Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.
Appears in 9 contracts
Sources: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused [Project Development Security] or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.Appendix XI, (Notices List). [
Appears in 4 contracts
Sources: Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement, Renewable Energy Credit Purchase and Sale Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, Security as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetSection 10.7.
Appears in 3 contracts
Sources: Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest RateRate and on the date of returning [Project Development Security] or Delivery Term Security. On All accrued interest on the unused [Project Development Security] or before each Interest Payment Date, Buyer Delivery Term Security shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.Appendix IV. [
Appears in 2 contracts
Sources: Confirmation Agreement, Confirmation Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.
Appears in 2 contracts
Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security, Pre-Delivery Term Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused Project Development Security, Buyer Pre-Delivery Term Security or Delivery Term Security, if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix XI, (Notices List).
Appears in 1 contract
Sources: Power Purchase Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused Project Development Security or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix XI, (Notices List).
Appears in 1 contract
Sources: Power Purchase Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused [Project Development Security] or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.Appendix XI, (Notices List). [Short Term Offers from existing ERRs: Seller to replace Project Development Security with Pre-Delivery Term Security]
Appears in 1 contract
Sources: Power Purchase Agreement
Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused [Project Development Security] or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix X, (“Notices List”).
Appears in 1 contract
Sources: Power Purchase Agreement