CREDIT AND COLLATERAL REQUIREMENTS; PERFORMANCE ASSURANCE. 7.1 Performance Assurance. Seller’s Performance Assurance. Performance Assurance requirement is applicable with respect to Seller, but not with respect to Buyer. (1) REC has not occurred and the deadline for the Delivery of one (1) REC has been extended pursuant to 2.4.
Appears in 2 contracts
Sources: Master Renewable Energy Credit Purchase and Sale Agreement, Master Renewable Energy Credit Purchase and Sale Agreement
CREDIT AND COLLATERAL REQUIREMENTS; PERFORMANCE ASSURANCE. 7.1 Performance Assurance. Seller’s Performance Assurance. Performance Assurance requirement is applicable with respect to Seller, but not with respect to Buyer.
(1) REC has not occurred and the deadline for the Delivery of one (1) REC has been extended pursuant to 2.44.1(c).
Appears in 1 contract
Sources: Renewable Energy Credit Purchase and Sale Agreement