Examples of Security Requirement in a sentence
Bidders are to supply the following information, as a minimum, to demonstrate compliance with the Security Requirement.
PJMSettlement may waive the Financial Security Requirement for a Participant that agrees in writing that it shall not, after the date of such agreement, incur obligations under any of the Agreements.
This rate reflects an execution of 76% of the payroll budget and 86% of the annual operation and maintenance budget.
PJMSettlement will maintain a posting of each Participant’s Financial Security Requirement on the PJM web site in a secure, password-protected location.
A Participant may reduce its Financial Security Requirement by agreeing in writing (in a form acceptable to PJMSettlement) to make additional payments, including prepayments, as and when necessary to ensure that such Participant’s Total Net Obligation at no time exceeds such reduced Financial Security Requirement.