Common use of Additional Security Clause in Contracts

Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the Retailer, require the Retailer to provide Additional Security. If the Distributor requires the Retailer to provide Additional Security:

Appears in 24 contracts

Samples: powernet.co.nz, powernet.co.nz, topenergy.co.nz

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Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the Retailer, require the Retailer to provide Additional Security. If the Distributor requires the Retailer to provide Additional Security:Security:‌

Appears in 2 contracts

Samples: www.centralines.co.nz, www.unison.co.nz

Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the Retailer, require the Retailer to provide Additional Security. If the Distributor requires the Retailer to provide Additional Security:: the Retailer may elect the type of security that it provides in accordance with clause 12.1(b); and

Appears in 2 contracts

Samples: www.unison.co.nz, www.unison.co.nz

Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the RetailerTrader, require the Retailer Trader to provide Additional Security. If the Distributor requires the Retailer Trader to provide Additional Security:

Appears in 1 contract

Samples: www.networkwaitaki.co.nz

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Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the Retailer, require the Retailer to provide Additional Security. If the Distributor requires the Retailer to provide Additional Security:: Deleted: <#>Additional security: The Distributor and the Retailer agree that of the security provided by the Retailer as specified in clause 12.6, $[insert amount] is additional security required by the Distributor in accordance with clause 12A.5 of the Code ("Additional Security").¶ OR¶

Appears in 1 contract

Samples: www.ea.govt.nz

Additional Security. If the value of the security required for the purposes of this clause has been calculated in accordance with clause 12A.4 of the Code, the Distributor may, by notice to the Retailer, require the Retailer to provide Additional Security. If the Distributor requires the Retailer to provide Additional Security:: the Retailer may elect the type of security that it provides in accordance with clause 6.6.3; and

Appears in 1 contract

Samples: www.ea.govt.nz

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