Common use of Request to remove or reduce Security Clause in Contracts

Request to remove or reduce Security. (a) If the User has provided a Security pursuant to this clause 29 and considers that its financial circumstances have improved or any other relevant circumstances have changed since the provision of the Security, it may request DBCT Management to release or reduce the Security. (b) The User must provide to DBCT Management such evidence of its financial circumstances, or other relevant circumstances, as DBCT Management reasonably requests, before DBCT Management is obliged to consider the request.

Appears in 10 contracts

Samples: Access Agreement, Access Agreement, Access Undertaking

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Request to remove or reduce Security. (a) If the User has provided a Security pursuant to this clause 29 and considers that its financial circumstances have improved or any other relevant circumstances have changed since the provision of the Security, it may request DBCT Management DBIM to release or reduce the Security. (b) The User must provide to DBCT Management DBIM such evidence of its financial circumstances, or other relevant circumstances, as DBCT Management DBIM reasonably requests, before DBCT Management DBIM is obliged to consider the request.

Appears in 2 contracts

Samples: Standard Access Agreement, Standard Access Agreement

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Request to remove or reduce Security. Deleted: DBCT Management (a) If the User has provided a Security pursuant to this clause 29 and considers that its financial circumstances have improved or any other relevant circumstances have changed since the provision of the Security, it may request DBCT Management DBIM to release or reduce the Security.. Deleted: DBCT Management Deleted: DBCT Management Deleted: DBCT Management Deleted: DBCT Management (b) The User must provide to DBCT Management DBIM such evidence of its financial circumstances, or other relevant circumstances, as DBCT Management DBIM reasonably requests, before DBCT Management DBIM is obliged to consider the request.

Appears in 1 contract

Samples: Standard Access Agreement

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