Common use of Procedure before accessing Financial Security Clause in Contracts

Procedure before accessing Financial Security. Before exercising its right under clause 17.6 ("Right to access Financial Security"), Powerlink must give the Generator: (a) (notice) notice of the amount to be drawn or called on from the Financial Security; and (b) (payment) three Business Days from receiving the notice to pay that amount.

Appears in 2 contracts

Samples: Connection and Access Agreement, Connection and Access Agreement

AutoNDA by SimpleDocs

Procedure before accessing Financial Security. Before exercising its right under clause 17.6 ("Right to access Financial Security"), Powerlink must give the GeneratorCustomer: (a) (notice) notice of the amount to be drawn or called on from the Financial Security; and (b) (payment) three Business Days from receiving the notice to pay that amount.

Appears in 2 contracts

Samples: Connection and Access Agreement, Connection and Access Agreement

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