ERMU Misc. 12-13-2005 - Laserfiche WebLink

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I di Conditions I 1 0 The Purchase Power Agreement and the specific terms and exact prices contained hciem are confidential and may not be shared with any person or party other than I 1 1 The Paities' officials, employees, consultants and attorneys who have agreed to treat these agreements as confidential. 1 2 The Rural Utilities Service. MAPP, MISO and any successor organization I of these entities and 1 3 As required to comply with applicable law, regulation, court order, lender or regulatory proceeding. I However. the Parties agree that the general structure of these agreements and an approximate total price may be shared publicly and without consent. 2 0 If ownership of the Project is transferred to another party, this Agreement shall I terminate on the day, month, and year that the transfer occurs 3 0 Either Party may assign this Agreement only with the prior written consent of the other Party. which shall not be unreasonably withheld. Nothwithstanding the I aforementioned, GRE shall have the unilateral right to assign this agreement to the Rural Utilities Service or other secured lenders without the consent of ERMU 4 0 Execution of this Agreement is contingent upon: I 4. 1 ERMU obtaining certification of the Projected as a QF from FERC no later than May 31, 2006. 4 2 The fourth engine generator set at the Project beginning Commercialel Operation no later than July 1, 2007. 4.3 GRE receiving approval from its Board of Directors. 4 4 GRE receiving approval from a Dual Percentage of its All-Requirements I Members, and 4 5 GRE obtaining appio%al from the Rural Utilities Service 5 0 This Agreement shall be governed by the laws of the State of Minnesota I ��---PJ.ease review these documents and have the proper authorities execute them I s ( Best egards, ./) I/ -1- ., / /<� �ri� CT ryan Adams, P E General Manager I I • . I