(a) Within five (5) Days from the Operations Start Date, the Company shall provide and deliver to the Agency a surety bond callable on demand in the form set out in Schedule 7 (Form of Performance Security) as security for the performance by the Company of all of its obligations under this Agreement from the Provisional Operations Start Date until the Termination Date (the "Operating Security"), including:
(i) failure of the Company to comply with the Operating Procedures for the Facilities unless the failure results from a change in the Operating Procedures after approval at the instance of the Agency pursuant to Section 6.2.1(d); or
(ii) failure of the Company to comply with the Service Quality Requirements in Schedule 15 (Service Quality Requirements).
(b) The Operating Security shall have a value equivalent to [●] and shall be issued by a Performance Security Issuer in favor of the Agency. The Company shall ensure that the Operating Security is always valid and regularly renewed or extended.