Common use of Seller’s Support Clause in Contracts

Seller’s Support. ‌ (a) Seller shall be required to post Credit Support with a Value of at least $47,020.00 to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after this Agreement becomes effective and binding pursuant to Section 8.1(a). Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or

Seller’s Support. ‌ (a) Seller shall be required to post Credit Support with a Value of at least $47,020.00 79,920.00 to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after this Agreement becomes effective and binding pursuant to Section 8.1(a). Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or

Seller’s Support. ‌ (a) Seller shall be required to post Credit Support with a Value of at least $47,020.00 to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after this Agreement becomes effective and binding pursuant to Section 8.1(a). Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or

Seller’s Support. ‌ (a) Seller shall be required to post Credit Support with having a Value of at least $47,020.00 188,080 to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after this Agreement becomes effective and binding pursuant to Section 8.1(a)the receipt of the Regulatory Approval. Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred oror (y) Buyer’s receipt of the full amount of the Operating Period Security.