Increased Security Sample Clauses

Increased Security. If: 22.4.1 the Security in Item 12 is determined as a proportion of the Rent payable under this Lease; and 22.4.2 at any time during the Term, the Rent is adjusted or increased, then within 5 Business Days of the adjustment or increase, the Tenant must deliver to the Landlord an additional or replacement Security to ensure that the amount of the Security held by the Landlord is the proportion specified in Item 12.
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Increased Security. Upon the occurrence of any Event of Default, the non- defaulting Parties may require the defaulting Party to provide additional security to the maximum extent allowed under the terms hereof.
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Increased Security. In the event MVNO/Customer's Service charges in any two month period exceeds one hundred and twenty (125) percent (the "Increased Usage") of the security deposit, Vonify, in its sole discretion, may require MVNO/Customer within twenty-four (24) hours of notice from Vonify increase MVNO/Customer's security deposit to equal no less than twenty five (25) percent of the amount of the Service charges up to and including the full amount of the Increased Service charges. If Vonify is required to apply funds from the Security Deposit to outstanding MVNO/Customer Invoices twice during any six-month period, MVNO/Customer agrees to increase the Security Deposit to equal two times the average monthly Service charges within ten (10) calendar days of written notice from Vonify. This provision shall not limit Vonify's right to demand an increased letter of credit or cash deposit under other provisions of this Agreement.
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Related to Increased Security

  • E7 Security The Authority shall be responsible for maintaining the security of the Authority premises in accordance with its standard security requirements. The Contractor shall comply with all security requirements of the Authority while on the Authority premises, and shall ensure that all Staff comply with such requirements.

  • Bid Security 2.1 Bid security, as a guarantee of good faith, in the form of a certified check, cashier's check, or bidder's bond, may be required to be submitted with this bid document, as indicated on the bid. 2.1.1 Bid security, if required, shall be in the amount specified on the bid. The bid security must be scanned and attached to the “Response Attachments” section of your response or it can be faxed to the Purchasing Office at ▇▇▇-▇▇▇-▇▇▇▇. The original bid security should then be sent or delivered to the office of the Purchasing Division, ▇▇▇ ▇. ▇▇▇ ▇▇., ▇▇▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ to be received within three (3) days of bid closing. 2.1.2 If bid security is not received in the Office of the Purchasing Division as stated above, the vendor may be determined to be non-responsive. 2.2 If alternates are submitted, only one bid security will be required, provided the bid security is based on the amount of the highest gross bid. 2.3 Such bid security will be returned to the unsuccessful Bidders when the award of bid is made. 2.4 Bid security will be returned to the successful Bidder(s) as follows: 2.4.1 For single order bids with specified quantities: upon the delivery of all equipment or merchandise, and upon final acceptance by the Owners. 2.4.2 For all other contracts: upon approval by the Owners of the executed contract and bonds. 2.5 Owners shall have the right to retain the bid security of Bidders to whom an award is being considered until either: 2.5.1 A contract has been executed and bonds have been furnished. 2.5.2 The specified time has elapsed so that the bids may be withdrawn. 2.5.3 All bids have been rejected. 2.6 Bid security will be forfeited to the Owners as full liquidated damages, but not as a penalty, for any of the following reasons, as pertains to this specification document: 2.6.1 If the Bidder fails or refuses to enter into a contract on forms provided by the Owners, and/or if the Bidder fails to provide sufficient bonds or insurance within the time period as established in this specification document.

  • JOB SECURITY 23.01 Subject to the willingness and capacity of individual employees to accept relocation and retraining, the Employer will make every reasonable effort to ensure that any reduction in the work force will be accomplished through attrition.