AS SECURITY FOR Sample Clauses

AS SECURITY FOR. For the sum of thirty-five million nine hundred thousand euro, representing the principal € 35,900,000.00 Interest and fees of which the ranking is protected by law Memorandum Total amounts ancillary to the receivable, (including inter alia but without limitation): - (i) agreed fees, - (ii) increased interest payable on any late payment of sums owed, - (iii) indemnities and termination costs (all sums owed by way of indemnities, inter alia on Acceleration, damages and penalties, travel costs of the creditor, costs associated with the assignment of the receivable after acceleration, costs constituted by fees, recovery costs, procedural costs, indemnities payable in the event of an order being handed down…), - (iv) taxes payable in connection with sums owed, - (v) insurance premiums, - (vi) costs (costs of procuring a transfer of title, registration costs and registration renewal costs, enforcement and recovery costs…), at the rate of eight per cent (8%) of the principal amount, namely: two million eight hundred and seventy-two thousand Euros € 2,872,000.00 Total to be registered: THIRTY-EIGHT MILLION SEVEN HUNDRED AND SEVENTY-TWO THOUSAND EUROS € 38.772.000,00 For the sole purposes of the formalisation of this registration, it is hereby specified that the Interest Rate applicable to the Acquisition Sub-Tranche is on this day calculated at one point six four five per cent (1.645%) per annum. This registration shall remain in force, in accordance with the provisions of Article 2434 of the French Civil code, until 27 February 2020 and shall not be superseded by any registration in favour of a third party.
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AS SECURITY FOR. The sum of twenty million Euros, representing the principal € 20,000,000.00 Interest and fees of which the ranking is protected by law Memorandum Total amounts ancillary to the receivable, (including inter alia but without limitation): - (i) agreed fees, - (ii) increased interest payable on any late payment of the sums owed, - (iii) indemnities and termination costs (all sums owed by way of indemnities, inter alia on Acceleration, damages and penalties, travel costs of the creditor, costs associated with the assignment of the receivable after acceleration, costs constituted by fees, recovery costs, procedural costs, indemnities payable in the event of an order being handed down…), - (iv) taxes payable in connection with sums owed, - (v) insurance premiums, - (vi) costs (costs of procuring a transfer of title, registration costs and registration renewal costs, enforcement and recovery costs…), at the rate of eight per cent (8%) of the principal amount, namely: one million six hundred thousand Euros € 1,600,000.00 Total to be registered: TWENTY-ONE MILLION SIX HUNDRED THOUSAND EUROS € 21.600.000,00 For the sole purposes of the formalisation of this registration, it is hereby specified that the Interest Rate applicable to the Additional Tranche is on this day calculated at seven point five four five per cent (7.545%) per annum. This registration shall remain in force, in accordance with the provisions of Article 2434 of the French Civil code, until 27 February 2017 and shall not be superseded by any registration in favour of a third party.
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AS SECURITY FOR. (a) the short term cash credit facilities to be provided by BLL, BP and FIBI (if provided) pursuant to paragraph 5 above, as extended (if extended) by the relevant lender;
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Related to AS SECURITY FOR

  • Security for the Obligations To secure the payment and performance by Borrowers of the Obligations hereunder, each Borrower grants, under and pursuant to the Security Agreement executed by Borrowers dated as of the date hereof, to Lender, its successors and assigns, a continuing, first-priority security interest in, and does hereby assign, transfer, mortgage, convey, pledge, hypothecate and set over to Lender, its successors and assigns, all of the right, title and interest of each Borrower in and to the Collateral, whether now owned or hereafter acquired, and all proceeds (including, without limitation, all insurance proceeds) and products of any of the Collateral. At any time upon Lender’s request, Borrowers shall execute and deliver to Lender any other documents, instruments or certificates requested by Lender for the purpose of properly documenting and perfecting the security interests of Lender in and to the Collateral granted hereunder, including any additional security agreements, mortgages, control agreements, and financing statements.

  • Security Forms SECTION 201.

  • Security for Payment To secure payment of all obligations due hereunder, the Customer hereby grants to Custodian a continuing security interest in and right of setoff against each Account and all Property held therein from time to time in the full amount of such obligations; provided that, if there is more than one Account and the obligations secured pursuant to this Section can be allocated to a specific Account or the Portfolio related to such Account, such security interest and right of setoff will be limited to Property held for that Account only and its related Portfolio. Should the Customer fail to pay promptly any amounts owed hereunder, Custodian shall be entitled to use available Cash in the Account or applicable Account, as the case may be, and to dispose of Securities in the Account or such applicable Account as is necessary. In any such case and without limiting the foregoing, Custodian shall be entitled to take such other action(s) or exercise such other options, powers and rights as Custodian now or hereafter has as a secured creditor under the New York Uniform Commercial Code or any other applicable law.

  • Security for Obligations This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations with respect to every Grantor (the “Secured Obligations”).

  • Payment and Performance The Borrower will pay all amounts due under the Loan Documents in accordance with the terms thereof and will observe, perform and comply with every covenant, term and condition expressed or implied in the Loan Documents. The Borrower will cause each other Loan Party to observe, perform and comply with every such term, covenant and condition in any Loan Document.

  • Payment and Performance of Obligations Pay and perform all material Obligations under this Agreement and the other Loan Documents, and pay or perform (a) all taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its property, and (b) all other indebtedness, obligations and liabilities in accordance with customary trade practices; except to the extent that IPT or the Borrower is contesting any item described in clauses (a) or (b) of this Section 7.5 in good faith and is maintaining adequate reserves with respect thereto in accordance with GAAP.

  • Security for Performance In the event that Exhibit A Section 4 indicates the need for Consultant to provide additional security for performance of its duties under this Agreement, Consultant shall provide such additional security prior to commencement of its Required Services in the form and on the terms prescribed on Exhibit A, or as otherwise prescribed by the City Attorney.

  • Security for the Loan The Loan will be evidenced, secured and guaranteed by the Loan Documents.

  • Security for Secured Obligations This Patent Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Patent Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the other members of the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor.

  • CERTAIN OBLIGATIONS OF OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES

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