Common use of Seller’s Development Security Clause in Contracts

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41

Appears in 2 contracts

Sources: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer effect and Seller shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41within ten

Appears in 1 contract

Sources: Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of of (ai) Seller’s delivery of the Performance Security, or (bii) sixty (60) days after termination of this Agreement, Buyer ▇▇▇▇▇ shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Energy Storage Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effecteffect until ▇▇▇▇▇ is required to return such Development Security hereunder. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Energy Storage Agreement

Seller’s Development Security. To secure its Seller’s obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect, provided that Seller shall have no obligation to replenish the Development Security in the event Buyer collects or draws down any portion of the Development Security for any reason permitted under this Agreement. Upon the earlier of (ai) Seller’s delivery of the Performance Security, or (bii) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41sixty

Appears in 1 contract

Sources: Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer effect and Seller shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41within five

Appears in 1 contract

Sources: Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of of‌ (ai) Seller’s delivery of the Performance Security, or (bii) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty ten (3010) days after the Effective Date. Seller shall maintain the Development Security in full force and effect; provided that the Development Security shall not be replenishable. Upon the earlier of (a) Seller’s delivery of the Performance Security, or (b) sixty (60) days after termination of this Agreement, Buyer ▇▇▇▇▇ shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Renewable Power Purchase Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty twenty (3020) days after the Effective Date. Seller shall maintain the Development Security in full force and effect, subject to the terms of this Section 8.7(a). Upon the earlier of (a) Seller’s delivery of the Performance Operation Security, or (b) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41or

Appears in 1 contract

Sources: Energy Storage Agreement

Seller’s Development Security. To secure its obligations under this Agreement, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect. Upon the earlier of of (ai) Seller’s delivery of the Performance Security, or (bii) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement. 41.

Appears in 1 contract

Sources: Power Purchase Agreement