Common use of Agreement Security Clause in Contracts

Agreement Security. The Concessionaire shall submit to the Contracting Authority the Agreement Security, on the Date of Signing. In case of lowering the Agreement Security value in accordance with this Agreement, the Concessionaire shall be committed to immediately return the Agreement Security amount to an amount equal to throughout the Agreement Term.

Agreement Security. The Concessionaire shall submit to the Contracting Authority the Agreement Security, on the Date of Signing. In case of lowering the Agreement Security value in accordance with this Agreement, the Concessionaire shall be committed to immediately return the Agreement Security amount to an amount equal to _________________________ throughout the Agreement Term.