Common use of Planned Net Revenues for Risk Clause in Contracts

Planned Net Revenues for Risk. The rates under this Agreement are based on the assumption that Bonneville’s power revenue requirement will not contain Planned Net Revenues for Risk (“PNRR”) or any risk mitigation tool that performs an equivalent function to PNRR or any other non-cost driven component to: (1) support Bonneville’s power Treasury Payment Probability, (2) support Bonneville’s credit rating, or (3) enhance Bonneville’s financial strength or financial standing by improving Bonneville’s cash position. If Bonneville adopts any such non-cost driven revenue requirement component (“NonCostPNRR”) in its overall power revenue requirement as determined in the BP-16 Final Proposal, then the following will apply:

Planned Net Revenues for Risk. The rates under this Agreement are based on the assumption that Bonneville’s power revenue requirement will not contain Planned Net Revenues for Risk (“PNRR”) or any risk mitigation tool that performs an equivalent function to PNRR or any other non-cost driven component to: (1) support Bonneville’s power Treasury Payment Probability, (2) support Bonneville’s credit rating, or (3) enhance Bonneville’s financial strength or financial standing by improving Bonneville’s cash position. If Bonneville adopts any such non-cost driven revenue requirement component (“NonCostPNRR”) in its overall power revenue requirement as determined in the BP-16 Final Proposal, then the following will apply: