Subject to. Article 10.4.1, not later than one (1) Month before the start of supply, Buyer through a scheduled bank open a Letter of Credit in favour of the SPD, to be made operative from a date prior to the Due Date of its first Monthly Xxxx under this Agreement. The Letter of Credit shall have a term of twelve (12) Months and shall be renewed annually, for an amount equal to:
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Subject to. Article 10.4.1, not later than one (1) Month before the start of supply, Buyer XXXX through a scheduled bank open shall extend a Letter of Credit in favour of the SPD, to be made operative from a date prior to the Due Date of its first Monthly Xxxx under this Agreement. The Letter of Credit shall have a term of twelve (12) Months and shall be renewed annually, for an amount equal to:
Appears in 1 contract
Samples: Power Purchase Agreement
Subject to. Article 10.4.1, not later than one (1) Month before the start of supply, Buyer EDA&N through a scheduled bank open a Letter of Credit in favour of the SPD, to be made operative from a date prior to the Due Date of its first Monthly Xxxx under this Agreement. The Letter of Credit shall have a term of twelve (12) Months and shall be renewed annually, for an amount equal to:
Appears in 1 contract
Samples: Power Purchase Agreement
Subject to. Article 10.4.1, not later than one (1) Month before the start of supply, Buyer XXXX through a scheduled bank open shall extend a Letter of Credit in favour of the SPD, to be made operative from a date prior to the Due Date of its first Monthly Xxxx Bill under this Agreement. The Letter of Credit shall have a term of twelve (12) Months and shall be renewed annually, for an amount equal to:
Appears in 1 contract
Samples: Power Purchase Agreement
