Common use of Unsecured Credit Clause in Contracts

Unsecured Credit. 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), Unsecured Credit to Seller in an amount initially determined on the Effective Date and re-determined each Business Day thereafter pursuant to this Section 14.3.

Appears in 3 contracts

Samples: Supply Master Agreement, Supply Master Agreement, Supply Master Agreement

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Unsecured Credit. 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 AssuranceAssurance Requirement), Unsecured Credit of this Agreement, to Seller in an amount initially determined on the Effective Date and re-determined redetermined each Business Day thereafter pursuant to this Section 14.3.Section

Appears in 3 contracts

Samples: Supply Master Agreement, Supply Master Agreement, Supply Master Agreement

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Unsecured Credit. 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), Unsecured Credit Credit, as defined in Article 1 of this Agreement, to Seller in an amount initially determined on the Effective Date and re-determined redetermined each Business Day thereafter pursuant to this Section 14.314.

Appears in 1 contract

Samples: Supply Master Agreement

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