Obligation to Provide Security. In accordance with Section 1.5.8(j) of Schedule 6 of the Operating Agreement, Designated Entity shall provide Transmission Provider a letter of credit as acceptable to Transmission Provider (Designated Entity Letter of Credit) or cash security in the amount of $5,830,050, which is three percent of the estimated cost of the Project. Designated Entity is required provide and maintain the Designated Entity Letter of Credit, as required by Section 1.5.8(j) of Schedule 6 of the Operating Agreement and Section 3.0 of this Agreement. The Designated Entity Letter of Credit shall remain in full force and effect for the term of this Agreement and for the duration of the obligations arising therefrom in accordance with Article 17.0.
Obligation to Provide Security. (a) The End User must deliver to Aurizon Network, prior to the operation of Train Services, and maintain during the Term, security for the performance of the End User’s obligations under this Agreement in the form of:
Obligation to Provide Security. (a) The Operator must deliver to Aurizon Network, prior to the operation of Train Services, and maintain during the Term security for the performance of the Operator’s obligations under this Agreement in the form of:
Obligation to Provide Security. (a) The Operator must deliver to QR Network, prior to the operation of Train Services, and maintain during the Term security for the performance of the Operator’s obligations under this Agreement in the form of:
Obligation to Provide Security. You agree to execute such further documents and to take such further steps as we may reasonably require to perfect our security interest over and obtain legal title to the Secured Obligations.
Obligation to Provide Security. (a) The End User must deliver to QR Network, prior to the operation of Train Services, and maintain during the Term, security for the performance of the End User’s obligations under this Agreement in the form of:
Obligation to Provide Security. (a) The Access Holder must deliver to QR Network, prior to the operation of Train Services, and maintain during the Term security for the performance of the Access Holder’s obligations under this Agreement in the form of:
Obligation to Provide Security. Deleted: Aurizon Network
Obligation to Provide Security. The Service Provider must ensure that AEMO holds the benefit of the Security for the amount specified in the Contract Details as amended under clause 3.7. The Security must be an obligation in writing that:
Obligation to Provide Security. (a) If a Security Amount is specified in the Procurement Form, the Contractor must provide to the Principal the Security in accordance with this clause 6 and substantially in the form set out in Schedule 5.
