Irrevocable Standby Letter of Credit. A. On or before the issuance of the Notice to Proceed in accordance with Section 5.2B, Contractor shall deliver to Owner an irrevocable standby letter of credit in the amount of ten percent (10%) of the Contract Price (“
Appears in 14 contracts
Samples: Escrow Agreement (Tellurian Inc. /De/), Procurement and Construction Agreement (Tellurian Inc. /De/), Procurement and Construction Agreement (Tellurian Inc. /De/)
Irrevocable Standby Letter of Credit. A. On or before the issuance of the Notice to Proceed in accordance with Section 5.2B5.2, Contractor shall deliver to Owner an irrevocable standby letter of credit in the amount of ten percent (10%) of the Contract Price (“
Appears in 3 contracts
Samples: Procurement and Construction Agreement (Cheniere Corpus Christi Holdings, LLC), Procurement and Construction Agreement (Corpus Christi Pipeline GP, LLC), Procurement and Construction Agreement (Cheniere Energy Inc)
Irrevocable Standby Letter of Credit. A. On or before the issuance of the Notice to Proceed for Subproject 6(a) in accordance with Section 5.2B5.2A, Contractor shall deliver to Owner an irrevocable standby letter of credit in the amount of ten percent (10%) of the Contract Price Applicable to Subproject 6(a) (“
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