Common use of Collateral Requirement Clause in Contracts

Collateral Requirement. [The Collateral Requirement is equal to twenty thousand dollars ($20,000.00) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _.00).] [For all Projects except Projects with a High Hazard Fuel Requirement] OR [The Collateral Requirement is equal to the greater of (i) an amount equal to (a) the Contract Price minus $199.72/MWh, multiplied by (b) 1.5, multiplied by (c) the highest annual Contract Quantity(MWh/yr) committed in the Delivery Term Contract Quantity Schedule set forth in the Cover Sheet Section D, for a total of [Dollar amount in words] ($ _.00)]; or (ii) twenty thousand dollars ($20,000) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _ .00).] [For all Projects with a High Hazard Fuel Requirement]

Collateral Requirement. [The Collateral Requirement is equal to twenty thousand dollars ($20,000.00) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _.00).] [For all Projects except Projects with a High Hazard Fuel Requirement] OR [The Collateral Requirement is equal to the greater of (i) an amount equal to (a) the Contract Price minus $199.72/MWh, multiplied by (b) 1.5, multiplied by (c) the highest annual Contract Quantity(MWh/yr) committed in the Delivery Term Contract Quantity Schedule set forth in the Cover Sheet Section D, for a total of [Dollar amount in words] ($ _.00)]; or (ii) twenty thousand dollars ($20,000) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _ .00).] [For all Projects with a High Hazard Fuel Requirement]

Collateral Requirement. [The Collateral Requirement is equal to twenty thousand dollars ($20,000.00) for f or each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _.00).] [For all Projects except Projects with a High Hazard Fuel Requirement] OR [The Collateral Requirement is equal to the greater of (i) an amount equal to (a) the Contract Price minus $199.72/MWh, multiplied by (b) 1.5, multiplied by (c) the highest annual Contract Quantity(MWh/yr) committed in the Delivery Term Contract Quantity Schedule set forth in the Cover Sheet Section D, for a total of [Dollar amount in words] ($ _.00)]; or (ii) twenty thousand dollars ($20,000) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _ .00).] [For all Projects with a High Hazard Fuel Requirement]