Common use of Performance Security Failure Clause in Contracts

Performance Security Failure. The failure of Seller to maintain or replace the Performance Security in compliance with Section 5.7.

Appears in 2 contracts

Samples: Power Sales Agreement, Power Sales Agreement

AutoNDA by SimpleDocs

Performance Security Failure. The failure of Seller to maintain or replace the Performance Security in compliance with Section 5.75.9.

Appears in 2 contracts

Samples: Power Purchase Agreement (Ormat Technologies, Inc.), Power Purchase Agreement

AutoNDA by SimpleDocs

Performance Security Failure. The failure of Seller to maintain or replace the Performance Security in compliance with Section 5.75.9.

Appears in 2 contracts

Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!