Common use of Provision of Initial Security Clause in Contracts

Provision of Initial Security. (a) LTES Operator must provide the Initial Security to SFV within 20 Business Days after the Signing Date or as otherwise agreed between the parties. (b) If LTES Operator does not provide the Initial Security where required under paragraph (a), then SFV may terminate this agreement by written notice to LTES Operator with immediate effect.

Provision of Initial Security. (a) LTES Operator must provide the Initial Security to SFV within 5 20 Business Days after the Signing Date or as otherwise agreed between the parties. (b) If LTES Operator does not provide the Initial Security where required under paragraph (a), then SFV may terminate this agreement by written notice to LTES Operator with immediate effect.

Provision of Initial Security. (a) LTES Operator must provide the Initial Security to SFV within 20 5 Business Days after the Signing Date or as otherwise agreed between the parties. (b) If LTES Operator does not provide the Initial Security where required under paragraph (a), then SFV may terminate this agreement by written notice to LTES Operator with immediate effect.