Assignment to Affiliates To request an assignment to an affiliate, the following documentation must be submitted to the CAISO prior to the requested effective date of the assignment: Written confirmation from the Participating TO that the intended Assignee meets the credit-worthiness requirements to fulfill any financial obligations that may be assumed under the assignment. The credit of the Assignee must be greater than or equal to the credit of the Assignor at the time the obligation was originally granted. For information regarding the credit-worthiness requirements, please contact the Participating TO’s Project Manager. Email conformation from the Participating TO will be sufficient to meet this requirement. Company documentation showing the affiliate relationship (i.e., membership agreement, operating agreement); and A executed Assignment Agreement or Assignment and Assumption Agreement between the Assignee and Assignor to confirm the transfer and effective date. The CAISO does not have a required format for an Assignment Agreement or Assignment and Assumption Agreement. The form and content of the agreement is at the discretion of the Assignee and Assignor; however, the final agreement must contain the following information: The full and correct legal names of both the Assignor and Assignee; The effective date of the assignment; and Updated contact information for notifications. Assignment to Non-Affiliates To request a consent to assignment to a non-affiliate entity, the following documentation must be submitted to the CAISO prior to the requested effective date of the assignment: CAISO’s consent prior to assignment. The CAISO Consent to Assignment template will be provided upon written request. This request may be made by contacting . Written confirmation from the Participating TO that the intended Assignee meets the credit-worthiness requirements to fulfill any financial obligations that may be assumed under the assignment. The credit of the Assignee must be greater than or equal to the credit of the Assignor at the time the obligation was originally granted. For information regarding the credit-worthiness requirements, please contact the Participating TO’s Project Manager. Email conformation from the Participating TO will be sufficient to meet this requirement. A executed Assignment Agreement or Assignment and Assumption Agreement between the Assignee and Assignor to confirm the transfer and effective date. The CAISO does not have a required format for an Assignment Agreement or Assignment and Assumption Agreement. The form and content of the agreement is at the discretion of the Assignee and Assignor; however, the final agreement must contain the following information: The full and correct legal names of both the Assignor and Assignee;
Assignment to Affiliates To request an assignment to an affiliate, the following documentation must be submitted to the CAISO prior to the requested effective date of the assignment: Written confirmation from the Participating TO that the intended Assignee meets the credit-worthiness requirements to fulfill any financial obligations that may be assumed under the assignment. The credit of the Assignee must be greater than or equal to the credit of the Assignor at the time the obligation was originally granted. For information regarding the credit-worthiness requirements, please contact the Participating TO’s Project Manager. Email conformation from the Participating TO will be sufficient to meet this requirement. Company documentation showing the affiliate relationship (i.e., membership agreement, operating agreement); and A executed Assignment Agreement or Assignment and Assumption Agreement between the Assignee and Assignor to confirm the transfer and effective date. The CAISO does not have a required format for an Assignment Agreement or Assignment and Assumption Agreement. The form and content of the agreement is at the discretion of the Assignee and Assignor; however, the final agreement must contain the following information: The full and correct legal names of both the Assignor and Assignee; The effective date of the assignment; and Updated contact information for notifications. Assignment to Non-Affiliates To request a consent to assignment to a non-affiliate entity, the following documentation must be submitted to the CAISO prior to the requested effective date of the assignment: CAISO’s consent prior to assignment. The CAISO Consent to Assignment template will be provided upon written request. This request may be made by contacting . Written confirmation from the Participating TO that the intended Assignee meets the credit-worthiness requirements to fulfill any financial obligations that may be assumed under the assignment. The credit of the Assignee must be greater than or equal to the credit of the Assignor at the time the obligation was originally granted. For information regarding the credit-worthiness requirements, please contact the Participating TO’s Project Manager. Email conformation from the Participating TO will be sufficient to meet this requirement. A executed Assignment Agreement or Assignment and Assumption Agreement between the Assignee and Assignor to confirm the transfer and effective date. The CAISO does not have a required format for an Assignment Agreement or Assignment and Assumption Agreement. The form and content of the agreement is at the discretion of the Assignee and Assignor; however, the final agreement must contain the following information: The full and correct legal names of both the Assignor and Assignee;
BPM_for_GeneratorManagement_V22_clean.docx