Common use of Diversification Requirements Clause in Contracts

Diversification Requirements. 49 3.3.39 Calpine Corporation Credit Rating.................................................... 49 3.3.40 Initial Projects Satisfaction of Conditions Precedent to Initial Funding............. 49 3.3.41 Modified Conditions Precedent to Initial Funding..................................... 49 3.4 Conditions Precedent to Each Construction Credit Event........................................ 50 3.4.1 Monthly Drawdown Frequency........................................................... 50 3.4.2 Notice of Construction Borrowing..................................................... 50 3.4.3 Construction Drawdown Certificate and Engineer's Certificate......................... 50 3.4.4 Amount............................................................................... 50 3.4.5

Diversification Requirements. 49 37 3.3.39 Calpine Corporation Credit Rating.................................................... 49 3.3.40 Initial Projects Satisfaction of Conditions Precedent to Initial Funding............. 49 3.3.41 Modified Conditions Precedent to Initial Funding..................................... 49 ..........................37 3.4 Conditions Precedent to Each Construction Credit Event........................................ 50 .............37 3.4.1 Monthly Drawdown Frequency........................................................... 50 .................................37 3.4.2 Notice of Construction Borrowing..................................................... 50 ...........................37 3.4.3 Construction Drawdown Certificate and Engineer's Certificate......................... 50 ................................................37 3.4.4 Amount............................................................................... 50 3.4.5.....................................................38 3.4.5 Title Policy Endorsement...................................38 3.4.6 Lien Releases..............................................38 3.4.7 Applicable Permits.........................................38 3.4.8 Equity Contributions.......................................39 3.4.9