Common use of Review of requirement to provide Security Clause in Contracts

Review of requirement to provide Security. If at any time during the Term, the Access Holder: (a) is required to provide Security under this clause 6; and (b) considers that its financial circumstances have changed such that it should no longer be required to provide Security, then the Access Holder may request (provided that the Access Holder must not request more than once in any Year) that Aurizon Network review the creditworthiness of the Access Holder and Aurizon Network will undertake such a review when requested.

Appears in 11 contracts

Samples: Standard Access Agreement, Access Agreement, Standard Access Agreement

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Review of requirement to provide Security. β€Œ If at any time during the Term, the Access Holder: (a) is required to provide Security under this clause 6; and (b) considers that its financial circumstances have changed such that it should no longer be required to provide Security, then the Access Holder may request (provided that the Access Holder must not request more than once in any Year) that Aurizon Network review the creditworthiness of the Access Holder and Aurizon Network will undertake such a review when requested.

Appears in 4 contracts

Samples: Access Agreement, Standard Access Agreement, Access Agreement

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