Common use of Credit Support Obligations Clause in Contracts

Credit Support Obligations. Schedule 7.5 sets forth each guarantee and other credit support obligation of Seller (other than any Assumed Agreement) under or related to the Assumed Agreements (the “Credit Support Obligations”). Buyer agrees that, to the extent reasonably required by a beneficiary of any such Credit Support Obligation, Buyer shall deliver to each such beneficiary a replacement guarantee or other credit support obligation acceptable to such beneficiary, with respect to each Credit Support Obligation of the Seller.

Appears in 3 contracts

Samples: Put Option Agreement (Ameren Energy Generating Co), Asset Purchase Agreement (Ameren Energy Generating Co), Put Option Agreement (Ameren Energy Generating Co)

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Credit Support Obligations. Schedule 7.5 7.8 sets forth each guarantee and other credit support obligation of a Seller Party (other than any Assumed Agreement) under or related to the Assumed Agreements (the “Credit Support Obligations”). Buyer agrees that, to the extent reasonably required by a beneficiary of any such Credit Support Obligation, Buyer shall deliver to each such beneficiary a replacement guarantee or other credit support obligation acceptable to such beneficiary, with respect to each Credit Support Obligation of the SellerSeller Parties.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Aquila Inc), Asset Purchase and Sale Agreement (Aquila Inc)

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