Return of Development Period Security. The Development Period Security shall be returned to Seller, subject to Company’s right to draw from the Development Period Security as set forth in Section 14.5 (Company’s Right to Draw from Security Funds), in the following circumstances: (i) following Company’s receipt of satisfactory Operating Period Security pursuant to Section 14.2 (Operating Period Security) of this Agreement; or (ii) this Agreement is declared null and void pursuant to Section 2.3 (Interconnection Requirements Study), Section 3.4 (Prior to Effective Date), Section 24.3 (Time Period for PUC Submittal Date), or Section 24.4 (Time Period for PUC Approval).
Appears in 9 contracts
Samples: Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement
