Common use of Duty of Levelized Security to Pay Amounts Due to PacifiCorp Clause in Contracts

Duty of Levelized Security to Pay Amounts Due to PacifiCorp. If Seller fails to pay any amount due to PacifiCorp within the time provided for payment under this Agreement, PacifiCorp may draw upon the Levelized Security. PacifiCorp shall also be entitled to draw upon the Levelized Security for damages arising if this Agreement is terminated under SECTION 11 because of Seller's default. Nothing in this Section 8.3 limits any of PacifiCorp’s other rights and remedies under this Agreement.

Appears in 3 contracts

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

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Duty of Levelized Security to Pay Amounts Due to PacifiCorp. If Seller fails to pay any amount due to PacifiCorp within the time provided for payment under this Agreement, PacifiCorp may shall be entitled to and shall draw upon the Levelized Security. PacifiCorp shall also be entitled to draw upon the Levelized Security for damages arising if this Agreement is terminated under SECTION 11 because of Seller's default. Nothing in this Section 8.3 limits any of PacifiCorp’s other rights and remedies under this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty of Levelized Security to Pay Amounts Due to PacifiCorp. If Seller fails to pay any amount due to PacifiCorp within the time provided for payment under this Agreement, PacifiCorp may shall be entitled to and shall draw upon the Levelized Security. PacifiCorp shall also be entitled to draw upon the Levelized Security for damages arising if this Agreement is terminated under SECTION Section 11 because of Seller's default. Nothing in this Section 8.3 limits any of PacifiCorp’s other rights and remedies under this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty of Levelized Security to Pay Amounts Due to PacifiCorp. If Seller fails to pay any amount due to PacifiCorp within the time provided for payment under this Agreement, PacifiCorp may shall be entitled to and shall draw upon the Levelized Security. PacifiCorp shall also be entitled to draw upon the Levelized Security for damages arising if this Agreement is terminated under SECTION Section 11 because of Seller's default. Nothing in this Section 8.3 limits any of PacifiCorp’s other rights and remedies under this Agreement.default.‌

Appears in 1 contract

Samples: Power Purchase Agreement

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Duty of Levelized Security to Pay Amounts Due to PacifiCorp. If Seller fails to pay any amount due to PacifiCorp within the time provided for payment under this Agreement, PacifiCorp may shall be entitled to and shall draw upon the Levelized Security. PacifiCorp shall also be entitled to draw upon the Levelized Security for damages arising if this Agreement is terminated under SECTION Section 11 because of Seller's ’s default. Nothing in this Section 8.3 limits any of PacifiCorp’s other rights and remedies under this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

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