Common use of Completion and Performance Security Clause in Contracts

Completion and Performance Security. (a) The Parties acknowledge that the Supplier has, as of the Contract Date, provided to the Buyer security in the form described in Section 6.2(a) for the performance of the Supplier’s obligations under this Agreement (the “Completion and Performance Security”) in an amount equal to $[⚫]. [

Completion and Performance Security. (a) The Parties acknowledge that the Supplier has, as of the Contract Date, provided shall provide security to the Buyer security in the form described in Section 6.2(a) upon execution of this Agreement for the performance of the Supplier’s obligations under this Agreement Agreement, in the applicable amount as set out in Section 5.1(b) and in the form described in Section 5.2 (the “Completion and Performance Security”) in an amount equal to $[⚫]). [Effective upon the Term Commencement Date, and provided that the Buyer has determined that any liquidated damages payable by the Supplier under Section

Completion and Performance Security. (a) The Parties acknowledge that the Supplier has, as concurrent with the execution of the Contract Datethis Agreement, provided to the Buyer Sponsor security in the form described in Section 6.2(a6.1(b) for the performance of the Supplier’s obligations under this Agreement (the “Completion and Performance Security”) in an amount equal to $[⚫]. [100,000 per MW multiplied by the Contract Capacity.

Completion and Performance Security. (a) The Parties acknowledge that the Supplier has, as prior to the execution of the Contract Datethis Agreement, provided to the Buyer security in the form described in Section 6.2(a) for the performance of the Supplier’s obligations under this Agreement (the “Completion and Performance Security”) in an amount equal to $[⚫]. [1,000,000 and in the form described in Section 6.2 (the “Initial Completion and Performance Security”).

Completion and Performance Security. (a) The Parties acknowledge that the Supplier has, as of the Contract Date, provided to the Buyer security in the form described in Section 6.2(a) for the performance of the Supplier’s obligations under this Agreement (the “Completion and Performance Security”) in an amount equal to $[⚫]/MW of Maximum Contract‌ Capacity. [NTD: This is based on the Proposal Security amount set out in the LT1 RFP.] [Note to Finalization: To be updated prior to execution.]‌‌