Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s declaration of an Early Termination Date or as set forth in Sections 12.3.1 and 12.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 14 contracts
Samples: Consent and Agreement, Consent and Agreement, Power Purchase Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s declaration of an Early Termination Date or as set forth in Sections 12.3.1 Section 13.3.1 and 12.3.213.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 9 contracts
Samples: Consent and Agreement, Consent and Agreement, Consent and Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s declaration of an Early Termination Date or as set forth in Sections 12.3.1 and 12.3.1, 12.3.2, or 13.3(e). If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 1 contract
Samples: Consent and Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s Buyex’x declaration of an Early Termination Date or as set forth in Sections 12.3.1 and 12.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 1 contract
Samples: Consent and Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s declaration of an Early Termination Date or as set forth in Sections Section 12.3.1 and 12.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 1 contract
Samples: Consent and Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon XxxxxBuyer’s declaration of an Early Termination Date or as set forth in Sections 12.3.1 Section 13.3.1 and 12.3.213.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 1 contract
Samples: Consent and Agreement
Use of Collateral Requirement. Buyer shall be entitled to draw upon the Collateral Requirement for any damages arising upon Xxxxx’s declaration of an Early Termination Date or as set forth f xxxx in Sections 12.3.1 and 12.3.2. If Buyer terminates this Agreement and is entitled to draw upon the Collateral Requirement, any amount of Collateral Requirement that Seller has not yet posted with Buyer will be immediately due and payable by Seller to Buyer.
Appears in 1 contract
Samples: Consent and Agreement