Common use of Request for Security Clause in Contracts

Request for Security. SunWater may request the provision of security if: (a) the Customer commits a breach nominated in either of clause 12.2(a), (b), (c) or

Appears in 2 contracts

Sources: Bulk Water Supply Contract, Standard Contract Resource Operations Licence

Request for Security. SunWater may request the provision of security if: (a) the Customer commits a breach nominated in either of clause 12.2(a12.2(a)(i), (bii), (ciii), or (v) of this Agreement, whether SunWater has given a direction or not; or (b) SunWater is not reasonably satisfied as to the financial capacity of the Customer to comply with its obligations under this Agreement.

Appears in 1 contract

Sources: Bulk Water Supply Contract

Request for Security. SunWater may request the provision of security if: (a) the Customer commits a breach nominated in either of clause 12.2(a12.2 (a), (b), (c) or (e) of this Agreement, whether SunWater has given a direction or not; or (b) SunWater is not reasonably satisfied as to the financial capacity of the Customer to comply with its obligations under this Agreement.

Appears in 1 contract

Sources: Standard Supply Contract

Request for Security. SunWater may request the provision of security if: (a) the Customer commits a breach nominated in either of clause 12.2(a), (b), (c) or (e) of this Agreement, whether SunWater has given a direction or not; or (b) SunWater is not reasonably satisfied as to the financial capacity of the Customer to comply with its obligations under this Agreement.

Appears in 1 contract

Sources: Standard Supply Contract