Exercise of Security. A Security may be called upon by QR Network in any circumstances where QR Network suffers direct loss or damage as a result of default by the Operator under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. (a) The Security will be held by ARTC as security for the performance of the obligations of the 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 Operator under this Agreement.
Exercise of Security. The Security will be held by Aurizon Network as security for the performance of the obligations of the End User under this Agreement and may be called upon by Aurizon Network in any circumstances where Aurizon Network suffers direct loss or damage as a result of default by the End User under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. A Security may be called upon by Aurizon Network in any circumstances where Aurizon Network suffers direct loss or damage as a result of default by the Operator under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. The Security will be held by QR Network as security for the performance of the obligations of the End User under this Agreement and may be called upon by QR Network in any circumstances where QR Network suffers direct loss or damage as a result of default by the End User under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. The Security Deposit will be held by QR Network as security for the performance of the obligations of the Operator under this Agreement and may be called upon by QR Network in any circumstances where QR Network suffers direct loss or damage as a result of default by the Operator under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. If Client fails to pay any amount due to Global Prime in accordance with the requirements of this agreement, Global Prime may, without needing to give prior notice, exercise its rights under the Security including requiring delivery to it of all or any of the Custodial Assets and the sale of those Custodial Assets. For clarity, Global Prime need not exercise its rights in relation to Custodial Assets prior to calculating the net amount payable on termination nor determining that Client owes Global Prime the net amount payable.
Exercise of Security. If the Customer fails to pay any amount due to UBS in accordance with clause 9.4, UBS may, without the need to give further notice, exercise its rights under the Security including requiring delivery to it of all or any of the Custodial Assets and the sale of those Custodial Assets.
Exercise of Security. Deleted: Aurizon Network Deleted: Aurizon Network A Security may be called upon by Queensland Rail in any circumstances where Queensland Rail suffers direct loss or damage as a result of default by the Operator under this Agreement and is entitled to be compensated for such loss or damage under this Agreement.
Exercise of Security. The Security will be held by Queensland Rail as security for the performance of the obligations of the End User under this Agreement and may be called upon by Queensland Rail in any circumstances where Queensland Rail suffers direct loss or damage as a result of default by the End User under this Agreement and is entitled to be compensated for such loss or damage under this Agreement. Return of Security Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: fourteen Deleted: 4 Deleted: d Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network Deleted: Aurizon Network
