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Transmission Owner Services and Asset Assignment Agreement <br />Section 403. Services Administration Committee ..................................................25 <br />Section 404. Participant Records; Information to be Provided by CMMPA <br />and Participant ................................................................................................26 <br />Section 405. Insurance ............................................................................................28 <br />Section 406. Delivery of Participant Opinion .........................................................28 <br />ARTICLE 5 ......................................................................................................................29 <br />Section 501. Definition of Revenues .......................................................................29 <br />Section 502. Allocations of Revenues as Among Projects, Facilities, and <br />Participants .....................................................................................................2 9 <br />Section 503. Application of Revenues Related to CMMPA-Owned <br />Transmission Projects .....................................................................................30 <br />Section 504. Application of Revenues Related to Participant-Owned <br />Transmission Facilities ...................................................................................31 <br />ARTICLE 6 ......................................................................................................................31 <br />Section 601. Annual Budget ....................................................................................31 <br />Section 602. Billing Statement ................................................................................33 <br />Section 603. Billing Adjustments ............................................................................34 <br />Section 604. Billing Disputes ......................... <br />. .........................................................34 <br />ARTICLE 7 ......................................................................................................................35 <br />Section 701. Reports ...............................................................................................35 <br />Section 702. CMMPA Records and Accounts ........................................................35 <br />ARTICLE 8 ......................................................................................................................35 <br />Section 801. Failure of the Participant to Pay or Perform .......................................35 <br />Section 802. Default by Another Participant ..........................................................37 <br />ARTICLE 9 ......................................................................................................................38 <br />Section 901. Termination, Amendment, and Waiver ............................................. 38 <br />Section 902. Notices and Communications ............................................................. 38 <br />Section 903. Arbitration .......................................................................................... 39 <br />Section 904. Governing Law and Venue ................................................................ 40 <br />Section 905. Obligations of Good Faith and Fair Dealing; Prudent Utility <br />Practic e ........................................................................................................... 40 <br />Section 906. Severability ......................................................................................... 40 <br />Section 907. Assignment of Agreement by Participant .......................................... 40 <br />Section 908. No Unreasonable Adverse Distinction .............................................. 41 <br />Section 909. Confidentiality of Information ........................................................... 41 <br />• Section 910. Relationship to Other Instruments ......................................................41 <br />ii <br />