Development Period Security. To guarantee undertaking the performance of Seller's obligations under the Agreement for the period prior to the Commercial Operations Date (including but not limited to Seller's obligation to meet the Guaranteed Commercial Operations Date), Seller shall provide 50% of the Development Period Security to Company within ten (10) Days of Execution Date of the Agreement and the remaining 50% of the Development Period Security within ten (10) Business Days of the execution of the Interconnection Requirements Amendment.
Appears in 22 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Development Period Security. To guarantee undertaking the performance of Seller's obligations under the Agreement for the period prior to the Commercial Operations Date (including but not limited to Seller's obligation to meet the Guaranteed Commercial Operations Date), Seller shall provide 50% of the Development Period Security to Company within ten (10) Days of Execution Date of the Agreement and the remaining 50% of the Development Period Security within ten (10) Business Days of the execution of the Interconnection Requirements AmendmentAgreement.
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Development Period Security. To guarantee undertaking the performance of Seller's ’s obligations under the Agreement for the period prior to the Commercial Operations Operation Date (including but not limited to Seller's ’s obligation to meet the Guaranteed Commercial Operations Operation Date), Seller shall provide 50100% of the Development Period Security to Company within ten (10) Days of Execution Date of the Agreement and the remaining 50% of the Development Period Security Buyer within ten (10) Business Days of the execution Execution Date of the Interconnection Requirements AmendmentAgreement.
Appears in 1 contract
Samples: Non Disclosure Agreement
Development Period Security. To guarantee undertaking the performance of Seller's obligations under the Agreement for the period prior to the Commercial Operations Operation Date (including but not limited to Seller's obligation to meet the Guaranteed Commercial Operations DateOperation Date Deadline), Seller shall provide 50% of the Development Period Security financial security to Company within ten (10) Days of the Execution Date of the Agreement and the remaining 50% in an amount equal to $100/kW of the Contract Firm Capacity (the “Development Period Security within ten (10) Business Days of the execution of the Interconnection Requirements AmendmentSecurity”)[DEVELOPMENT PERIOD SECURITY AMOUNT TO BE DETERMINED PRIOR TO PROVIDING THIS FORM TO SELLER].
Appears in 1 contract
Samples: Power Purchase Agreement
Development Period Security. To guarantee undertaking the performance of Seller's obligations under the Agreement for the period prior to the Commercial Operations Date (including but not limited to Seller's obligation to meet the Guaranteed Commercial Operations Date), Seller shall provide 50% of the Development Period Security to Company within ten ten (10) Days of Execution Date of the Agreement and the remaining 50% of the Development Period Security within ten (10) Business Days of the execution of the Interconnection Requirements AmendmentAgreement.
Appears in 1 contract
Samples: Power Purchase Agreement
Development Period Security. To guarantee undertaking the performance of Seller's obligations under the Agreement for the period prior to the Commercial Operations Operation Date (including but not limited to Seller's obligation to meet the Guaranteed Commercial Operations DateOperation Date Deadline), Seller shall provide 50% of the Development Period Security financial security to Company within ten (10) Days of the Execution Date of the Agreement and the remaining 50% in an amount equal to $100/kW of the additional capacity to be obtained from the 8MW Upgrade (the “Development Period Security within ten (10) Business Days of the execution of the Interconnection Requirements AmendmentSecurity”).
Appears in 1 contract
Samples: Power Purchase Agreement (Hawaiian Electric Co Inc)