Trader elects prudential requirements. If the Distributor requires the Trader to comply with prudential requirements in accordance with clause 10.1, the Trader must comply with either of the following prudential requirements:
Appears in 32 contracts
Samples: Default Distributor Agreement, Default Distributor Agreement, Default Distributor Agreement
Trader elects prudential requirements. If the Distributor requires the Trader to comply with prudential requirements in accordance with clause 10.1, the Trader must comply with either of the following prudential requirements: the Trader must maintain an acceptable credit rating at all times; or the Trader must provide and maintain at all times acceptable security by, at the Trader's election:
Appears in 2 contracts
Samples: westpower.co.nz, westpower.co.nz
