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 45 contracts

Samples: Distributor Agreement, Distributor Agreements, 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: 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 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 5 contracts

Samples: Distribution Agreement, Distribution Agreement, Distributor 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)(iiSchedule 6.6.2(b)(ii), which will replace the earlier third party security.

Appears in 4 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 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: 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 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 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: Use of System 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 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: 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)(ii13.1(b)(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: 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)(ii), 8.1(b)(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 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: Use of System Agreement

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