Credit Support. If Lessor has reasonable grounds for insecurity regarding the performance of Lessee’s obligations hereunder, Lessor may require Lessee to provide credit support in the amount, form and for the term reasonably acceptable to Lessor, including but not limited to, a letter of credit, a prepayment, or a guaranty.
Appears in 5 contracts
Samples: Lease Agreement (InfraREIT, Inc.), Lease Agreement (InfraREIT, Inc.), Lease Agreement (InfraREIT, Inc.)
Credit Support. If Lessor has reasonable grounds for insecurity regarding the performance of Lessee’s obligations hereunder, Lessor may require Lessee to provide credit support in the amount, form and for the term reasonably acceptable to Lessor, including but not limited to, a letter of credit, a prepayment, or a guaranty.
Appears in 2 contracts
Samples: Permian Lease Agreement (InfraREIT, Inc.), Crez Lease Agreement (InfraREIT, Inc.)
Credit Support. If Lessor has reasonable grounds for insecurity regarding the performance of Lessee’s obligations hereunder, Lessor may require Lessee to provide credit support in the amount, form and for the term reasonably acceptable to Lessor, including but not limited to, a letter of credit, a prepayment, or a guaranty.. XXXXXXX/XXXXX/XXXXXXX ASSETS LEASE AGREEMENT
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