| transition charges, the POLR shall have the right to direct the transmission
and distribution utility to terminate transmission and distribution service
to the end-use customer for non-payment by the end-use customer pursuant to
applicable commission rules.
(11) Precedence and modifications of REP standards in a financing
order.
(A) Compliance with financing order standards. If the REP standards
in the applicable financing order are in direct conflict with the standards
in this section, then the REP must comply with the REP standards stated in
the financing order, instead of the standards stated in this section, unless
the standards of the financing order have been modified and approved according
to subparagraph (B) of this paragraph.
(B) Commission modification of standards. The commission may
impose standards on REPs that are different from those in the applicable financing
order but only if the commission receives prior written confirmation from
each rating agency that rated the transition bonds authorized by that financing
order that the proposed modifications will not cause a suspension, withdrawal,
or downgrade of ratings on the transition bonds.
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