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<br />e <br /> <br />e <br /> <br />that none of the five types of filings set out in this paragraph shall constitute force majeure events <br /> <br />described in paragraph VI.A (unless such filings are required by new laws or regulations.) <br /> <br />C. During the Rate Cap Period, HL&P shall not initiate any proceeding to <br />increase, directly or indirectly, the O&M charge applicable to Rates IS-I, [S-10, SBt and NEP, <br />which charge shall remain at 1.204 mills/kwh. This provision shall not limit the right of any <br />entity other than HL&P to seek to change the O&M charge in any proceeding during the Rate Cap <br />Period nor shall it limit in any way the positions HL&P or any other entity may take.in response <br />to another entity's proposal to change the O&M charge for anyone or more of Rates IS-I, 15-10, <br />SBI and NEP. Thus, if in any proceeding during the Rate Cap Period, any entity proposes to <br />change the O&M charge applicable to one or more of the Rates IS-I, 15-10, 581 and NEP, HL&P <br />and any other entity may take any position it chooses regarding the O&M charges for the same <br />Rates as are covered by that entity's proposal or for any or all of the other Rates IS-I, 15-10, S81 <br />and NEP. This paragraph shall not limit the right of any entity, including HL&P, to propose <br />changes to the methodology for calculating the Period Avoided Cost under Rates IS-I, IS-10, SBI <br />and NEP, as approved by the Final Order in Docket No. 7044. <br />D. Each regulatory authority exercising jurisdiction over HL&P retains the <br />right, on complaint or on its own motion, to initiate a Section 42 proceeding against HL&P. If, <br />during the Rate Cap Period, any proceeding is initiated by the Commission or any other regulatory <br />authority to reduce HL&P's rates below the levels set out in Appendix C, nothing in this <br />Agreement shall restrict HL&P's right to defend against the proceeding in any manner it deems <br />appropriate including a right to file and make effective a Section 43 base rate increase in the <br /> <br />HOUOJ:9l1046 <br /> <br />-17- <br />