Common use of Approved Security Clause in Contracts

Approved Security. An unconditional undertaking (duly stamped) in the form set out in the Schedule of Collateral Documents and otherwise on terms and given by a financial institution approved by the Contractor.

Approved Security. An unconditional undertaking (duly stamped) in the form set out in the Schedule of Collateral Documents and otherwise on terms terms, and given by a financial institution institution, approved by the Contractor.

Approved Security. An unconditional undertaking (duly stamped) in the form set out in the Schedule of Collateral Documents and otherwise on terms and given by a financial institution approved by the ContractorCommonwealth.