Common use of Project Development Security Clause in Contracts

Project Development Security. The Project Development Security will be in the form of cash via wire transfer of immediately available funds or Letter of Credit; Seller shall post the Project Development Security in the amount of _________________ dollars ($_______) [insert dollar amount equal to $80/kW multiplied by the Payment Quantity] within five (5) Business Days following the Execution Date.

Appears in 3 contracts

Samples: Guaranty Agreement, Long Term Resource Adequacy Agreement, Consent and Agreement

AutoNDA by SimpleDocs

Project Development Security. The Project Development Security will be in the form of cash via wire transfer of immediately available funds or Letter of Credit; Seller shall post the Project Development Security in the amount of _________________ dollars ($_______) [insert dollar amount equal to $80/kW multiplied by the Payment Quantity] within five (5) Business Days following the Execution Date.

Appears in 1 contract

Samples: Guaranty Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.