Common use of Default Security Available Clause in Contracts

Default Security Available. If a Default has occurred and has not been cured and if the Seller has posted Default Security, Idaho Power may draw upon that security, in accordance with paragraph 19.2.1 to satisfy any damages.

Default Security Available. If a Default has occurred and has not been cured and if the Seller has posted Default Security, Idaho Power may draw upon that security, in accordance with paragraph 19.2.1 18.2.1 to satisfy any damages.