Common use of Additional Security re: Strip Liability Clause in Contracts

Additional Security re: Strip Liability. 25.2.1 Where a new Additional Security Table is required to be prepared by the Lessor after the Delivery Date in accordance with paragraph 9 of the Financial Schedule and the Required Security Amount shown in that new Additional Security Table is a negative figure and in consequence the Total Security Amount for and during such Security Period as shown in the new Additional Security Table is greater than the aggregate of the Letter of Credit Amount, any Additional Security Amount and the Maximum Unsecured Strip Liability Amount for and during any such Security Period (including, without limitation, by virtue of the fact that VAT has become payable on the amount of any Termination Sum payable under this Lease), the Lessee shall, within thirty (30) days of receipt of written notice from the Lessor (which notice shall attach new such Additional Security Table) either: