Common use of Provision of Security Clause in Contracts

Provision of Security. During the Term, Seller must provide and maintain Security as required by this Section 8. If on the Effective Date, PacifiCorp determines Seller satisfies the Credit Requirements, then Seller must thereafter provide every three (3) months following the Effective Date all such financial information and records as PacifiCorp may reasonably request in order to verify Seller continues to satisfy the Credit Requirements.

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Provision of Security. During the Term, Seller must provide and maintain Security security as required by this Section 8provided below if it does not meet the Credit Requirements. If on the Effective Date, Date PacifiCorp determines determined Seller satisfies satisfied the Credit Requirements, then Seller must thereafter provide every three (3) months following the Effective Date all such reasonable financial information and records as necessary for PacifiCorp may reasonably request in order to verify Seller continues to satisfy the Credit Requirements.Requirements.‌

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Provision of Security. During the Term, Seller must provide and maintain Security as required by this Section 8. If on the Effective Date, PacifiCorp determines Seller satisfies the Credit Requirements, then Seller must thereafter provide every three (3) months following the Effective Date all such financial information and records as PacifiCorp may reasonably request in order to verify Seller continues to satisfy the Credit Requirements.Requirements.‌

Appears in 1 contract

Samples: Energy Storage Agreement

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Provision of Security. During the Term, Seller must provide and maintain Security as required by this Section 8. If on the Effective Date, PacifiCorp determines Seller satisfies the Credit Requirements, then Seller must thereafter provide every three (3) months following the Effective Date all such financial information and records as PacifiCorp may reasonably request in order to verify Seller continues to satisfy the Credit Requirements.Requirements.‌‌‌

Appears in 1 contract

Samples: Power Purchase Agreement

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