Common use of Return of Delivery Date Security Clause in Contracts

Return of Delivery Date Security. Within five (5) Business Days following the Initial Delivery Date, or upon termination of this Agreement pursuant to Section 2.02 or Section 4.02, SCE shall return to Seller the Delivery Date Security, less any Daily Delay Damages SCE has retained if the Initial Delivery Date is after the Expected Initial Delivery Date. If Seller achieves an Initial Delivery Date for the Project by the Expected Initial Delivery Date, SCE shall return to Seller the entire amount of the Delivery Date Security held by SCE.

Appears in 5 contracts

Samples: Resource Adequacy Purchase Agreement, Resource Adequacy Purchase Agreement, Resource Adequacy Purchase Agreement

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