4.3. ERMUSR 05-10-2011 - Laserfiche WebLink

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Transmission Owner Services and Asset Assignment Agreement to one or both of (i) costs of acquisition, construction, and financing related to the Brookings Transmission Project, and (ii) the Participant Portion of Monthly Transmission Project Costs (as that term is defined in the CMMPA-Participant Brookings Transmission Project Agreement) for such month. If any Revenues properly allocable to the Brookings Transmission Project remain after application of Revenues pursuant to the preceding sentence, such amounts shall be credited against any other amounts due from Participant in connection with the Participant's receipt of MISO Services or otherwise applied or remitted for the benefit of the Participant; provided, however, that CMMPA shall have the right to retain any such remaining Revenues pursuant to the terms of Section 404(8) or 801 of this Agreement. (b) Application of Other CMMPA-Owned Transmission Proiect Revenues. If, at any time during the term of this Agreement, CMMPA is providing Transmission Owner Services to the Participant with respect to any CMMPA- Owned Transmission Projects other than the Brookings Transmission Project, the application of any Revenues properly allocable to the Participant for such month with respect to such CMMPA-Owned Transmission Project shall be consistent with the terms applicable the Brookings Transmission Project as set forth in Section 503(a). Section 504. Application of Revenues Related to Participant-Owned Transmission Facilities. For each month of each Contract Year during the term of this Agreement, the Revenues, if any, properly allocable to the Participant for such month in accordance with Section S02 for Participant-Owned Transmission Facilities shall be credited, after deducting amounts due under this Agreement for Transmission Owner Services, against any other amounts due from Participant in connection with the Participant's receipt of MISO Services or otherwise applied or remitted for the benefit Participant; provided, however, that CMMPA shall have the right to retain any such remaining Revenues pursuant to the terms of Section 404(g), 307, or 801 of this Agreement. ARTICLE 6 BUDGET, BILLING, AND PAYMENT OBLIGATIONS Section 601. Annual Budget. (a) At least 90 days before the start of each Contract Year (beginning with the first full Contract Year following the Contract Year during which the Initial Effective Date occurs), CMMPA shall deliver to the Participant a preliminary Annual Budget for the Contract Year, which shall: (i) set forth all the components of Monthly Transmission Owner Services Costs in accordance with in Attachment 2; (iij set forth a monthly estimate of Revenues; 3l