Collateral Requirement definition

Collateral Requirement means the requirement that:

Collateral Requirement for Party B shall be zero. The “Collateral Requirement” for Party A (the “Pledging Party”) means the Secured Party’s Net Exposure minus the sum of:”

Collateral Requirement means on any date the requirement that:

Examples of Collateral Requirement in a sentence

• 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.

• Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer in an amount that exceeds the sum of the Collateral Requirement and one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from the Project.

• In the event Seller fails to pay the Fuel Use Default Payment when due, Buyer may deduct and offset the Fuel Use Default Payment from the posted Collateral Requirement.] If the non-defaulting Party’s aggregate Gains exceed its aggregate Losses and Costs, if any, determined as of the Early Termination Date, the Settlement Amount shall be Zero dollars ($0).

• If Seller has provided a Letter of Credit to satisfy the Collateral Requirement, then Seller shall renew or cause the renewal of each outstanding Letter of Credit on a timely basis as provided in the relevant Letter of Credit and in accordance with this Agreement.

• Within thirty (30) days of the delivery of the Collateral Requirement, Seller agrees to take such action as Buyer reasonably requires in order to perfect a first-priority security interest in, and lien on (and right of setoff against), such Collateral Requirement and any and all proceeds resulting therefrom or from the liquidation thereof.

More Definitions of Collateral Requirement

Collateral Requirement means, at any time, the requirement that:

Collateral Requirement shall have the meaning assigned thereto in Section 5(c) hereof.

Collateral Requirement means at any time the amount of Development Period Security or Operating Period Security required under this Agreement at such time.

Collateral Requirement has the meaning set forth in Section 12.1.

Collateral Requirement means with respect to Loans an amount equal to 102% of the then current Market Value of Loaned Securities which are the subject of Loans as of the close of trading on the preceding Business Day.

Collateral Requirement means, (i) with respect to a Designated System that is not Energized, an amount equal to five percent (5%) of the multiplicative product of the

Collateral Requirement shall have the meaning set forth in Section 4.3.