Common use of Return of Seller’s Performance Assurance and Reduction in Performance Assurance Amount Clause in Contracts

Return of Seller’s Performance Assurance and Reduction in Performance Assurance Amount. For avoidance of doubt, unless provided elsewhere, Seller’s Performance Assurance once posted will be held by Buyer through the Delivery Term of the Designated System with the latest Delivery Term expiry date within a Product Order. The Performance Assurance Amount held by Buyer may exceed the Performance Assurance Requirement and the amount posted asshall not be reduced unless:

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

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Return of Seller’s Performance Assurance and Reduction in Performance Assurance Amount. For avoidance of doubt, unless provided elsewhere, Seller’s Performance Assurance once posted will be held by Buyer through the Delivery Term Termannual review process pursuant to Section 4.2(c) of the Designated System with the latest Delivery Term expiry date within a Product OrderOrder and the amount posted asin accordance with Section 7.1(e)(iv) and Section 7.1(e)(v) below. The Performance Assurance Amount held by Buyer may exceed the Performance Assurance Requirement and the amount posted asshall shall not be reduced unless:

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

Return of Seller’s Performance Assurance and Reduction in Performance Assurance Amount. For avoidance of doubt, unless provided elsewhere, Seller’s Performance Assurance once posted will be held by Buyer through the Delivery Term Termannual review process pursuant to Section 4.2(c) of the Designated System with the latest Delivery Term expiry date within a Product OrderOrder and the amount posted as Seller’s Performance Assurance in accordance with Section 7.1(e)(iv) and Section 7.1(e)(v) below. The Performance Assurance Amount held by Buyer may exceed the Performance Assurance Requirement and the amount posted asshall shall not be reduced unless:

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

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Return of Seller’s Performance Assurance and Reduction in Performance Assurance Amount. For avoidance of doubt, unless provided elsewhere, Seller’s Performance Assurance once posted will be held by Buyer through the Delivery Term Termannual review process pursuant to Section 4.2(c) of the Designated System with the latest Delivery Term expiry date within a Product OrderOrder andin accordance with Section 7.1(e)(iv) and Section 7.1(e)(v) below. The Performance Assurance Amount held by Buyer may exceed the Performance amount posted asPerformance Assurance Requirement and the amount posted asshall shall not be reduced unless:

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

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