Common use of Credit Assurances Clause in Contracts

Credit Assurances. If Party A has reasonable grounds to believe that Party B’s creditworthiness or performance under this Agreement has become unsatisfactory, Party A will provide Party B with written notice requesting Performance Assurance in an amount determined by Party A in a commercially reasonable manner. Upon receipt of such notice Party B shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. In the event that Party B fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A will be entitled to the remedies set forth in Article Five of this Master Agreement.

Credit Assurances. If Party A B has reasonable grounds to believe that Party BA’s creditworthiness or performance under this Agreement has become unsatisfactory, Party A B will provide Party B A with written notice requesting Performance Assurance in an amount determined by Party A B in a commercially reasonable manner. Upon receipt of such notice Party B A shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. B. In the event that Party B A fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A B within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A B will be entitled to the remedies set forth in Article Five of this Master Agreement.

Credit Assurances. If Party A has reasonable grounds to believe that ----------------- Party B’s 's creditworthiness or performance under this Agreement has become unsatisfactory, Party A will provide Party B with written notice requesting Performance Assurance in an amount determined by Party A in a commercially reasonable manner. Upon receipt of such notice Party B shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. In the event that Party B fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A will be entitled to the remedies set forth in Article Five of this Master Agreement.

Credit Assurances. If Party A B has reasonable grounds to believe that Party B’s A's creditworthiness or performance under this Agreement has become unsatisfactory, Party A B will provide Party B A with written notice requesting Performance Assurance in an amount determined by Party A B in a commercially reasonable manner. Upon receipt of such notice Party B A shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. B. In the event that Party B A fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A B within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A B will be entitled to the remedies set forth in Article Five of this Master Agreement.

Credit Assurances. If Party A B has reasonable grounds to believe ----------------- that Party B’s A's creditworthiness or performance under this Agreement has become unsatisfactory, Party A B Original Sheet No. 33 will provide Party B A with written notice requesting Performance Assurance in an amount determined by Party A B in a commercially reasonable manner. Upon receipt of such notice Party B A shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. B. In the event that Party B A fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A B within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A B will be entitled to the remedies set forth in Article Five of this Master Agreement.

Credit Assurances. If Party A has reasonable grounds to believe that Party B’s 's creditworthiness or performance under this Agreement has become unsatisfactory, Party A will provide Party B with written notice requesting Performance Assurance in an amount determined by Party A in a commercially reasonable manner. Upon receipt of such notice Party B shall have three (3) Business Days to remedy the situation by providing such Performance Assurance to Party A. In the event that Party B fails to provide such Performance Assurance, or a guaranty or other credit assurance acceptable to Party A within three (3) Business Days of receipt of notice, then an Event of Default under Article Five will be deemed to have occurred and Party A will be entitled to the remedies set forth in Article Five of this Master Agreement.