Common use of Cost and Proceeds of Credit Support Clause in Contracts

Cost and Proceeds of Credit Support. All costs associated with obtaining any credit support required by Section 16.2 hereof shall be the sole responsibility of the T&D. The Provider may use, apply or retain the whole or any part of the proceeds of credit support issued in its favor for the payment of amounts owed by the T&D hereunder.

Cost and Proceeds of Credit Support. All costs associated with obtaining any credit support required by Section 16.2 17.2 hereof shall be the sole responsibility of the T&D. The Provider may use, apply or retain the whole or any part of the proceeds of credit support issued in its favor for the payment of amounts owed by the T&D hereunder.