Replacement of Credit Support. If a Credit Support Document for a Party expires during the Term, the Party which provided such Credit Support Document shall provide a replacement Credit Support Document which is to the satisfaction of the other Party before the expiry of such Credit Support Document. If the Credit Rating of a Party's Credit Support Provider is withdrawn or downgraded below the Credit Rating specified in Section B of Part I (Individual Terms), such Party shall provide the other Party within five (5) Business Days a Credit Support Document which is to the satisfaction of the other Party from another Credit Support Provider with such Credit Rating or a higher Credit Rating.
Appears in 6 contracts
Sources: Individual Power Purchase Agreement, Power Purchase Agreement, Individual Power Purchase Agreement
Replacement of Credit Support. If a Credit Support Document for a Party expires during the Term, the Party which provided such Credit Support Document shall provide a replacement Credit Support Document which is to the satisfaction of the other Party before the expiry of such Credit Support Document. If the Credit Rating of a Party's Credit Support Provider is withdrawn or downgraded below the Credit Rating specified in Section B of Part I (Individual Terms), such Party shall provide the other Party within five (5) Business Days a Credit Support Document which is to the satisfaction of the other Party from another Credit Support Provider with such Credit Rating or a higher Credit Rating.the
Appears in 3 contracts
Sources: Individual Power Purchase Agreement, Individual Power Purchase Agreement, Individual Power Purchase Agreement
Replacement of Credit Support. If a Credit Support Document for a Party expires during the Term, the Party which provided such Credit Support Document shall provide a replacement Credit Support Document which is to the satisfaction of the other Party before the expiry of such Credit Support Document. If the Credit Rating credit rating of a Party's Credit Support Provider is withdrawn or downgraded below the Credit Rating rating specified in Section B of Part I (Individual Terms), such Party shall provide the other Party within five (5) Business Days a Credit Support Document which is to the satisfaction of the other Party from another Credit Support Provider with such Credit Rating rating or a higher Credit Ratingcredit rating.
Appears in 1 contract
Sources: Individual Power Purchase Agreement