Common use of CREDIT AND COLLATERAL REQUIREMENTS Clause in Contracts

CREDIT AND COLLATERAL REQUIREMENTS. (i) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit F. (ii) Seller shall post and thereafter maintain the Performance Assurance, in accordance with Section 2(a) of Exhibit F, in an amount equal to [Option 1: 12 months of expected total As-Available Contract Capacity revenues] [Option 2: 12 months of expected total revenues] [Option 3: five percent of the expected total revenues] [Option 4: [As proposed by Seller, subject to Buyer’s acceptance in its sole discretion]] of the Generating Facility under this Agreement (the “Performance Assurance Amount”). The initial Performance Assurance Amount equals $[ ]. The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production. {Buyer Comment: Select one of the three options for posting Performance Assurance listed above. Alternatively, Seller may propose a fourth option for posting Performance Assurance, which is subject to Buyer’s acceptance in its sole discretion.} (iii) Seller shall comply with all of the provisions of Exhibit F.

CREDIT AND COLLATERAL REQUIREMENTS. (i) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit F. (ii) Seller shall post and thereafter maintain the Performance Assurance, in accordance with Section 2(a) of Exhibit F, in an amount equal to [Option 1: 12 months of expected total As-Available Net Contract Capacity revenues] [Option 2: 12 months of expected total revenues] [Option 3: five percent of the expected total revenues] [Option 4: [As proposed by Seller, subject to Buyer’s acceptance in its sole discretionfurther negotiations between the Parties]] of the Generating Facility under this Agreement (the “Performance Assurance Amount”). ) The initial Performance Assurance Amount equals $[ ]. The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production. {Buyer Comment: Select one of the three options for posting Performance Assurance listed above. Alternatively, Seller may propose a fourth option provide, at its option, an alternative to the options listed above for posting Performance Assurance, which is option shall be subject to Buyer’s acceptance in its sole discretionfurther negotiations between the Parties.} (iii) Seller shall comply with all of the provisions of Exhibit F.