Other Security definition

Other Security means any security acceptable to the commissioner other than security meeting the definition of Primary Security.

Other Security means a mutually acceptable producer security agreement, acceptable to the director, approved and signed by the milk buyer and all milk sellers selling milk to that milk buyer.

Other Security means any stock (other than Common Stock) and other securities of the Company or any other Person that the Holder at any time shall be entitled to receive or shall have received, upon the exercise of the Warrants, in lieu of or in addition to Common Stock, or that at any time shall be issuable or shall have been issued in exchange for or in replacement of Common Stock or Other Securities.

Examples of Other Security in a sentence

• Prior to any Detachable Date, each transfer of the Other Security shall operate also to transfer the related Warrant Certificates.

• This means that if you have mortgaged other property to us you will not have the right, after Default, to pay off the Mortgage or any mortgage of other property unless you pay us the money owed by you under both the Mortgage and the Other Security.

• If we get a judgment from the court, or recover any money under the Other Security, this will not affect our rights to enforce our rights under the Mortgage.

• All such costs and expenses incurred by Lender together with interest thereon calculated at the Default Rate shall be deemed to constitute a portion of the Debt and be secured by this Security Instrument and the Other Security Documents and shall be immediately due and payable upon demand by Lender therefor.

• The relationship between Borrower and Lender is solely that of debtor and creditor, and Lender has no fiduciary or other special relationship with Borrower, and no term or condition of any of the Note, this Security Instrument and the Other Security Documents shall be construed so as to deem the relationship between Borrower and Lender to be other than that of debtor and creditor.

More Definitions of Other Security

Other Security means any share or other security in the capital of or issued by JMB other than the Class A Common Shares, the Class B Common Shares or the Class C Common Shares, and “Other Securities” means more than one;

Other Security means a trust fund, letter of credit, insurance, or other form of financial responsibility approved by the Department.

Other Security means the or, as the case may be, each other security specified in the definition of Underlying;

Other Security means any security interest given by the Guarantor to Cenvet in addition to this guarantee to better secure the Purchaser’sobligations;

Other Security means any units (other than Common Units) and other securities of the Company or any other Person that the Holder at any time shall be entitled to receive or shall have received, upon the exercise of the Warrants, in lieu of or in addition to Common Units, or that at any time shall be issuable or shall have been issued in exchange for or in replacement of Common Units or Other Securities.

Other Security means the General Security Agreement and the Assignment Agreement being given by the Chargor to the Chargee simultaneously with this Charge;

Other Security means any security acceptable to the Superintendent that does not meet the definition of Primary Security.