Common use of Security Amount Clause in Contracts

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).