Net Out of Settlement Amounts. (a) The Non-In the Event of Default with respect to Buyer as the “Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of ”, the Non-Defaulting Party, any cash, security or otherfollowing shall occur:
Appears in 3 contracts
Samples: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement, Renewable Energy Credit Agreement
Net Out of Settlement Amounts. (a) The Non-In the Event of Default with respect to Buyer as the “Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of ”, the Non-Non- Defaulting Party, any cash, security or otherfollowing shall occur:
Appears in 1 contract
Samples: Renewable Energy Credit Agreement