Wed, 20 Sep 2000 04:39:00 -0700 (PDT) From: kay.mann@enron.com To: heather.kroll@enron.com, ozzie.pagan@enron.com Subject: Everyone's favorite: VEPCO force m. Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Kay Mann X-To: Heather Kroll, Ozzie Pagan X-cc: X-bcc: X-Folder: \Kay_Mann_June2001_3\Notes Folders\Sent X-Origin: MANN-K X-FileName: kmann.nsf How close did I get? 10.2 Effect of Force Majeure. In the event of a Force Majeure event=20 affecting Seller=01,s ability to Deliver Scheduled Energy from the Facility= , the=20 following shall occur: =20 (a) Seller shall as soon as reasonably practicable use commercially=20 reasonable efforts to fulfill its obligations to deliver Scheduled Energy= =20 from Market Sources until notice is provided pursuant to Section 10.2(b)=20 below. do we want to delete this? Gary didn't seem to like it. (b) Not later than ten (10) Days following the onset of the Force Majeure= =20 event, Seller shall (i) issue a notice to Buyer stating whether Seller will= =20 continue to fulfill its obligations to Buyer hereunder from Market Sources= =20 until the Force Majeure event is terminated or (ii) declare Force Majeure a= nd=20 relieve Buyer from its obligation to pay the Demand Charge during the time= =20 that Seller is unable to meet its obligations hereunder, computed on a dail= y=20 basis. If Buyer does not Schedule Energy during the ten (10) day evaluatio= n=20 period and Seller declares Force Majuere, then Buyer=01,s relief of the=20 obligation to pay the Demand Charge shall commence as of the date of the=20 Force Majeure event. (c) If, during the ten (10) day evaluation period referenced above, Buyer= =20 Schedules Energy and Seller continues to Deliver Energy, but then declares= =20 Force Majeure, Buyer=01,s relief from the obligation to pay the Demand Char= ge=20 shall commence on the date of the declaration of Force Majeure and not on t= he=20 date of onset of the Force Majeure event. If, during the ten (10) day=20 evaluation period Buyer Schedules Energy and Seller initially Delivers Ener= gy=20 but subsequently fails to Deliver, Buyer shall be relieved of the obligatio= n=20 to pay the Demand Charge from the date Seller fails to Deliver Energy, and= =20 not on the date of onset of the Force Majeure event. Such relief from the= =20 Demand Charge shall be computed on a daily basis. =20 In the event of a Force Majeure affecting Buyer=01,s ability to receive Ene= rgy=20 from Seller, payment of the Demand Charge shall continue. 10.3 Termination Due to Force Majeure. If an event of Force Majeure continu= es=20 in effect for twelve (12) consecutive Months, then the Party not declaring= =20 Force Majeure may terminate this Agreement upon providing written notice of= =20 such termination to the other Party (but if such event of Force Majeure=20 terminates before any such termination notice is provided, then this=20 Agreement shall continue in full force and effect).