Security Requirement definition

Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:
Security Requirement means the amount in Dollars (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Bank) which is, at any relevant time, One hundred and twenty per cent (120%) of the aggregate of (a) the Loan and (b) the cost (if any) (as certified by the Bank whose certificate shall in the absence of manifest error be conclusive and binding on the Borrowers and the Bank) of terminating any Transactions entered into pursuant to the Master Swap Agreement;
Security Requirement means the amount in Dollars (as certified by the Lender whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Lender) which is at least equal to:

Examples of Security Requirement in a sentence

  • Bidders are to supply the following information, as a minimum, to demonstrate compliance with the Security Requirement.

  • PJMSettlement may waive the Financial Security Requirement for a Participant that agrees in writing that it shall not, after the date of such agreement, incur obligations under any of the Agreements.

  • This rate reflects an execution of 76% of the payroll budget and 86% of the annual operation and maintenance budget.

  • PJMSettlement will maintain a posting of each Participant’s Financial Security Requirement on the PJM web site in a secure, password-protected location.

  • A Participant may reduce its Financial Security Requirement by agreeing in writing (in a form acceptable to PJMSettlement) to make additional payments, including prepayments, as and when necessary to ensure that such Participant’s Total Net Obligation at no time exceeds such reduced Financial Security Requirement.


More Definitions of Security Requirement

Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Agent) which is at any relevant time one hundred and twenty-five per cent. (125%) of the aggregate amount of the Loans.
Security Requirement means the security deposit or banker’s guarantee given by the Requesting Licensee to OpenNet in accordance with the main body of the ICO Agreement;
Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the other Creditors) which is at any relevant time, one hundred and fifteen per cent (115%) of the aggregate of (a) the Loan and (b) the Swap Exposure, as at that time;
Security Requirement means the security deposit or banker’s guarantee given by the Requesting Licensee to SingTel in accordance with the main body of the RIO Agreement;
Security Requirement means the amount in Dollars (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Bank) which shall be equal to one hundred and twenty per cent (120%) of (i) the Loan (or the Equivalent Amount in Dollars when the Loan or part thereof is denominated in an Optional Currency) and (ii) the cost (if any) (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Bank) of terminating any Transaction entered into pursuant to the Master Swap Agreement;”;
Security Requirement means the specifications in terms of functions or level of assurance relating to the security measures to be implemented in an information system to ensure that it meets the security needs.
Security Requirement means the amount in Euros (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditor Parties) which is, at any relevant time: