At 10:45 am today, Jan 6th, we sent a notice to TVA advising them that a  Triggering Event under the MOPA had occurred.
As a result of the Triggering  Event, EPMI has the right to suspend deliveries and/or to terminate the  MOPA.
At this point, we have not elected to suspend deliveries or to  terminate the MOPA.
Accordingly, our performance under the MOPA at this  point will not be impacted and we will continue to perform under the terms of  the MOPA.
The letter also sets forth a proposal to TVA pursuant to which EPMI would be  willing to continue performing under the MOPA.
This proposal is conditioned  on  TVA allowing EPMI to seek a judicial determination of its rights and  TVA  paying market-based rates for the energy delivered by EPMI to TVA under the  MOPA  pending the judicial proceedings.
If you have any questions, please call me at 36349.

TVA MOPA - Notification of Triggering Event

At <NUMBER>:<NUMBER> am today, Jan 0th, we sent a notice to TVA advising them that a Triggering Event under the MOPA had occurred.
As a result of the Triggering Event, EPMI has the right to suspend deliveries and/or to terminate the MOPA.
At this point, we have not elected to suspend deliveries or to terminate the MOPA.
Accordingly, our performance under the MOPA at this point will not be impacted and we will continue to perform under the terms of the MOPA.
The letter also sets forth a proposal to TVA pursuant to which EPMI would be willing to continue performing under the MOPA.
This proposal is conditioned on TVA allowing EPMI to seek a judicial determination of its rights and TVA paying market-based rates for the energy delivered by EPMI to TVA under the MOPA pending the judicial proceedings.
If you have any questions, please call me at <NUMBER>.
tva mopa pending letter sets allowing epmi seek judicial proceedings questions advising triggering event suspend deliveries terminate point impacted rates energy elected