Common use of Credit and Collateral Clause in Contracts

Credit and Collateral. 15 5.1. Seller’s Credit and Collateral Requirements 15 5.2. Grant of Security Interest/Remedies 15 5.3. Reduction and Substitution of Performance Assurance 16 5.4. Administration of Performance Assurance 17 5.5. Exercise of Rights against Performance Assurance 19 5.6. Financial Information 19 5.7. Access to Financial Information 20 5.8. Uniform Commercial Code Waiver 20

Credit and Collateral. 15 14 5.1. Seller’s Credit and Collateral Requirements 15 14 5.2. Grant of Security Interest/Remedies 15 5.3. Reduction and Substitution of Performance Assurance 16 15 5.4. Administration of Performance Assurance 17 5.5. Exercise of Rights against Performance Assurance 19 5.6. Financial Information 19 2019 5.7. Access to Financial Information 20 5.8. Uniform Commercial Code Waiver 2021

Credit and Collateral. 15 14 5.1. Seller’s Credit and Collateral Requirements 15 14 5.2. Grant of Security Interest/Remedies 15 5.3. Reduction and Substitution of Performance Assurance 16 15 5.4. Administration of Performance Assurance 17 5.5. Exercise of Rights against Performance Assurance 19 5.6. Financial Information 19 5.7. Access to Financial Information 20 5.8. Uniform Commercial Code Waiver 2021

Credit and Collateral. 15 14 5.1. Seller’s Credit and Collateral Requirements 15 14 5.2. Grant of Security Interest/Remedies 15 14 5.3. Reduction and Substitution of Performance Assurance 16 15 5.4. Administration of Performance Assurance 17 16 5.5. Exercise of Rights against Performance Assurance 19 18 5.6. Financial Information 19 5.7. Access to Financial Information 20 5.8. Uniform Commercial Code Waiver 20