the next agreement before you ask a dealer agreement with two banks, luke capital and morgan staney. luke would be the initial bank and we would access morgan if we needed to. the dealer agreement solicits a range -- the sales of cp and it has -- they have to be sold in accordance with the terms in the dealer agreement. it's not less than one year in the term and the cost is not to exceed .05% per annum of the weighted average cost, the average principal cp that is outstanding each quarter. the next item is commercial paper memorandum that explains the security of the notes, including the bank letter of credit and utilized by the dealer as a disclosure -- and the cp -- the memo has no material disclosure about the mta. lastly, the item -- the commercial paper administration is joint by between us and the office of public finance. since they are already in the business and have the capacity, they will be drawing down on our behalf, but we will be initiating the request. so that is the agreement that we reached which i think works well for both of us. now this is the good news of our --