Common use of Minimum required security cover Clause in Contracts

Minimum required security cover. Clause 29.2 (Provision of additional security; prepayment) applies if, at any time during the Security Period, the Facility Agent notifies the Borrowers that the Security Value is below 130 per cent. of the aggregate of (i) the Loan and (ii) the Hedging Close Out Liabilities in respect of any Additional Swaps.