Value of security. The value of security required for the purposes of this clause 10 is the Distributor's reasonable estimate of the Distribution Services charges that the Trader will be required to pay to the Distributor in respect of any period of not more than 2 weeks, notified in writing by the Distributor to the Trader. If additional security is required in accordance with clause 10.7 ("Additional Security"), the Distributor's notice provided under clause 10.1 must state the amount of the Additional Security.
Appears in 47 contracts
Samples: Distributor Agreement, Distributor Agreements, Default Distributor Agreement
Value of security. The value of security required for the purposes of this clause 10 is the Distributor's ’s reasonable estimate of the Distribution Services charges that the Trader will be required to pay to the Distributor in respect of any period of not more than 2 weeks, notified in writing by the Distributor to the Trader. If additional security is required in accordance with clause 10.7 ("“Additional Security"”), the Distributor's ’s notice provided under clause 10.1 must state the amount of the Additional Security.
Appears in 2 contracts
Samples: Distribution Agreement, Distributor Agreement
Value of security. The value of security required for the purposes of this clause 10 is the Distributor's reasonable estimate of the Distribution Services charges that the Trader will be required to pay to the Distributor in respect of any period of not more than 2 weeks, notified in writing by the Distributor to the Trader. .. If additional security is required in accordance with clause 10.7 ("Additional Security"), the Distributor's notice provided under clause 10.1 must state the amount of the Additional Security.
Appears in 1 contract
Samples: Distributor Agreement