Examples of Collateral Requirement in a sentence

Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer in an amount that exceeds the sum of the Collateral Requirement and one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from the Project.
Notwithstanding anything to the contrary herein, the maximum aggregate liability of the Guarantor under this Guaranty shall [ ] Option 1 [in no event exceed $____.] [ ] Option 2 [in no event exceed the Collateral Requirement less the value of other liquid securities posted by the Seller under the Agreement.] All such principal, interest, obligations and liabilities, collectively, are the “Guaranteed Obligations”.
If the deadline for the Delivery of one (1) REC from the Project has been extended to May 31, 2027, Seller’s failure to maintain Performance Assurance to satisfy the Increased Collateral Requirement or to Deliver at least one (1) REC from the Project by such extended deadline shall constitute an Event of Default.
In such a case, Buyer shall be entitled to payment by Seller in the amount of the Collateral Requirement or Increased Collateral Requirement, as applicable.
For such Event of Default, Buyer shall be entitled to payment by Seller in the amount of the Collateral Requirement.

More Definitions of Collateral Requirement

Collateral Requirement shall have the meaning assigned thereto in Section 5(c) hereof.

Collateral Requirement means at any time the amount of Development Period Security or Operating Period Security required under this Agreement at such time.

Collateral Requirement has the meaning set forth in Section 12.1.

Collateral Requirement means with respect to Loans an amount equal to 102% of the then current Market Value of Loaned Securities which are the subject of Loans as of the close of trading on the preceding Business Day.

Collateral Requirement means, (i) with respect to a Designated System that is not Energized, an amount equal to five percent (5%) of the multiplicative product of the

Collateral Requirement shall have the meaning set forth in Section 4.3.

Collateral Requirement means, (i) with respect to a Designated System that is not Energized, an amount equal to five percent (5%) of the multiplicative product of the (a) Proposed Price and (b) Designated System Expected Maximum REC Quantity; and means (ii) with respect to a Designated System that is Energized but that has not Delivered at least one (1) REC, an amount equal to five percent (5%) of the multiplicative product of (a) the Contract Price and (b) Designated System Contract Maximum REC Quantity; and means, (iii) with respect to a Designated System that is Energized and the Delivery of at least one (1) REC has occurred, an amount equal to five percent (5%) of the multiplicative product of (a) the Contract Price, (b) Designated System Contract Maximum REC Quantity and (c) the result obtained by dividing the number of Delivery Years remaining in the Delivery Term by the number of Delivery Years in the Delivery Term. For avoidance of doubt, the Collateral Requirement for a Designated System shall be reduced to zero (i) if the Designated System is removed from this Agreement and Seller has paid Buyer for outstanding amounts, if any, including amounts that may be associated with the removal of such Designated System or (ii) upon the conclusion of the annual review process pursuant to Section 4.2(c) following the final Delivery Year that falls (fully or partially) within the Designated System’s Delivery Term.