Common use of Payment Security Fund Clause in Contracts

Payment Security Fund. The Payment Security Fund shall be suitable to support payment for at least 3 (three) months’ billing of all the Projects tied up with such fund.

Appears in 4 contracts

Samples: Draft Power Purchase, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Payment Security Fund. The Payment A payment Security Fund shall will be set up suitable to support payment for at least 3 (three3(three months) months’ billing of all the Projects project tied up with such this fund.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Payment Security Fund. 6.6.1 The Payment Security Fund shall be suitable to support payment for at least 3 (three) months’ billing of all the Projects tied up with such fund.

Appears in 1 contract

Samples: Power Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.