Development Security definition

Development Security means (i) cash or (ii) a Letter of Credit in the amount set forth on the Cover Sheet.

Development Security has the meaning set forth in Section 3.06.

Development Security means the collateral required under Section 7.01.

Examples of Development Security in a sentence

• Seller shall forfeit and Buyer shall be entitled to retain the balance of the Development Security.

• Subject to limitations set forth in Section 1.01(a), Seller may elect to delay the Term Start Date by paying to Buyer liquidated damages in an amount equal to one percent of the Development Security per day for each day (or portion thereof) from and including the original Term Start Date to and excluding the actual Term Start Date (“Daily Delay Liquidated Damages”).

• Development Security shall be held by Xxxxx as security for Seller’s meeting the Term Start Date.

• The Daily Delay Liquidated Damages payments applicable to days included in any Term Start Date extension shall be nonrefundable and are in addition to and not to be considered part of the Development Security.

More Definitions of Development Security

Development Security has the meaning set forth in Section 4(b)(i) of Exhibit F.

Development Security has the meaning set forth in Section 4(b)(i) of Exhibit F. “Disclosure Order” has the meaning set forth in Section 9.10(b).

Development Security has the meaning set forth in Section 9.1.

Development Security means (i) cash or (ii) a Letter of Credit in the amount specified on the Cover Sheet, deposited with Buyer in conformance with Section 8.7.

Development Security means (a) cash or (b) a Letter of Credit in the amount set forth on the Cover Sheet of the ESSA.

Development Security shall have the meaning set forth in Clause 6.1.1;

Development Security shall have the definition set forth in the Power Purchase Agreement.