Common use of Collateral Requirement Clause in Contracts

Collateral Requirement. The Collateral Requirement is equal to twenty thousand dollars ($20,000) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _.00).

Appears in 5 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Collateral Requirement. The Collateral Requirement is equal to twenty thousand dollars ($20,000) for each megawatt of the Contract Capacity for a total of [Dollar amount in words] ($ _.00).

Appears in 1 contract

Sources: Power Purchase Agreement