Common use of Exercise of Security Clause in Contracts

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.

Appears in 6 contracts

Samples: End User Access Agreement, End User Access Agreement, End User Access Agreement

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