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.

Appears in 2 contracts

Samples: Standard Energy Sales Agreement, Energy Sales Agreement

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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.

Appears in 2 contracts

Samples: Energy Sales Agreement, Standard Energy Sales Agreement

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