Creation of additional security Sample Clauses

Creation of additional security. The value of any additional security which the Borrower offers to provide to remedy all or part of a shortfall in the amount of the Security Value will only be taken into account for the purposes of determining the Security Value if and when:
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Creation of additional security. If, at any time during the subsistence of this Agreement, the Bank is of the opinion that the security provided for the Facility has become inadequate to cover the Facility then outstanding, then, on the Bank advising the Borrower to that effect, the Borrower shall procure, provide and furnish to the Bank, to the satisfaction of the Bank such additional security as may be acceptable to the Bank to cover such deficiency.
Creation of additional security. The value of any additional security which the Borrower offers to provide pursuant to Section 6.09(a) will only be taken into account for the purposes of determining the BB Ratio if and when:
Creation of additional security. If, at any time during the subsistence of this Agreement, IREDA is of the opinion that the security provided by the Borrower has become inadequate to cover the balance of the Loan then outstanding, then, on IREDA advising the Borrower to that effect, the Borrower shall provide and furnish to IREDA, to their satisfaction such additional security as may be acceptable to IREDA to cover such deficiency.
Creation of additional security. If, at any time during the subsistence of the Facility Agreement, ICICI Bank is of the opinion that the security provided for the Facility has become inadequate to cover the Facility then outstanding, then, on ICICI Bank advising the Company to that effect, the Company shall procure, provide and furnish to ICICI Bank, to the satisfaction of ICICI Bank such additional security as may be acceptable to ICICI Bank to cover such deficiency.
Creation of additional security. The value of any additional security which the Company offers to provide pursuant to Section 10.9(a) will only be taken into account for the purposes of determining the BB Ratio if and when:
Creation of additional security. If, at any time during the subsistence of this Agreement, the Lender is of the opinion that the security provided by the Borrower has become inadequate to cover the balance of the Loan then outstanding, then, on the Lender advising the Borrower to that effect, the Borrower shall provide and furnish to the Lender, to the satisfaction of the Lender such additional security as may be acceptable to the Lender to cover such deficiency. The Borrower will not be required to furnish security totaling more than one hundred and twenty (120%) percent of the unpaid balance of principal and accrued interest on the loan.
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Creation of additional security. The value of any additional security which the Company offers to provide pursuant to Section 10.3(a) will only be taken into account for the purposes of determining the Asset Cover Ratio if and when:
Creation of additional security. The Borrower undertakes that if, at any time during the subsistence of this Agreement, the Corporation is of the opinion that the security provided by the Borrower has become inadequate to cover the balance of the loans then outstanding, the Borrower shall provide and furnish to the Corporation additional security as may be acceptable to the Corporation to cover such deficiency.
Creation of additional security. If, at any time during the subsistence of this Agreement, the Lender is of the opinion that the security provided for the Facility has become inadequate to cover the Facility then outstanding, then, on the Lender advising the Borrower to that effect, the Borrower shall procure, provide and furnish to the Lender, to the satisfaction of the Lender such additional security as may be acceptable to the Lender to cover such deficiency.
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