Common use of Right to Require Performance Assurance Clause in Contracts

Right to Require Performance Assurance. At any time and from time to time, when a Party (the "Requesting Party") believes in good faith that a Material Adverse Change has occurred in respect of the other Party, the Requesting Party shall be entitled to require, by written notice, that the other Party provide to it or increase in amount:

Appears in 3 contracts

Samples: www.ere.gov.al, mail.ere.gov.al, www.ere.gov.al

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Right to Require Performance Assurance. At any time and from time to time, when a Party (the "Requesting Party") believes in good faith that a Material Adverse Change has occurred in respect of the other Party, the Requesting Party shall be entitled to require, by written notice, that the other Party provide to it or increase in amount:: (a) a Letter of Credit; (b) cash; or (c) other security (including a bank or parent guarantee), in a form, amount and from an entity which is reasonably acceptable to the

Appears in 1 contract

Samples: www.toe.pl

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Right to Require Performance Assurance. At any time and from time to time, when a Party (the "Requesting Party") believes in good faith that a Material Adverse Change has occurred in respect of the other Party, the Requesting Party shall be entitled to require, by written notice, that the other Party provide to it or increase in amount:: (a) a Letter of Credit; (b) cash; or (c)

Appears in 1 contract

Samples: Individual Power Purchase Agreement

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