Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor fails to pay any Obligation when due, the Guarantor shall pay that Obligation directly to Guaranteed Party within 20 Days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.
Appears in 4 contracts
Samples: Unit Contingent Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor fails to pay any Obligation when due, the Guarantor shall will pay that Obligation directly to Guaranteed Party within 20 Days five (5) days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.
Appears in 2 contracts
Samples: Gas Purchase and Sale Agreement (Cheniere Energy Inc), Power Purchase Agreement
Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor fails to pay any Obligation when due, the Guarantor shall will pay that Obligation directly to Guaranteed Party within 20 Days ten business days (10) days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.
Appears in 1 contract
Samples: Power Purchase Agreement
Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor Xxxxxxx fails to pay any Obligation when due, the Guarantor shall will pay that Obligation directly to Guaranteed Party within 20 twenty (20) Days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.
Appears in 1 contract
Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor Xxxxxxx fails to pay any Obligation when due, the Guarantor shall will pay that Obligation directly to Guaranteed Party within 20 twenty (20) Days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.The
Appears in 1 contract
Samples: Power Purchase Agreement
Payment Currency. All sums payable by Guarantor hereunder shall be made in freely transferable and immediately available funds and shall be made in the currency in which the Obligations were due. If Obligor fails to pay any Obligation when due, the Guarantor shall will pay that Obligation directly to Guaranteed Party within 20 Days after written notice to Guarantor by Guaranteed Party. The written notice shall provide a reasonable description of the amount of the Obligation and explanation of why such amount is due.twenty
Appears in 1 contract
Samples: Guaranty
