Common use of Default Security Clause in Contracts

Default Security. Buyer may apply the Credit Support Security at any time to reduce amounts due from Seller to Buyer under this Agreement which are not paid when due.

Appears in 7 contracts

Samples: Tolling Agreement, Power Purchase Agreement, Tolling Agreement

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Default Security. Buyer may apply the Credit Support Security at any time to reduce amounts due from Seller to Buyer under this Agreement which are not paid when due.. 48‌ SECTION 11

Appears in 1 contract

Samples: Tolling Agreement

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Default Security. Buyer may apply the Credit Support Security at any time to reduce amounts due from Seller to Buyer under this Agreement which are not paid when duexxx.Xxxxxx Support Security. Buyer may apply the Credit Support Security at any time to reduce amounts due from Seller to Buyer under this Agreement which are not paid when due.‌

Appears in 1 contract

Samples: Power Purchase Agreement

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