Common use of Credit Assurances Clause in Contracts

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

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

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

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

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

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

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