Common use of Initial Deposit and Draws Clause in Contracts

Initial Deposit and Draws. Concurrently with the execution of this Agreement, Interconnection Customer shall pay to IPA a deposit in the amount specified in the Procedures, against which IPA will draw in order to reimburse IPA for the costs incurred in connection with its performance of this Agreement.

Appears in 5 contracts

Sources: Generator Interconnection Agreement (Gia), Generator Interconnection Agreement (Gia), Generator Interconnection Procedures