Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term.
Delivery Term Security means the Performance Assurance required of Seller, as specified and referred to in Section 10.4(a).
Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article 4, to secure performance of its obligations during the Delivery Term.
Examples of Delivery Term Security in a sentence
The requirements for collateral, described in detail in Section VII of the Solicitation Protocol, include posting Project Development Security after a PPA or PSA is executed and before Commercial Operation Date of the project, and posting Delivery Term Security for a PPA following the commencement of commercial operation.
More Definitions of Delivery Term Security
Delivery Term Security means the Seller’s collateral requirement, as specified and referred to in Section 10.4(b).
Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term. [Short Term Offers from new or existing ERRs with a Delivery Term of less than one year: Seller to delete]
Delivery Term Security has the meaning set forth in Section 5.9(b).
Delivery Term Security has the meaning set forth in Section 5.7(b). “Dispute” has the meaning set forth in Section 14.3(a).
Delivery Term Security means that dollar amount specified in Section 10.4(b).
Delivery Term Security means an irrevocable standby letter of credit to be provided to the Utility or cash held in escrow by the Utility in support of the Generator’s obligations during the Delivery Term in an amount defined in Section 2.3.3.
Delivery Term Security means (i) cash or (ii) a Letter of Credit in an amount equal to forty dollars per kilowatt of the Contract Amount that has reached the Initial Delivery Date at the time of calculation.