Common use of Reduction of third party security Clause in Contracts

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreement, the Trader may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii), which will replace the earlier third party security.

Appears in 30 contracts

Samples: Default Distributor Agreement, Default Distributor Agreement, Default Distributor Agreement

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Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii12.1(b)(ii), which will replace the earlier third party security.

Appears in 29 contracts

Samples: powernet.co.nz, powernet.co.nz, topenergy.co.nz

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii), which will replace the earlier third party security.

Appears in 4 contracts

Samples: Default Distributor, Default Distributor Agreement, Default Distributor

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(iiSchedule 6.6.2(b)(ii), which will replace the earlier third party security.

Appears in 4 contracts

Samples: www.mainpower.co.nz, www.mainpower.co.nz, www.thelinescompany.co.nz

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Network User may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii1.1(c)(iv), which will replace the earlier third party security.

Appears in 3 contracts

Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii12.1(b)(ii), which will replace the earlier third party security.security.β€Œ

Appears in 2 contracts

Samples: www.centralines.co.nz, www.unison.co.nz

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii), 6.6.1(b)(ii) which will replace the earlier third party security.

Appears in 1 contract

Samples: www.ea.govt.nz

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii), 8.1(b)(ii) which will replace the earlier third party security.

Appears in 1 contract

Samples: blob-static.vector.co.nz

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Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Network User may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii1.1 (c)(ii), which will replace the earlier third party security.

Appears in 1 contract

Samples: Use of System Agreement

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii12.1(b)(ii), which will replace the earlier third party security.

Appears in 1 contract

Samples: www.networkwaitaki.co.nz

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(iiClause 15.1(b)(ii), which will replace the earlier third party security.

Appears in 1 contract

Samples: System Agreement

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii13.1(b)(ii), which will replace the earlier third party security.

Appears in 1 contract

Samples: static1.squarespace.com

Reduction of third party security. If the Distributor decreases the value of third party security required in accordance with this Agreementagreement, the Trader Retailer may arrange for the issuing of new third party security for the lesser value, in satisfaction of clause 10.2(b)(ii), 6.4.1(b)(ii)6.6.1(b)(ii) which will replace the earlier third party security.

Appears in 1 contract

Samples: blob-static.vector.co.nz

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