Common use of Operating Period Security Clause in Contracts

Operating Period Security. To guarantee the performance of Seller's obligations under the Agreement for the period starting from the Commercial Operations Date to the expiration or termination of this Agreement, Seller shall provide satisfactory operating period security to Company in the amount of $75/kW based on the Contract Capacity (the "Operating Period Security"). Seller shall provide such Operating Period Security to Company within five (5) Business Days after the Commercial Operations Date, provided that, at all times, some form of Security Funds shall be in place and available to Company, whether Development Period Security or Operating Period Security.

Operating Period Security. To guarantee the performance of Seller's ’s obligations under the Agreement for the period starting from the Commercial Operations Date to the expiration or termination of this AgreementDate, Seller shall provide satisfactory operating period security to Company in the amount equal to $125 for each kilowatt of $75/kW based on the Contract Capacity (the "“Operating Period Security"”). Seller shall provide such Operating Period Security to Company within five (5) Business Days after the Commercial Operations Date, provided that, at all times, some form of Security Funds shall be in place and available to Company, whether Development Period Security or Operating Period Security.

Operating Period Security. To guarantee the performance of Seller's ’s obligations under the Agreement for the period starting from the Commercial Operations Operation Date to the expiration or termination of this Agreement, Seller shall provide satisfactory operating period financial security to Company in the amount of equal to $75175/kW based on of the Contract Capacity additional capacity to be obtained from the 8MW Upgrade (the "“Operating Period Security"”). Seller shall provide such Operating Period Security to Company within five (5) Business Days after the Commercial Operations Date, provided that, at all times, some form of Security Funds shall be in place and available to Company, whether Development Period Security or Operating Period Security.