Common use of Article Five Clause in Contracts

Article Five. ⌧ Cross Default for Party A: Events of Default; Remedies ⌧ Party A Cross Default Amount US$50,000,000 🞎 Other Entity: Cross Default Amount $ ⌧ Cross Default for Party B: ⌧ Party B Cross Default Amount US$500,000 🞎 Other Entity: Cross Default Amount $ 5.6 Closeout Setoff ⌧ Option A (Applicable if no other selection is made.) Option B - Affiliates shall have the meaning set forth in the Agreement unless otherwise specified as follows: 🞎 Option C (No Setoff)

Appears in 1 contract

Sources: Master Power Purchase and Sale Agreement

Article Five. ⌧ Cross Default for Party A: Events of Default; Remedies ⌧ Party A Cross Default Amount US$50,000,000 🞎 Other Entity: Cross Default Amount $ ⌧ Cross Default for Party B: ⌧ Party B Cross Default Amount US$500,000� Other Entity: Cross Default Amount $ 5.6 Closeout Setoff ⌧ Option A (Applicable if no other selection is made.) Option B - Affiliates shall have the meaning set forth in the Agreement unless otherwise specified as follows: 🞎 Option C (No Setoff)

Appears in 1 contract

Sources: Master Power Purchase and Sale Agreement