Security Amount Clause Samples

Security Amount. At least ***** prior to the Scheduled Delivery Date, Lessee shall pay as Supplemental Rent to Lessor the Security Amount (such amount of Supplemental Rent together with all other and further payments made to Lessor under this Clause 6.2, the “Security”). No interest will accrue or be paid to Lessee in respect of the Security and Lessor shall be free to commingle the Security with its unrestricted cash accounts.

Security Amount. In general, Landlords will seek some protection for their property through a security deposit. This amount of money will be submitted by the Tenant (Family Member) and held by the Landlord to cover any damages or violations the Tenant (or Family Member) is responsible to pay for. If the agreement naturally terminates without incident, this security deposit will be returned to the Tenant. Make sure you are up-to-date on the County and State requirements for how much may be held as a security deposit then document the amount the Landlord shall collect as a security deposit. Section 8. Rent (11)

Security Amount. Within five (5) days following the Consent Date, Subtenant shall deliver to Sublandlord security (the “Security”) for the faithful performance by Subtenant of all of its obligations under this Sublease and for all losses and damages Sublandlord may suffer as a result of Subtenant’s default (beyond applicable notice and cure periods) of this Sublease, in the amount equal to $372,920 (the “Security Amount”), either in the form of a cash Security Deposit or a Letter of Credit, as provided for below. Without prejudice to any other remedy available to Sublandlord under this Sublease or at law, if Subtenant fails to pay rent or other sums due hereunder, or otherwise defaults (in all events beyond applicable notice and cure periods) with respect to any provisions of this Sublease, Sublandlord may use, apply or retain all or any portion of the Security Deposit or draw on the Letter of Credit, as the case may be, for the payment of any rent or other sum in default or for the payment of any other sum to which Sublandlord may become obligated by reason of Subtenant’s default, or to compensate Sublandlord for any loss or damage which Sublandlord may suffer thereby (specifically excluding consequential, special or punitive damages).

Security Amount. (General Conditions of Contract Clause 2.4 (a)) 6. Date for Completion of Matters prior to the Commencement of Train Services: 2. CHARGES 34 2.1 Access Charges 34 2.2 Invoicing 35 2.3 GST 36

Security Amount. ‌ (a) If at any time the Security Amount exceeds 110% of the amount of the security provided by you then held by ▇▇▇▇▇▇▇▇, Sunwater may, by notice in writing: (i) advise you that the 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 Security Amount. (b) Within 30 days after receiving a notice under clause 10.7(a), you must: (i) replace the security provided by you with further security for the adjusted

Security Amount. Customer agrees to secure the performance of its obligations under the Agreement by maintaining the security amount, in the amount and in the method indicated in Section V of the MSA (the “Security Amount”).

Security Amount. (General Conditions of Contract Clause 2.4 (a)) 6. Date for Completion of Matters prior to the Commencement of Train Services: CONTENTS 1. DEFINITIONS AND INTERPRETATION 16 1.1 Definitions 16 1.2 Interpretation 35 2. CHARGES 36 2.1 Access Charges 36 2.2 Invoicing 36 2.3 GST 37 2.4 Obligation to Provide Security 37 2.5 Exercise of Security 39 2.6 Return of Security 39 2.7 Weighbridges and Overload Detectors 39 3. TRAIN SERVICE ENTITLEMENTS 41 3.1 Train Services 41 3.2 Reduction of Access Rights 42 3.3 Relinquishment and Transfer of Access Rights 44

Security Amount. $[the estimated reasonable and prudent costs of decommissioning and removing the Connecting Infrastructure (including a reasonable and prudent contribution for Aurizon Network's internal costs related to such decommissioning and removal) upon the expiry of this Agreement so as to remove the connection between the Network and the Private Infrastructure and restore the affected section of the Network to a condition consistent with the adjacent sections of the Network] [The date which is the scheduled date for availability of the connection] [To be used where Aurizon Network is constructing Connecting Infrastructure] [The later of [the date which is scheduled for availability of the connection] and [#] days after the Private Infrastructure Owner gives notice to Aurizon Network that construction of the Connecting Infrastructure is complete.] [To be used where the Private Infrastructure Owner is constructing Connecting Infrastructure] Item 5 Party responsible for the planning, design and construction of the Connecting Infrastructure (clause 6(a) and clause 7(a)) [Insert either Aurizon Network or Private Infrastructure Owner] Item 6 Cap on liability (clause 23(c)) $ [#] per Train Service contracted to enter and/or exit the Network via the Connecting Infrastructure Item 7 Aurizon Network Train Control contact (clause 15(a)) Name: Address: Facsimile: Telephone: Email: Schedule 2 – Plan showing Connecting Infrastructure, Private Infrastructure and the Network Schedule 3 – Insurance 1 Required Private Infrastructure Owner Insurances $20,000,000 for any one claim and in the aggregate (indexed annually in accordance with the MCI).

Security Amount. 5.1. The Retail Partner hereby understands that by virtue of the Company making available the Platform, Website and/or Company Services to Retail Partner and Services being provided by Retail Partner, the Company is exposed to various risks, including credit risk, operational risk, reputational risk, compliance risk and contractual risk. a) The Retail Partner agrees and acknowledges that the Company may, in order to manage the risks associated with the transactions on Website / Platform and Services being provided by Retail Partner, require the Retail Partner to maintain a non-interest bearing security with Company, either directly or with the assistance of BP from time to time (“Security Amount”) in such manner and form as maybe required by the Company. b) Retail Partner hereby acknowledges and agrees that depending upon the nature of Services or Company Services, the Company shall have the right, from time to time, to restrict/ permit certain/all transactions on Website / Platform up to a maximum limit (the “Transaction Limit”). The Transaction Limit for a Retail Partner shall be determined at the sole discretion of Company, relying on factors including but not limited to, the Security Amount maintained by the Retail Partner with Company, Retail Partner’s creditworthiness, any amounts due from the Retail Partner to the Company and performance record and/or nature of Services provided by the Retail Partner. c) The Retail Partner acknowledges and understands that: (i) the Company has contractual arrangements with vendors and upon the Retail Partner availing Company Services and undertaking transactions on Website / Platform, the vendors charge certain amount/ fees to the Company for the service availed (“Vendor Payments”); (ii) the Company has agreed to provide Company Services, including goods or products (including Company developed products and services and third-party goods), to the Retail Partner in consideration of the Retail Partner paying the Company Service Fee to the Company on a daily settlement cycle, and the Company faces credit risks associated with the Retail Partner not paying the Company Service Fee and the Vendor Payments (Company Service Fee and Vendor Payments collectively referred as “Due Amounts”). The Retail Partner hereby unconditionally agrees to a daily settlement cycle for Due Amounts, and it shall be obliged to pay the respective Due Amounts on an end-of-day basis (i.e., before 11pm). In the event that Retail Partner fails to pa...