Guarantees and Other Security. 15.2.1 Developer delivered to TxDOT security in the amount of $10 million in the form of [insert description of security provided in accordance with Proposal], in accordance with the terms of the RFP. At all times during the term of this Agreement, Developer shall maintain such security in full force and effect (or replacement security meeting the requirements of Section 15.2.3), provided that the amount of such security shall be subject to adjustment in accordance with Sections 15.2.2 and 15.2.3.
Guarantees and Other Security. 15.2.1 Developer delivered to TxDOT one or more Guarantees of Developer’s obligations or other security under this Agreement, in accordance with the terms of the RFP.
Guarantees and Other Security. Purchaser shall discharge and terminate guarantees and other security delivered by Seller or other group affiliates (with the exception of the STOXX Companies) for the benefit of any STOXX Companies. Seller agrees to deliver to Purchaser at the latest 20 calendar days prior to Closing Date a correct and complete list of all such guarantees and other security. If Purchaser fails to discharge or terminate any guarantees or other security delivered by Seller and, as a result thereof, Seller is held liable under any guarantee or other security that has not been discharged or terminated, Purchaser shall place Seller in the position in which Seller would have been, had all guarantees and security been discharged and terminated as agreed.
