Common use of Payment and Transfer of Interest Clause in Contracts

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Notices).

Appears in 21 contracts

Sources: Long Term Resource Adequacy Agreement, Resource Adequacy Agreement, Long Term Resource Adequacy Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X XI (Notices).

Appears in 8 contracts

Sources: Distribution Services Agreement, Distribution Services Agreement, Distribution Services Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all the accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Notices).

Appears in 5 contracts

Sources: Cpe Resource Adequacy Agreement, Cpe Resource Adequacy Agreement, Cpe Resource Adequacy Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X XV (Notices).

Appears in 4 contracts

Sources: Distribution Services Agreement, System Reliability Energy Efficiency Agreement, Distribution Services Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X XII (Notices).

Appears in 4 contracts

Sources: Distribution Services Agreement, Distribution Services Agreement, Distribution Services Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Notices)Assurance.

Appears in 4 contracts

Sources: Cpe Resource Adequacy Agreement, Cpe Resource Adequacy Agreement, Cpe Resource Adequacy Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X IX (Notices).

Appears in 3 contracts

Sources: Long Term Resource Adequacy Agreement, Long Term Resource Adequacy Agreement, Long Term Resource Adequacy Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount interest on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X XIV (Notices).

Appears in 2 contracts

Sources: Energy Storage Agreement, Energy Storage Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all All accrued Interest Amount interest on the unused cash Performance Assurance Assurance, shall be transferred to Seller in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Article XIII Notices).

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all All accrued Interest Amount interest on the unused cash Performance Assurance Assurance, shall be transferred to Seller in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (XXIX, Notices).

Appears in 2 contracts

Sources: Tolling Power Purchase Agreement, Tolling Power Purchase Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Performance Assurance, Assurance at the Interest Rate and on the Interest Payment Date. Buyer will shall transfer to Seller all accrued Interest Amount interest on the unused cash Performance Assurance to in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (XXIX, Notices).

Appears in 1 contract

Sources: Tolling Power Purchase Agreement