Examples of Fixed Price Customer Supply Contracts in a sentence
If the Seller has entered into one or more energy or swap Fixed Price Customer Supply Contracts in addition to this Confirmation Agreement, the Total Exposure Amount shall be rounded up to the nearest $100,000 and the “Minimum Transfer Amount” shall equal $100,000.
If the Seller has only entered into this Confirmation Agreement and other capacity only or ZRC only Fixed Price Customer Supply Contracts, then the Total Exposure Amount shall be rounded up to the nearest $10,000 and the “Minimum Transfer Amount” shall equal $10,000.
The Seller will be granted a single Collateral Threshold Amount to be applied across this Confirmation Agreement and all other Fixed Price Customer Supply Contracts as provided below.
The Non-Defaulting Party will calculate a single closeout setoff applicable to all such Fixed Price Customer Supply Contracts as set forth above, and only one payment will be paid by the Party owing such amount.
If the Seller has only entered into this Confirmation Agreement and other capacity only or PRC only Fixed Price Customer Supply Contracts, then the Total Exposure Amount shall be rounded up to the nearest $10,000 and the “Minimum Transfer Amount” shall equal $10,000.
The Seller will be granted a single Credit Limit to be applied across this Confirmation Agreement and all other Fixed Price Customer Supply Contracts as provided below.
The term “Obligations” as used in the Credit Support Annex includes the following additional obligations: With respect to Party A: “Obligations” includes all obligations of Party A under this Confirmation Letter and any other Fixed Price Customer Supply Contracts.
This Section 14 shall supersede and apply to all Fixed Price Customer Supply Contracts entered into between the Parties.
Termination of this PPA pursuant to this section shall not constitute an Event of Default under other Fixed Price Customer Supply Contracts.
A termination under Section 1(c) (“Potential Future Federal Regulation”) and Section 9 (“Illinois Pass-Through Tariffs”) shall not constitute an Event of Default under other Fixed Price Customer Supply Contracts.