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BROOKINGS - TWIN CITIES TRANSMISSION PROJECT AGREEMENT <br />Section 509. Unconditional Payment Obligation ....................... .............................20 <br />Section510. Insurance ............................................................... .............................20 <br />ARTICLE6 ......................................................................................... .............................20 <br />Section 601. <br />Estimated Transmission Project Costs .................. .............................20 <br />Section 602. <br />Annual Budget ....................................................... .............................21 <br />Section 603. <br />Participant Portion of Monthly Transmission Project Costs ..............21 <br />Section 604. <br />Billing Statement ................................................... .............................22 <br />Section 605. <br />Billing Adjustments ............................................... .............................23 <br />Section 606. <br />Billing Disputes ..................................................... .............................23 <br />ARTICLE7 ......................................................................................... .............................24 <br />Section701. <br />Reports .................................................................. .............................24 <br />Section 702. <br />Records and Accounts ........................................... .............................24 <br />Section 703. <br />Participant Information ......................................... .............................24 <br />ARTICLE8 ......................................................................................... .............................25 <br />Section 801. <br />Failure of the Participant to Pay ............................ .............................25 <br />Section 802. <br />Payment Default by Another Participant ............... .............................26 <br />Section 803. <br />Participant Default Other Than Failure to Pay ...... .............................26 <br />ARTICLE9 ......................................................................................... .............................27 <br />Section 901. <br />Ending of Transmission Project ............................ .............................27 <br />ARTICLE10 ....................................................................................... .............................27 <br />Section 1001. <br />Termination, Amendment, and Waiver ............. .............................27 <br />Section1002. <br />Notices ................................................................. .............................28 <br />Section 1003. <br />Arbitration ........................................................... .............................29 <br />Section 1004. <br />Governing Law and Venue ................................. .............................29 <br />Section 1005. <br />Obligations of Good Faith and Fair Dealing; Prudent Utility <br />Practice.............................................................................. .............................29 <br />Section 1006. <br />Severability .......................................................... .............................29 <br />Section 1007. <br />Assignment of Agreement by Participant ........... .............................30 <br />Section 1008. <br />Pledge of Agreement by CMMPA ...................................................30 <br />Section 1009. <br />CMMPA Transfer of Transmission Project ........ .............................31 <br />Section 1010. <br />No Unreasonable Adverse Distinction; Ability to Join <br />CMMPA <br />on Comparable Terms ........................................ .............................31 <br />Section 1011. <br />Duly Authorized Signatories; Binding Effect of Execution .............31 <br />Section 1012. <br />Confidentiality of Information ............................ .............................32 <br />ii <br />