Acceptable Guaranty. Seller may fulfill the requirements of Sections 15.01 and Section 15.02 through an Acceptable Guaranty. If at any time a guaranty provided under this Section 15.05 ceases to be an Acceptable Guaranty, Seller shall provide to NYSERDA replacement Contract Security in the form of cash, certified funds, a substitute Acceptable Guaranty, or Letters of Credit conforming to the requirements of Section 15.01 and Section 15.03 within five (5) Business Days.
Appears in 10 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement
Acceptable Guaranty. Seller may fulfill the requirements of Sections 15.01 and Section 15.02 through an one or more Acceptable GuarantyGuaranties. If at any time a guaranty provided under this Section 15.05 ceases to be an Acceptable Guaranty, Seller shall provide to NYSERDA replacement Contract Security in the form of cash, certified funds, a substitute Acceptable Guaranty, or Letters of Credit conforming to the requirements of Section 15.01 and Section 15.03 within five (5) Business Days.
Appears in 1 contract
Samples: Renewable Energy Certificate Purchase and Sale Agreement
