Common use of Project Development Security Clause in Contracts

Project Development Security. (A) CS-GT Projects with Contract Capacity less than or equal to three (3) MW: Project Development Security pursuant to this Section 8.4(a)(i)(A) in the amount of $20/kW multiplied by the Contract Capacity of the Project as reflected in the Cover Sheet, within thirty (30) days following the Execution Date of this Agreement until Seller posts Delivery Term Security pursuant to Section 8.4(a)(ii) below with Buyer. (B) CS-GT Projects with Contract Capacity greater than three (3) MW: Project Development Security pursuant to this Section 8.4(a)(i)(B) in the amount of $60/kW multiplied by the Contract Capacity of the Project as reflected in the Cover Sheet, within thirty (30) days following the Execution Date of this Agreement until Seller posts Delivery Term Security pursuant to Section 8.4(a)(ii) below with Buyer.

Project Development Security. (A) DAC-GT or CS-GT Projects with Contract Capacity less than or equal to three (3) MW: Project Development Security pursuant to this Section 8.4(a)(i)(A) in the amount of $20/kW multiplied by the Contract Capacity of the Project as reflected in the Cover Sheet, within thirty (30) days following the Execution Date of this Agreement until Seller posts Delivery Term Security pursuant to Section 8.4(a)(ii) below with Buyer. (B) DAC-GT or CS-GT Projects with Contract Capacity greater than three (3) MW: Project Development Security pursuant to this Section 8.4(a)(i)(B) in the amount of $60/kW multiplied by the Contract Capacity of the Project as reflected in the Cover Sheet, within thirty (30) days following the Execution Date of this Agreement until Seller posts Delivery Term Security pursuant to Section 8.4(a)(ii) below with Buyer.