Development Security Deposit definition

Development Security Deposit means the development security deposit described in Section 3.6 that is required to be provided by Seller to Buyer.
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Development Security Deposit means the development security deposit described in Section 3.7, that is an Acceptable Form of Security, and that is required to be provided by Seller to Buyer.
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Development Security Deposit or “DSD” means the development security deposit equaling $100 per kW of Facility Capacity required for the FiT+ Pilot Program.
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Examples of Development Security Deposit in a sentence

  • After Seller achieves Commercial Operation, Seller shall submit a written request to the Buyer for the refund of the Development Security Deposit.

  • Xxxxx will return the Development Security Deposit to Seller within thirty (30) days of receiving the written request.

  • Seller shall provide a Development Security Deposit of $50 for each kilowatt of Capacity of the Facility to Buyer in the form of a certified or cashier’s check on or prior to the Effective Date.

  • Seller shall provide a Development Security Deposit in the amount of $50 for each kilowatt of Capacity of the Facility to Buyer in the form of a cashier’s check on or prior to the Effective Date.

  • Seller shall forfeit and Buyer shall retain the entire Development Security Deposit if the Milestone is not met by the Milestone Deadline or Commercial Operation does not occur by the Commercial Operation Deadline.

  • However, if failure to meet VPPA Milestone Deadline or Commercial Operation is due to Force Majeure, Buyer will refund the Development Security Deposit.

  • Buyer will return the amount of the Development Security Deposit to Seller within thirty (30) days after Commercial Operation has occurred.

  • This account shall be carried in the Management Agent’s name and shall be designated of record "(Name of Development) Security Deposit Account".

  • If the Interconnection Cost Milestone or VPPA Milestone is not met by the Interconnection Cost Milestone Deadline or VPPA Milestone Deadline, respectively, or Commercial Operation does not occur by the Commercial Operation Deadline, Buyer shall retain as liquidated damages the entire Development Security Deposit.

  • However, if failure to meet Milestone Deadline or Commercial Operation is due to Force Majeure, Xxxxx will refund the Development Security Deposit.

Related to Development Security Deposit

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

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with NMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Patent Security Agreement means each Patent Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit B.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Patent Security Agreements means the Patent Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Payment Security Mechanism shall have the meaning ascribed thereto in Article 10.4 of this Agreement;

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.