CREDIT AND COLLATERAL REQUIREMENTS. The applicable credit and collateral requirements are specified on the Cover Sheet.
CREDIT AND COLLATERAL REQUIREMENTS. Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b)
CREDIT AND COLLATERAL REQUIREMENTS. PERFORMANCE ASSURANCE
CREDIT AND COLLATERAL REQUIREMENTS. (i) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit F.
(ii) Seller shall post and thereafter maintain the Performance Assurance, in accordance with Section 2(a) of Exhibit F, in an amount equal to [Option 1: 12 months of expected total As-Available Contract Capacity revenues] [Option 2: 12 months of expected total revenues] [Option 3: five percent of the expected total revenues] [Option 4: [As proposed by Seller, subject to Buyer’s acceptance in its sole discretion]] of the Generating Facility under this Agreement (the “Performance Assurance Amount”). The initial Performance Assurance Amount equals $[ ]. The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production. {Buyer Comment: Select one of the three options for posting Performance Assurance listed above. Alternatively, Seller may propose a fourth option for posting Performance Assurance, which is subject to Buyer’s acceptance in its sole discretion.}
(iii) Seller shall comply with all of the provisions of Exhibit F.
CREDIT AND COLLATERAL REQUIREMENTS. XV.1 Timing and Use of Collateral .
CREDIT AND COLLATERAL REQUIREMENTS. The Performance Assurance Amount due to SCE by Seller will be as set forth in Section 1.07. The Performance Assurance Amount shall be posted to SCE and maintained at all times during the Term and thereafter until such time as Seller has satisfied all monetary obligations which survive any termination of this Agreement, not to exceed one year following the end of the Term. The Performance Assurance Amount must be either in the form of cash or Letter of Credit acceptable to SCE, provided, on the commencement of the Term, if Seller has posted the Development Security in the form of cash or a Letter of Credit and SCE has not either returned the Development Security to Seller or given Seller Notice, pursuant to Exhibit K, of its determination regarding the disposition of the Development Security by such date, then Seller may withhold the portion of the Performance Assurance Amount equal to the Development Security or any portion thereof held by SCE at that time until three (3) Business Days following the later of Seller’s receipt or forfeiture of the Development Security or any portion thereof pursuant to Section 3.06 and Exhibit K, after which Seller shall be obligated to post the full Performance Assurance Amount.
CREDIT AND COLLATERAL REQUIREMENTS. (i) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit F.
(ii) Seller shall post and thereafter maintain the Performance Assurance, in accordance with Section 2(a) of Exhibit F, in an amount equal to [Option 1: 12 months of expected total Net Contract Capacity revenues] [Option 2: 12 months of expected total revenues] [Option 3: five percent of the expected total revenues] [Option 4: [As proposed by Seller, subject to Buyer’s acceptance in its sole discretion]] of the Generating Facility under this Agreement (the “Performance Assurance Amount”). The initial Performance Assurance Amount equals $[ ]. The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production.
(iii) Seller shall comply with all of the provisions of Exhibit F.
CREDIT AND COLLATERAL REQUIREMENTS. 43 8.1 Buyer Financial Information 43 8.2 Seller Financial Information 43
CREDIT AND COLLATERAL REQUIREMENTS. 39 8.1 Timing and Use of Collateral 39 8.2 Determination of Collateral Requirements 40 8.3 Letter of Credit and Other Collateral 43
CREDIT AND COLLATERAL REQUIREMENTS. (a) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit D.
(b) Seller shall post and thereafter maintain the Performance Assurance, in accordance with Section 2(a) of Exhibit D, in an amount equal to 5% of expected revenue of the Generating Facility under this Agreement (the “Performance Assurance Amount”). The initial amount of Performance Assurance equals $[ ]. The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production.
(c) Seller shall comply with all of the provisions of Exhibit D.
(d) Seller’s Guarantor, if any, is [Name of Guarantor].
(e) Guarantor shall guarantee $[Performance Assurance Amount x 1.25].
(f) The Cross Default Amount, if any, equals $[ ].
