Common use of Performance Assurance Clause in Contracts

Performance Assurance. (a) Seller will be required to post Performance Assurance with respect to this Confirmation Agreement and any other Fixed Price Customer Supply Contracts, whether under this Confirmation Agreement or under any other Fixed Price Customer Supply Contracts, in an aggregate amount equal to the Total Exposure Amount less the applicable Collateral Threshold Amount (as defined below). The requirements for posting, transferring, holding and using Performance Assurance are set forth in Attachment A. 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.

Performance Assurance. (a) Seller will be required to post Performance Assurance with respect to this Confirmation Agreement and any other Fixed Price Customer Supply Contracts, whether under this Confirmation Agreement or under any other Fixed Price Customer Supply Contracts, in an aggregate amount equal to the Total Exposure Amount less the applicable Collateral Threshold Amount (as defined below)Threshold. The requirements for posting, transferring, holding and using Performance Assurance are set forth in Attachment A. Exhibit B. The Seller will be granted a single Collateral Threshold Amount Credit Limit to be applied across this Confirmation Agreement and all other Fixed Price Customer Supply Contracts as provided below.