Common use of CREDIT AND COLLATERAL REQUIREMENTS; PERFORMANCE ASSURANCE Clause in Contracts

CREDIT AND COLLATERAL REQUIREMENTS; PERFORMANCE ASSURANCE. 7.1 Performance Assurance. Seller’s Performance Assurance. Performance Assurance requirement is applicable with respect to Seller, but not with respect to Buyer. For purposes of this Agreement, the Increased Collateral Requirement is applicable if the Delivery of one

CREDIT AND COLLATERAL REQUIREMENTS; PERFORMANCE ASSURANCE. 7.1 Performance Assurance. Seller’s Performance Assurance. Performance Assurance requirement is applicable with respect to Seller, but not with respect to Buyer. For purposes of this Agreement, the Increased Collateral Requirement is applicable if the Delivery of one.