Collateral Requirement. On or before the thirtieth (30th) day following the Execution Date, Seller shall post and thereafter maintain a collateral requirement (the “Collateral Requirement”) as designated in the Cover Sheet. The Collateral Requirement will be held by Buyer and must be in the form of either a cash deposit or Letter of Credit.
Appears in 18 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Bioenergy Market Adjusting Tariff Power Purchase Agreement