Common use of SECURITY PROVISION Clause in Contracts

SECURITY PROVISION. the Lessee: (a) fails to comply with any obligation on its part contained in clause 25 to provide Additional Security for its obligations hereunder within the time provided in that clause; or (b) fails to give any notice of termination required to be given under, and within the time period specified in, the relevant sub-clauses of clause 25; or (c) fails to perform its obligations under clauses 25.8.2 and 25.8.3 within the time period provided in those clauses; or (d) the Lessor services a notice on the Lessee pursuant to clauses 25.10.1 or 25.10.2;