The Purchase Contract was executed on April 9, 1998, and was subsequently amended to extend the contract and to waive certain requirements under the Purchase Contract. Lubbock Power & Light (LP&L) no longer has a business relationship with TMGC for the purchase of gas, and has terminated the Purchase Contract, according to its terms upon the expiration of the initial term and before any automatic yearly renewals could take effect after December 31, 2021. |