Common use of Unsecured Credit Clause in Contracts

Unsecured Credit. (a) During the term of this Agreement, Buyer shall extend, solely with respect to the Performance Assurance set forth in Section 14.1 (Performance Assurance Requirement), Unsecured Credit of this Agreement, to Seller in an amount initially determined on the Effective Date and redetermined each Business Day thereafter pursuant to this Section 14.3 (Unsecured Credit). (b) For purposes of determining Unsecured Credit, the relevant Unsecured Credit Limit for Aggregate Transactions shall not exceed the Unsecured Credit Limit listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. The relevant TNW Amount shall be calculated using the percentage listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. A- or above A- or above A3 or above 16% of TNW $60,000,000 BBB+ BBB+ Baa1 10% of TNW $40,000,000 BBB BBB Baa2 8% of TNW $30,000,000 BBB- BBB- Baa3 6% of TNW $15,000,000 Below BBB- Below BBB- Below Baa3 0% of TNW 0 (c) The analysis of Unsecured Credit will also include consideration of the Guaranty Agreement, if any, submitted by Seller in connection with this contract.

Unsecured Credit. (a) During the term of this Agreement, Buyer shall extend, solely with respect to the Performance Assurance set forth in Section 14.1 (Requirement for Performance Assurance RequirementAssurance), Unsecured Credit of this Agreement, to Seller in an amount initially determined on the Effective Date and redetermined each Business Day thereafter pursuant to this Section 14.3 (Unsecured Credit). (b) For purposes of determining Unsecured Credit, the 14.3. The relevant Unsecured Credit Limit for Aggregate Transactions Cap shall not exceed be the Unsecured Credit Limit Cap listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. The relevant TNW Amount shall be calculated using the percentage TNW Percentage listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. A- If the Seller and an Affiliate(s) are both winning bidders in the RFP, then the Seller (or Seller’s Guarantor) and the Affiliate(s) will proportionally share the amount of Unsecured Credit listed in the following table that corresponds to the Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. Credit Rating Moody’s TNW Unsecured A or above A- A or above A3 A2 or above 1615% of TNW $60,000,000 125,000,000 A- A- A3 10% $100,000,000 BBB+ BBB+ Baa1 108% of TNW $40,000,000 75,000,000 BBB BBB Baa2 86% of TNW $30,000,000 50,000,000 BBB- BBB- Baa3 64% of TNW $25,000,000 BB+ BB+ Ba1 2% $15,000,000 BB BB Ba2 1% $10,000,000 BB- BB- Ba3 0.5% $5,000,000 Below BBB- BB- / Unrated Below BBB- BB- / Unrated Below Baa3 Ba3 / Unrated 0% of TNW 0 (c) The analysis of Unsecured Credit will also include consideration of the Guaranty Agreement, if any, submitted by Seller in connection with this contract.$0.00

Unsecured Credit. (a) During the term of this Agreement, Buyer shall extend, solely with respect to the Performance Assurance set forth in Section 14.1 (Performance Assurance Requirement), Unsecured Credit of this Agreement, to Seller in an amount initially determined on the Effective Date and redetermined each Business Day thereafter pursuant to this Section 14.3 (Unsecured Credit). (b) For purposes of determining Unsecured Credit, the relevant Unsecured Credit Limit for Aggregate Transactions shall not exceed the Unsecured Credit Limit listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’sXxxxx’x. The relevant TNW Amount shall be calculated using the percentage listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’sXxxxx’x. A- or above A- or above A3 or above 16% of TNW $60,000,000 BBB+ BBB+ Baa1 10% of TNW $40,000,000 BBB BBB Baa2 8% of TNW $30,000,000 BBB- BBB- Baa3 6% of TNW $15,000,000 Below BBB- Below BBB- Below Baa3 0% of TNW 0 (c) The analysis of Unsecured Credit will also include consideration of the Guaranty Agreement, if any, submitted by Seller in connection with this contract.

Unsecured Credit. (a) During the term of this Agreement, Buyer shall extend, solely with respect to the Performance Assurance set forth in Section 14.1 (Performance Assurance Requirement), Unsecured Credit of this Agreement, to Seller in an amount initially determined on the Effective Date and redetermined each Business Day thereafter pursuant to this Section 14.3 (Unsecured Credit). (ba) For purposes of determining Unsecured Credit, the relevant Unsecured Credit Limit for Aggregate Transactions shall not exceed the Unsecured Credit Limit listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. The relevant TNW Amount shall be calculated using the percentage listed in the following table that corresponds to Seller’s (or Seller’s Guarantor’s) lowest Credit Rating most recently published by S&P, Fitch and/or Moody’s. A- or above A- or above A3 or above 16% of TNW $60,000,000 BBB+ BBB+ Baa1 10% of TNW $40,000,000 BBB BBB Baa2 8% of TNW $30,000,000 BBB- BBB- Baa3 6% of TNW $15,000,000 Below BBB- Below BBB- Below Baa3 0% of TNW 0 (cb) The analysis of Unsecured Credit will also include consideration of the Guaranty Agreement, if any, submitted by Seller in connection with this contract.