Common use of Interest Payments on Cash Deposits Clause in Contracts

Interest Payments on Cash Deposits. Buyer shall make monthly Simple Interest Payments, calculated using the Federal Funds Effective Rate, to Seller on cash amounts posted for the Development Security and Performance Assurance. Upon receipt of a monthly invoice that sets forth the calculation of the Simple Interest Payment amount due, Buyer shall make payment thereof on or before the third Business Day of the first month after the last month to which the invoice relates, so long as such date is after the day on which such invoice is received; provided, however, that: No Event of Default has occurred and is continuing with respect to Seller; and No Early Termination Date for which any unsatisfied payment obligation of Seller exists, has occurred or has been designated as the result of an Event of Default by Seller. On or after the occurrence of an Event of Default by Seller or an Early Termination Date as a result of an Event of Default by Seller, Buyer shall retain any such Simple Interest Payment amount as an additional Development Security amount or a Performance Assurance amount hereunder until: In the case of an Early Termination Date, the obligations of Seller under this Agreement have been satisfied; or In the case of an Event of Default, for so long as such Event of Default is continuing. *** End of Exhibit F *** EXHIBIT G

Interest Payments on Cash Deposits. Buyer shall make monthly Simple Interest Payments, calculated using the Federal Funds Effective Rate, to Seller on cash amounts posted for the Development Security and Performance Assurance. Upon receipt of a monthly invoice that sets forth the calculation of the Simple Interest Payment amount due, Buyer shall make payment thereof on or before the third Business Day of the first month after the last month to which the invoice relates, so long as such date is after the day on which such invoice is received; provided, however, that: No Event of Default has occurred and is continuing with respect to Seller; and No Early Termination Date for which any unsatisfied payment obligation of Seller exists, has occurred or has been designated as the result of an Event of Default by Seller. On or after the occurrence of an Event of Default by Seller or an Early Termination Date as a result of an Event of Default by Seller, Buyer shall retain any such Simple Interest Payment amount as an additional Development Security amount or a Performance Assurance amount hereunder until: In the case of an Early Termination Date, the obligations of Seller under this Agreement have been satisfied; or In the case of an Event of Default, for so long as such Event of Default is continuing. *** End of Exhibit F D *** EXHIBIT GE

Interest Payments on Cash Deposits. Buyer shall make monthly Simple Interest Payments, calculated using the Federal Funds Effective Rate, to Seller on cash amounts posted for the Development Security and Performance Assurance. Upon receipt of a monthly invoice that sets forth the calculation of the Simple Interest Payment amount due, Buyer shall make payment thereof on or before the third (3rd) Business Day of the first month after the last month to which the invoice relates, so long as such date is after the day on which such invoice is received; provided, however, that: No Event of Default has occurred and is continuing with respect to Seller; and No Early Termination Date for which any unsatisfied payment obligation of Seller exists, has occurred or has been designated as the result of an Event of Default by Seller. On or after the occurrence of an Event of Default by Seller or an Early Termination Date as a result of an Event of Default by Seller, Buyer shall retain any such Simple Interest Payment amount as an additional Development Security amount or a Performance Assurance amount hereunder until: In the case of an Early Termination Date, the obligations of Seller under this Agreement have been satisfied; or In the case of an Event of Default, for so long as such Event of Default is continuing. *** End of Exhibit F *** EXHIBIT G