Common use of Provision of Security Clause in Contracts

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TO, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security shall be reduced on a dollar-for-dollar basis for payments made to the Participating TO for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TO, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security shall be reduced on a dollar-dollar- for-dollar basis for payments made to the Participating TO for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-for- dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TOTransmission Owner’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TOTransmission Owner’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-dollar basis for payments made to the Participating TO Transmission Owner for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Transmission Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-dollar- for-dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's ’s option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-dollar- for-dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Distribution Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TODistribution Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Distribution Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Distribution Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-dollar basis for payments made to the Participating TO Distribution Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Distribution Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TODistribution Provider, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Distribution Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Distribution Provider's Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-dollar basis for payments made to the Participating TO Distribution Provider for these purposes. In addition:.

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's ’s option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-for- dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition:

Provision of Security. At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TO, at the Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TO’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security shall be reduced on a dollar-for-for- dollar basis for payments made to the Participating TO for these purposes. In addition:

Provision of Security. At least thirty (30) 30 Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades, the Interconnection Customer shall provide the Participating TOTransmission Provider, at the Interconnection Customer's ’s option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to the Participating TO Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1. Such security for payment shall be in an amount sufficient to cover the costs for constructing, procuring and installing the applicable portion of the Participating TOTransmission Provider’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades. Such security Upgrades and shall be reduced on a dollar-for-for- dollar basis for payments made to the Participating TO Transmission Provider for these purposes. In addition: