Common use of Performance Assurance Threshold Clause in Contracts

Performance Assurance Threshold. Notwithstanding the provisions of subparagraphs (i) and (ii) above, no Performance Assurance shall be required to be posted by either Customer or EKPC if the current sum of the Early Customer Termination Payment or the Supplier Early Termination Payment, as applicable, is equal to or less than $5,000.

Appears in 4 contracts

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement, Commercial and Industrial Renewable Energy Program Purchase Agreement, Guaranty Agreement

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