Common use of Defaults by Seller Clause in Contracts

Defaults by Seller. (a) Seller fails to post or maintain the Project Development Security, Levelized Security or Default Security as required under, and by the applicable dates set forth in, Section 2 and Section 8, and such failure continues for fifteen (15) days after Seller’s receipt of written notice thereof from PacifiCorp.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Defaults by Seller. (a) Seller fails to post post, increase, or maintain the Project Development Security, Levelized Security or Default Security as required under, and by the applicable dates set forth in, Section 2 and Section 8, 8 and such failure continues for fifteen (15) days after Seller’s receipt of written notice thereof from PacifiCorp.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Defaults by Seller. (a) Seller fails to post post, increase, or maintain the Project Development Security, Levelized Security or Default Security as required under, and by the applicable dates set forth in, Section 2 and Section 8, 8 and such failure continues for fifteen (15) days after SellerXxxxxx’s receipt of written notice thereof from PacifiCorp.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Seller. (a) Seller fails to post post, increase, or maintain the Project Development Security, Levelized Security or Default Security as required under, and by the applicable dates set forth in, in Section 2 and Section 8, 8 and such failure continues for fifteen (15) days after Seller’s receipt of written notice thereof from PacifiCorp.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Defaults by Seller. (a) Seller fails to post post, increase, or maintain the Project Development Security, Levelized Security or Default Security as required under, and by the applicable dates set forth in, Section 2 and Section 8, 8 and such failure continues for fifteen (15) days after Seller’s receipt of written notice thereof from PacifiCorp.

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!