CREDIT AND COLLATERAL REQUIREMENTS. The applicable credit and collateral requirements are specified on the Cover Sheet.
CREDIT AND COLLATERAL REQUIREMENTS. (i) Seller shall post and thereafter maintain the Development Security in accordance with Section 4(b) of Exhibit F.
CREDIT AND COLLATERAL REQUIREMENTS. PERFORMANCE ASSURANCE
CREDIT AND COLLATERAL REQUIREMENTS. 43 8.1 Buyer Financial Information 43 8.2 Seller Financial Information 43
CREDIT AND COLLATERAL REQUIREMENTS. XV.1 Timing and Use of Collateral .
CREDIT AND COLLATERAL REQUIREMENTS. The Performance Assurance Amount due to SCE by Seller will be as set forth in Section 1.07. The Performance Assurance Amount shall be posted to SCE and maintained at all times during the Term and thereafter until such time as Seller has satisfied all monetary obligations which survive any termination of this Agreement, not to exceed one year following the end of the Term. The Performance Assurance Amount must be either in the form of cash or Letter of Credit acceptable to SCE, provided, on the commencement of the Term, if Seller has posted the Development Security in the form of cash or a Letter of Credit and SCE has not either returned the Development Security to Seller or given Seller Notice, pursuant to Exhibit K, of its determination regarding the disposition of the Development Security by such date, then Seller may withhold the portion of the Performance Assurance Amount equal to the Development Security or any portion thereof held by SCE at that time until three (3) Business Days following the later of Seller’s receipt or forfeiture of the Development Security or any portion thereof pursuant to Section 3.06 and Exhibit K, after which Seller shall be obligated to post the full Performance Assurance Amount.
CREDIT AND COLLATERAL REQUIREMENTS. Amend Article Eight as follows: Section 8.1(a) Option A is amended to add (i) the following phrase “(income statement, balance sheet, statement of cash flows and statement of retained earnings and all accompanying notes) after the words “consolidated financial statements” in the third line; (ii) the phrase “setting forth in each case in comparative form the figures for the previous year” after the words “for such fiscal year,” in the third line; and (iii) the phrase “and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous year certified in accordance with all applicable laws and regulations, including without limitation all applicable Securities and Exchange Commission rules and regulations, provided however, for the purposes of this (i) and (ii), if Party B’s financial statements are publicly available electronically on the Securities and Exchange Commission’s website or Party B’s website, then Party B shall be deemed to have met this requirement” after the words “for such fiscal quarter” in the fifth line. [SCE comment—The following is applicable if Option A is selected] Section 8.2(a) Option A is amended to add (i) the following phrase “(income statement, balance sheet, statement of cash flows and statement of retained earnings and all accompanying notes)” after the words “consolidated financial statements” in the third line; (ii) the phrase “setting forth in each case in comparative form the figures for the previous year” after the words “for such fiscal year,” in the third line; and (iii) the phrase “and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous year [if Party A is an SEC reporting company: certified in accordance with all applicable laws and regulations, including without limitation all applicable Securities and Exchange Commission rules and regulations] [OR if Party A is not an SEC reporting company: certified by a Responsible Officer as being fairly stated in all material respects (subject to normal year end audit adjustments)], provided however, for the purposes of this (i) and (ii), if Party A’s financial statements are publicly available electronically on the Securities and Exchange Commission’s website or Party A’s website, then Party A shall be deemed to have met this requirement” after the words “for such fiscal quarter” in the fifth line; and (v) at the end t...
CREDIT AND COLLATERAL REQUIREMENTS. (a) If requested by Buyer, Seller shall deliver to Buyer the following financial statements, which in all cases shall be for the most recent accounting period and prepared in accordance with GAAP:
CREDIT AND COLLATERAL REQUIREMENTS. 39 8.1 Timing and Use of Collateral 39 8.2 Determination of Collateral Requirements 40 8.3 Letter of Credit and Other Collateral 43
CREDIT AND COLLATERAL REQUIREMENTS. 16 8.01 Financial Information. 16 8.02 Performance Assurance. 16
