Exercise of Credit Support. (a) The Credit Support will be held by ARTC as security for the performance of the obligations of the Access Holder under this agreement and may be called upon by ARTC in any circumstances in which ARTC suffers any loss as a result of default by the Access Holder under this agreement.
Appears in 30 contracts
Samples: Holder Agreement, Access Holder Agreement, Access Holder Agreement
Exercise of Credit Support. (a) The Subject to clause 4.2(b), the Credit Support will be held by ARTC as security for the performance of the obligations of the Access Holder Operator under this agreement and may be called upon by ARTC in any circumstances in which ARTC suffers any loss as a result of default by the Access Holder Operator under this agreement.
Appears in 13 contracts
Samples: www.accc.gov.au, www.accc.gov.au, www.accc.gov.au
Exercise of Credit Support. (a) The Subject to clause 7.3(b), the Credit Support will be held by ARTC as security for the performance of the obligations of the Access Holder under this agreement and may be called upon by ARTC in any circumstances in which ARTC suffers any loss as a result of default by the Access Holder under this agreement.
Appears in 2 contracts
Samples: Access Holder Agreement, www.accc.gov.au
Exercise of Credit Support. (a) The Subject to clause 7.3(b), theThe Credit Support will be held by ARTC as security for the performance of the obligations of the Access Holder under this agreement and may be called upon by ARTC in any circumstances in which ARTC suffers any loss as a result of default by the Access Holder under this agreement.
Appears in 1 contract
Samples: Access Holder Agreement
