Common use of Substitution of new Applicable Security Table Clause in Contracts

Substitution of new Applicable Security Table. 9.3.1 As soon as practicable following the increase in the Letter of Credit Amount, the provision by the Lessee of an Additional Security Amount or the payment of a Prepayment Amount by the Lessee, as the case may be, in each case in accordance with clause 25.2.1 or, the reduction in the Letter of Credit Amount or the release of any Additional Security Amounts, as the case may be, in each case in accordance with clause 25.2.2, the Lessor shall prepare and deliver to the Lessee a new Security Table ("Applicable Security Table") which shall be prepared on the same basis as the new Additional Security Table referred to in paragraph 9.2 was prepared save that:

Appears in 5 contracts

Samples: Dated April (Golar LNG LTD), Dated April 2003 (Golar LNG LTD), April 2003 (Golar LNG LTD)

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