Common use of Requirement to maintain security Clause in Contracts

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 and the value of any Additional Security required by clause 12.7 (as such may be reviewed by the Distributor in accordance with clause 12.10), as required by clause 12.1(b).

Appears in 25 contracts

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

AutoNDA by SimpleDocs

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreementAgreement, or calls on the provider of a third party security, the Retailer will Trader must within 5 Working Days take all steps necessary to ensure that the Retailer Trader maintains acceptable security of the value specified in clause 12.6 10.6 and the value of any Additional Security required by clause 12.7 (as such may be reviewed by the Distributor in accordance with clause 12.10), as required by clause 12.1(b).clause

Appears in 20 contracts

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

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreementAgreement, or calls on the provider of a third party security, the Retailer will Trader must within 5 Working Days take all steps necessary to ensure that the Retailer Trader maintains acceptable security of the value specified in clause 12.6 10.6 and the value of any Additional Security required by clause 12.7 10.7 (as such may be reviewed by the Distributor in accordance with clause 12.1010.11), as required by clause 12.1(b10.2(b).

Appears in 15 contracts

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

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 and the value of any Additional Security required by clause 12.7 (as such each may be reviewed by the Distributor in accordance with clause 12.10), as required by clause 12.1(b).

Appears in 6 contracts

Samples: blob-static.vector.co.nz, blob-static.vector.co.nz, blob-static.vector.co.nz

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will must within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 Schedule 6.6.6 and the value of any Additional Security required by clause 12.7 Schedule 6.6.7 (as such may be reviewed by the Distributor in accordance with clause 12.10Schedule 6.6.11), as required by clause 12.1(bSchedule 6.6.2(b).

Appears in 4 contracts

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

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 and the value of any Additional Security required by clause 12.7 (as such may be reviewed by the Distributor in accordance with clause 12.10)12.3, as required by clause 12.1(b).Error! Reference source not found..

Appears in 1 contract

Samples: www.powerco.co.nz

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 6.6.6 and the value of any Additional Security required by clause 12.7 (as such may be reviewed by the Distributor in accordance with clause 12.10)6.1.1, as required by clause 12.1(b)6.6.1(b) .

Appears in 1 contract

Samples: www.ea.govt.nz

AutoNDA by SimpleDocs

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 8.6 and the value of any Additional Security required by clause 12.7 8.7 (as such each may be reviewed by the Distributor in accordance with clause 12.108.10), as required by clause 12.1(b8.1(b).

Appears in 1 contract

Samples: blob-static.vector.co.nz

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreementAgreement, or calls on the provider of a third party security, the Retailer will within 5 Working Days take all steps necessary to ensure that the Retailer maintains acceptable security of the value specified in clause 12.6 and the value of any Additional Security required by clause 12.7 Clause 15.6 (as such may be reviewed by the Distributor in accordance with clause 12.10Clause 15.8), as required by clause 12.1(bClause 15.1(b).

Appears in 1 contract

Samples: System Agreement

Requirement to maintain security. To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this agreement, or calls on the provider of a third party security, the Retailer Trader will within 5 Working Days take all steps necessary to ensure that the Retailer Trader maintains acceptable security of the value specified in clause 12.6 and the value of any Additional Security required by clause 12.7 (as such may be reviewed by the Distributor in accordance with clause 12.10), as required by clause 12.1(b).

Appears in 1 contract

Samples: www.networkwaitaki.co.nz

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!