Common use of Return of Security Clause in Contracts

Return of Security. Aurizon Network must repay or return to the End User (and where appropriate provide to the End User any necessary releases in relation to) any Security provided by the End User under Clause 3.4: (a) subject to Aurizon Network’s rights of recourse to the Security in Clause 3.5, promptly after the Termination Date; (b) on receipt of an additional or replacement Security provided by the End User in accordance with Clause 3.4(c) or 3.4(f); or (c) following a review pursuant to Clause 3.4(g), Aurizon Network, acting reasonably, finds that it is not necessary for the End User to provide Aurizon Network with a Security.

Appears in 6 contracts

Samples: End User Access Agreement, End User Access Agreement, End User Access Agreement

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