Common use of Aggregate Buyer’s Exposure Clause in Contracts

Aggregate Buyer’s Exposure. In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.

Appears in 13 contracts

Samples: Full Requirements Service Agreement, Full Requirements Service Agreement, Full Requirements Service Agreement

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Aggregate Buyer’s Exposure. In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. . On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.

Appears in 2 contracts

Samples: Supply Master Agreement, Alternative Energy Credit Supply Master Agreement

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