Common use of Distributor may require Additional Security Clause in Contracts

Distributor may require Additional Security. The Distributor may, by notice to the Trader, require the Trader to provide Additional Security. The amount of any Additional Security required must be such that the total value of all security required to be provided by the Trader under this Agreement is not more than the Distributor's reasonable estimate of the charges that the Trader will be required to pay to the Distributor under this Agreement in respect of any 2 month period.

Distributor may require Additional Security. The Distributor may, by notice to the TraderRetailer, require the Trader Retailer to provide Additional Security. The amount of any Additional Security required must be such that the total value of all security required to be provided by the Trader Retailer under this Agreement agreement is not more than the Distributor's reasonable estimate of the charges that the Trader Retailer will be required to pay to the Distributor under this Agreement agreement in respect of any 2 month period.

Distributor may require Additional Security. The Distributor may, by notice to the Trader, require the Trader to provide Additional Security. The amount of any Additional Security required must be such that the total value of all security required to be provided by the Trader under this Agreement is not more than the Distributor's reasonable estimate of the charges that the Trader will be required to pay to the Distributor under this Agreement in respect of any 2 2-month period.