Common use of EEI Master Cover Sheet Elections Clause in Contracts

EEI Master Cover Sheet Elections. The following constitute the cover sheet elections made by the Parties to this Confirmation Agreement. Article Two Transaction Terms and Conditions [] Optional provision in Section 2.4. If not checked, inapplicable. Article Four Remedies for Failure to Deliver or Receive [x] Accelerated Payment of Damages. If not checked, inapplicable. Article Five [x] Cross Default for Party A: [] Party A: Cross Default Amount $50,000,000 [] Other Entity: Party A’s Guarantor [If applicable, check the box] Cross Default Amount $50,000,000 [x] Cross Default for Party B: [x] Party B: Cross Default Amount $50,000,000 [] Other Entity: Cross Default Amount $ 5.6 Closeout Setoff [x] Option A (Applicable if no other selection is made.) [] Option B - Affiliates shall have the meaning set forth in the Agreement unless otherwise specified as follows: [] Option C (No Setoff)

Appears in 17 contracts

Samples: Confirmation Agreement, Confirmation Agreement, Confirmation Agreement

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