Additional Security Requirements. The following provisions apply in respect of any Additional Security provided: (a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement; (b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and (c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 will be paid by the Distributor to the Retailer on a quarterly basis.
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Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided:provided:
(a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement;
(b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and
(c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 will be paid by the Distributor to the Retailer on a quarterly basis.
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Additional Security Requirements. The following provisions apply in respect of any Additional Security providedrequired by the Distributor and provided by the Retailer:
(a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement;
(b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and
(c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 will be paid by the Distributor to the Retailer on a quarterly basis.
Appears in 1 contract
Samples: Use of System Agreement
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided:
(a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer Trader calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement;
(b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer Trader calculated in accordance with clause 12A.5(3)(b) of the Code; and
(c) any money required to be paid by the Distributor to the Retailer Trader in accordance with this clause 12.8 will be paid by the Distributor to the Retailer Trader on a quarterly basis.
Appears in 1 contract
Samples: Use of System Agreement
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided:
(a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement;
(b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and
(c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 13.8 will be paid by the Distributor to the Retailer on a quarterly basis.
Appears in 1 contract
Samples: Use of System Agreement
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided:
(a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement;
(b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and
(c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 6.6.8 will be paid by the Distributor to the Retailer on a quarterly basis.
Appears in 1 contract
Samples: Use of System Agreement