Common use of Requested Security Amount Clause in Contracts

Requested Security Amount. ‌ (a) Where a request for Requested Security has been made in accordance with clause 10.1(c), if at any time the Requested Security Amount exceeds 110% of the amount of the security provided by you and held by ▇▇▇▇▇▇▇▇, Sunwater may, by notice in writing: (i) advise you that the Requested Security Amount is greater than 110% of the amount of the security provided by you as held by ▇▇▇▇▇▇▇▇ as at the date of the notice; and (ii) advise you of the adjusted

Appears in 3 contracts

Sources: River Supply Contract, Channel and Pipeline Supply Contract, River Supply Contract

Requested Security Amount. (a) Where a request for Requested Security has been made in accordance with clause 10.1(c), if at any time the Requested Security Amount exceeds 110% of the amount of the security provided by you and held by ▇▇▇▇▇▇▇▇, Sunwater may, by notice in writing: (i) advise you that the Requested Security Amount is greater than 110% of the amount of the security provided by you as held by ▇▇▇▇▇▇▇▇ as at the date of the notice; and (ii) advise you of the adjusted

Appears in 1 contract

Sources: Channel and Pipeline Supply Contract