Holding Performance Assurance. PGE will be entitled to hold Performance Assurance in the form of cash provided that the following conditions are satisfied: (i) PGE is not a Defaulting Party and a Material Adverse Change has not occurred and is continuing with respect to PGE and (ii) Performance Assurance is held only in a jurisdiction within the United States.
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Sources: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement
Holding Performance Assurance. PGE will be entitled to hold Performance Assurance in the form of cash provided that the following conditions are satisfied: (i) PGE an Event of Default has not occurred nor is not a Defaulting Party and it continuing with respect to PGE, (ii) a Material Adverse Change has not occurred and nor is it continuing with respect to PGE PGE, and (iiiii) Performance Assurance is held only in a jurisdiction within the United States.
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