Common use of Return of Performance Assurance Clause in Contracts

Return of Performance Assurance. (i) Buyer shall promptly return to Seller the unused portion of the CPUC Approval Security after the earlier of (A) the date on which Seller has delivered the Development Period Security or the Construction Period Security, as applicable, and (B) termination of the Agreement under Section 2.4(b)(ii).

Appears in 3 contracts

Samples: Consent and Agreement, Consent and Agreement, Consent and Agreement

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Return of Performance Assurance. (i) Buyer i)Buyer shall promptly return to Seller the unused portion of the CPUC Approval Security after the earlier of (A) the date on which Seller has delivered the Development Period Security or the Construction Period Security, as applicable, and (B) termination of the Agreement under Section 2.4(b)(ii).

Appears in 3 contracts

Samples: Consent and Agreement, Power Purchase Agreement, Consent and Agreement

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