Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i11.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii11.4(a)(ii).
Appears in 2 contracts
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 consecutive month period during the Delivery Term] and in the form of cashcash via wire transfer in immediately available funds, Letter of Credit, or Guaranty Guaranty, provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 2 contracts
Samples: Long Term Resource Adequacy Agreement, Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, or Letter of Credit, or Guaranty Credit provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 2 contracts
Samples: Consent and Agreement, Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 consecutive month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 2 contracts
Samples: Guaranty Agreement, Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Capacity Payments for any 36 month period during the Delivery Term] and in the form of cash, or Letter of Credit, or Guaranty Credit provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i11.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii11.4(a)(ii).
Appears in 2 contracts
Samples: Consent and Agreement, Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Capacity Payments for any 36 month period during the Delivery Term] and in the form of cash, or Letter of Credit, or Guaranty Credit provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 2 contracts
Samples: Consent and Agreement, Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 consecutive month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty Guaranty, provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i11.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii11.4(a)(ii).
Appears in 1 contract
Samples: Capacity Storage Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________$ ) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i11.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii11.4(a)(ii).
Appears in 1 contract
Samples: Financing Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Capacity Payments for any 36 month period during the Delivery Term] and in the form of cash, or Letter of Credit, or Guaranty Credit provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Consent and Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of a) $40/kW multiplied by the Payment Quantity or b) 10% of the sum of the highest estimated Monthly Payments product of Payment Quantity multiplied by the Contract Price for any 36 consecutive month period during the Delivery Term] and in the form of cashcash via wire transfer in immediately available funds, Letter of Credit, or Guaranty Guaranty, provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 consecutive month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with Xxxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i11.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii11.4(a)(ii).
Appears in 1 contract
Samples: Resource Adequacy Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________$ ) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with XxxxxBuxxx’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Guaranty Agreement
Delivery Term Security. Prior to the Initial Delivery Date, Seller shall post Delivery Term Security in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40125/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments for any 36 month period during the Delivery Term] and in the form of cash, Letter of Credit, or Guaranty provided that, with XxxxxBuyer’s consent, Seller may elect to apply the Project Development Security posted pursuant to Section 10.4(a)(i) toward the Delivery Term Security posted pursuant to this Section 10.4(a)(ii).
Appears in 1 contract
Samples: Guaranty Agreement