Common use of Provision of additional security Clause in Contracts

Provision of additional security. Subject to Clause 15.3, on receipt of the notification referred to in Clause 15.1, the Borrower shall, within 5 days of receipt of the notification, provide the Lender with, or procure the provision to the Lender of, such additional security as shall, in the opinion of the Lender, be adequate to make up such deficiency, which additional security shall take such form, be constituted by such documentation and be entered into by such parties as the Lender in its absolute discretion may approve or require.

Provision of additional security. Subject to Clause 15.315.4, on receipt of the notification referred to in Clause 15.115.2, the Borrower shall, within 5 15 days of receipt of the notification, provide the Lender with, or procure the provision to the Lender of, such additional security as shall, in the opinion of the Lender, be adequate to make up such deficiency, which additional security shall take such form, be constituted by such documentation and be entered into by such parties as the Lender in its absolute discretion may approve or require.

Provision of additional security. Subject to Clause 15.316.4, on receipt of the notification referred to in Clause 15.116.2, the Borrower shall, within 5 10 days of receipt of the notification, provide the Lender with, or procure the provision to the Lender of, such additional security as shall, in the opinion of the Lender, be adequate to make up such deficiency, which additional security shall take such form, be constituted by such documentation and be entered into by such parties as the Lender in its absolute discretion may approve or require.