Financial Security definition

Financial Security means Financial Security Assurance Inc., a New York stock insurance company, its successors and assigns.

Financial Security means Financial Security Assurance Inc., a New York stock insurance company.

Financial Security means, in relation to a recipient, the prevention of substantial losses of money or of value of property;

Examples of Financial Security in a sentence

• The Multiplex Licensee will terminate or return the Financial Security to the Access Seeker as soon as reasonably practicable following termination or expiry of this Agreement, or determination by the Multiplex Licensee under clause 12.2(f), that a Financial Security is no longer required in respect of the Access Seeker.

• Upon the City’s Initial Acceptance of the Public Improvements, the Financial Security shall be released to Developer with the City reserving twenty-five (25%) percent until Final Acceptance.

• Payment of Financial Security to the City shall be in accordance with Section 10-6-3.1 of the Littleton City Code.

• An Act To Promote the Financial Security of Maine’s Families and Children, 2004 Me. Laws 1579 (codified in various parts of Me. Laws) (new institution of “reg- istered domestic partners”); 2009 Md. Laws ch.

• Developer and City acknowledge that the Financial Security for the Public Improvements is an amount mutually agreed upon by the Parties and based on the EOPC and does not necessarily reflect the estimate of what the actual cost to the City would be if the City were required to fund construction of all the Public Improvements.

More Definitions of Financial Security

Financial Security means the financial security provided under and in accordance with the provisions of Section 2 and other provisions of this Agreement and with the provisions of Section 6 of the Development Agreement (including any additional financial security made part thereof, any increases and other adjustments thereto, and any financial security substituted therefor) and the funds representative thereof and therein.

Financial Security means having a net worth of not less than $10,000.

Financial Security. Financial Security Assurance Inc., a monoline insurance company incorporated under the laws of the State of New York, or any successor thereto.

Financial Security means a method of providing surety of financial performance and may include provision of a bond, assignment of savings, letter of credit or other financial guarantee approved by the city attorney.

Financial Security means holding financial security in a tank system or facility site and is not considered ownership of a tank system unless certain criteria of 40 CFR 280 Subpart H is met.

Financial Security means any instrument that secures the payment of amounts due and owing under this Agreement and includes, without limitation, a bank guarantee, a parent company guarantee, personal guarantee from directors, a letter of credit, security over a bank deposit, a related company guarantee, a right of set-off, a fixed charge or a fixed and floating charge. Force Majeure Event means any event or circumstance outside a person's reasonable control, and includes fire, storm, flood, earthquake, accident, war, terrorist act, labour dispute (other than a dispute solely between that person and its own staff or staff under its control), materials or labour shortage. Foundation Category 1 Digital Radio Multiplex Transmitter Licence has the meaning given to it in section 98C of the Radiocommunications Act.

Financial Security means a deposit of money, a performance bond or bank guarantee, an insurance policy or a letter of credit. "Good Industry Practice" means in relation to any undertaking and any circumstances, the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances. "normal capability limits" means the technical limits that would normally apply to the provision of its transmission services in accordance with the STC as at the date this condition comes into force.