Provider that its credit requirements are not met or additional credit enhancement is required. 4. DELINQUENCIES AND ADVERSE EVENTS When the Transmission account becomes past due, the Transmission Customer’s Provider will stop conducting any new business with the Transmission Customer until the matter is resolved. Upon notification of a Transmission bankruptcy, no new business will be Customer’s conducted with the Transmission Customer and its credit limit will be reduced to zero. Upon emergence from bankruptcy, the Transmission Customer must be firmly reestablished in the marketplace as evidenced by its return to an investment grade credit status by S&P or or by successfully participating in the market for at Moody’s least one year, before the Transmission Customer can reapply for credit under the regular procedures outlined in this attachment. Contact: Zita C. Gotauco (213) 367-4339 ATTACHMENT M Large Generator Interconnection Procedures
Provider that its credit requirements are not met or additional credit enhancement is required. 4. DELINQUENCIES AND ADVERSE EVENTS When the Transmission Customer’s account becomes past due, the Transmission Provider will stop conducting any new business with the Transmission Customer until the matter is resolved. Upon notification of a Transmission Customer’s bankruptcy, no new business will be conducted with the Transmission Customer and its credit limit will be reduced to zero. Upon emergence from bankruptcy, the Transmission Customer must be firmly reestablished in the marketplace as evidenced by its return to an investment grade credit status by S&P or Moody’s or by successfully participating in the market for at least one year, before the Transmission Customer can reapply for credit under the regular procedures outlined in this attachment. Contact: Zita C. Gotauco (213) 367-4339 ATTACHMENT M Large Generator Interconnection Procedures