1. Collateral Documents
Vanessa Spells
August 17, 2016

2. Market Participant Letter of Credit
Collateral Documents
Market Participant Letter of Credit
Change “Issuing Bank” to “Issuer”
Allow presentation by
Surety Bond
Change Section 4 to refer to the credit rating as reflected in Section (1)(c) (ii)
Refer to ‘Bank Business Day’ and align definition
Foreign Market Participant Guarantee Agreement
Correct reference to Section 21 (instead of Section 25) in Section 12(a)(ii) (related to Process Agent)
Market Participant Guarantee Agreement
Change payment period from 2 days to 1 day to align with ERCOT Standard Form Agreement
General
Correct format and spelling errors in all documents