Notice to the ISO and the PX. No later than six (6) Business Days after the Settlement Effective Date, the California Parties shall advise the ISO and the PX that the full amount of the Reliant Receivables has been assigned to the California Parties pursuant to Section 4.2.1, and such assigned Reliant Receivables shall be applied to the funding of the consideration provided for in this Agreement. The California Parties also shall identify for the PX the amounts of any Deemed Distributions, as provided for in Section 6.4.2.
Notice to the ISO and the PX. No later than six (6) Business Days after the Settlement Effective Date, the California Parties will advise the ISO and the PX that $15,000,000 of the Enron Receivables that have been assigned to the California Parties pursuant to Sections 4.1.1, 4.3, and 4.5 shall be applied to the funding of the consideration provided for in this Agreement, and shall identify for the PX the amounts of any Deemed Distributions, as provided for in Section 6.5. After the amount of the Remaining Enron Receivables is finally determined by FERC, the California Parties will advise the ISO and PX of any amounts of Remaining Enron Receivables that, having been assigned to the California Parties pursuant to Sections 4.1.1, 4.3, and 4.5, shall be applied to the funding of the consideration provided for in this Agreement. Contemporaneous with any such notice or advise, the California Parties will provide Enron with the same notice.
