Common use of Reduction and Substitution of Performance Assurance Clause in Contracts

Reduction and Substitution of Performance Assurance. The term “Local Business Day” shall be amended to read “Business Day” throughout. Subparagraph (a) is amended by adding after the words “provided that” the words “after first rounding down to the nearest integer multiple of the Rounding amount and”

Appears in 7 contracts

Sources: Master Renewable Energy Certificate Purchase and Sale Agreement, Master Renewable Energy Certificate Purchase and Sale Agreement, Master Renewable Energy Certificate Purchase and Sale Agreement