Security Funds. The Development Period Security and Operating Period Security, including L/C Proceeds therefrom (collectively referred to as the "Security Funds") established, funded, and maintained by Seller pursuant to the provisions of this Article 14 (Credit Assurance and Security) shall provide security for the performance of Seller's obligations under this Agreement and shall be available to be drawn on by Company as provided in Section
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Sources: Energy Storage Purchase Agreement, Energy Storage Purchase Agreement, Power Purchase Agreement
Security Funds. The Development Period Security and Operating Period Security, including L/C Proceeds therefrom therefrom, as such term is defined in Section 9.8 (collectively referred to as the "“Security Funds"”) established, funded, and maintained by Seller pursuant to the provisions of this Article 14 9 (Credit Assurance and Security) shall provide security for the performance of Seller's ’s obligations under this Agreement and shall be available to be drawn on by Company Buyer as provided in SectionSection 9.6 (Buyer’s Right to Draw from Security Funds). Seller shall maintain the Security Funds at the contractually-required level throughout the term set forth
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