Common use of Collateral Requirement Calculation Clause in Contracts

Collateral Requirement Calculation. (i) The “Collateral Requirement” for Seller during the Services Term is the amount calculated which is equal to (x) less (y), but no less than zero and no more than $250,000 per MW [or $125,000 per MW if 36 months applies] for the aggregate Maximum Contract Capacity for all the Units, where:

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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