Common use of Form and Amount of Project Development Security Clause in Contracts

Form and Amount of Project Development Security. If at any xxxx Xxxxxx does not satisfy the Credit Requirements, then on or before the date specified in Section 2.3(a), Seller shall post and maintain in favor of PacifiCorp (a) a guaranty from a party that satisfies the Credit Requirements, in substantially the form attached hereto as Exhibit 8.2.1, or (b) a Letter of Credit in favor of PacifiCorp, in a form acceptable to PacifiCorp in its reasonable discretion, equal in each case to per kW of Expected Nameplate Capacity Rating (the "Project Development Security"). Seller and any party providing a guaranty for Seller shall provide within five Business Days from receipt of a written request from PacifiCorp all reasonable financial records necessary for PacifiCorp to confirm Seller and/or the guarantor satisfies the Credit Requirements.

Form and Amount of Project Development Security. If at any xxxx Xxxxxx does not satisfy the Credit Requirements, then on or before the date specified in Section 2.3(a), Seller shall post and maintain in favor of PacifiCorp (a) a guaranty from a party that satisfies the Credit Requirements, Requirements and in substantially the form attached hereto as Exhibit 8.2.1a from acceptable to PacifiCorp in its reasonable discretion, or (b) a Letter of Credit in favor of PacifiCorp, in a form acceptable to PacifiCorp in its reasonable discretion, equal in each case to per kW of Expected Nameplate Capacity Rating (the "Project Development Security"). Seller and any party providing a guaranty for Seller shall provide within five Business Days from receipt of a written request from PacifiCorp all reasonable financial records necessary for PacifiCorp to confirm Seller and/or the guarantor satisfies the Credit Requirements.

Form and Amount of Project Development Security. If at any xxxx Xxxxxx does not satisfy the Credit Requirements, then on or before the date dates specified in Section 2.3(a2.3(b)(i) and Section 2.3(b)(ii), respectively, Seller shall post and maintain in favor of PacifiCorp (a) a guaranty from a party that satisfies the Credit Requirements, Requirements and in substantially the a form attached hereto as Exhibit 8.2.1acceptable to PacifiCorp in its reasonable discretion, or (b) a Letter of Credit in favor of of‌ PacifiCorp, in a form acceptable to PacifiCorp in its reasonable discretion, equal in each case to per kW of Expected Nameplate Capacity Rating (the "“Project Development Security"”). Seller and any party providing a guaranty for Seller shall provide within five (5) Business Days from receipt of a written request from PacifiCorp all reasonable financial records necessary for PacifiCorp to confirm Seller and/or the guarantor satisfies the Credit Requirements.

Form and Amount of Project Development Security. If at any xxxx Xxxxxx does not satisfy the Credit Requirements, then on or before the date specified in Section 2.3(a2.3(b), respectively, Seller shall post and maintain in favor of PacifiCorp (a) a guaranty from a party that satisfies the Credit Requirements, Requirements and in substantially the a form attached hereto as Exhibit 8.2.1acceptable to PacifiCorp in its reasonable discretion, or (b) a Letter of Credit in favor of PacifiCorp, in a form acceptable to PacifiCorp in its reasonable discretion, equal in each case to per kW of Expected Nameplate Capacity Rating (the "Project Development Security"). Seller and any party providing a guaranty for Seller shall provide within five (5) Business Days from receipt of a written request from PacifiCorp all reasonable financial records necessary for PacifiCorp to confirm Seller and/or the guarantor satisfies the Credit Requirements.