Initial Security Sample Clauses

Initial Security. Initial security for Interconnection Customer’s obligations with respect to Transmission Provider’s Interconnection Facilities (including transmission line outage costs) and Network Upgrades must be provided by Interconnection Customer to Transmission Provider at least thirty (30) days prior to commencement of the construction of facilities in accordance with Articles 5.5.3, 5.6.4, and 11.5 of this Agreement. Based upon the estimated Construction and Payment Schedule set forth on page 4 of this Appendix B, the Interconnection Customer shall provide the Transmission Provider the initial security for Interconnection Customer’s obligations with respect to the Transmission Provider’s Interconnection Facilities and Network Upgrades in the amount of $1,696,000 no later than February 15, 2016. The provision of such security is consistent with Article 11.5 of the Agreement. Should a prior- queued request be withdrawn, terminated, suspended, or delayed, the Transmission Provider will notify Interconnection Customer of any additional security requirements, based on the prior-queued Construction and Payment Schedule set forth on page 4 of this Appendix B. If Interconnection Customer does not promptly pay its obligations with respect to the Transmission Provider’s Interconnection Facilities and/or Network Upgrades, Transmission Provider may exercise its rights and remedies with respect to the security therefor. The Transmission Provider’s Interconnection Facilities cost, the Network Upgrade costs, and/or the Construction and Payment Schedule may be subject to change if the Interconnection Customer does not meet the written notice to proceed deadline or the security deadlines set forth above. Furthermore, if the Agreement is suspended by the Interconnection Customer for any reason (e.g., Article 5.16), then additional Interconnection Studies and/or an amendment to the Agreement may be required.

Initial Security. Bidco shall procure that each member of the Group identified in Parts B1 and B2 of Schedule 2 (The Borrowers and the Guarantors) accedes as an Acceding Borrower and/or as an Acceding Guarantor and enters into the Initial Security Documents (as appropriate) on or contemporaneously with the Completion Date.

Initial Security. The Borrower shall provide the Lender with the following documents (each in form and substance satisfactory to the Lender) before the Drop-Dead Date and the Liens constituted thereby shall secure the due payment and performance of the Loan Obligations: (a) a security agreement creating Liens in all present and after-acquired property of the Borrower dated on or about the date hereof granted by the Borrower in favour of the Lender; and (b) the Deed of Trust.

Initial Security. 4.1 Provision of Initial Security (a) LTES Operator must provide the Initial Security to SFV within 20 Business Days after the Signing Date or as otherwise agreed between the parties. (b) If LTES Operator does not provide the Initial Security where required under paragraph (a), then SFV may terminate this agreement by written notice to LTES Operator with immediate effect.

Initial Security. The Collateral Documents, subject to these Agreed Security Principles and the other limitations set forth in the Loan Documents, to be executed post-closing in accordance with Schedule 5.09(d) of this Agreement, shall be the following: Share pledge agreement Danish law Nordic Fruit Holding AB (to be acknowledged by Total Produce Nordic A/S) Coöperatieve Rabobank U.A. New York Branch The entire share capital of Total Produce Nordic A/S Debenture Irish Total Produce plc Total Produce International Holdings Limited (Ireland) Total Produce Ireland Limited (Ireland) Total Produce International Limited Total Produce C Holdings Limited Calanthe Limited Bolanpass Limited Coöperatieve Rabobank U.A. New York Branch For all – general assets plus specific share security as follows: Total Produce plc: shares in Total Produce International Holdings Limited, Total Produce Ireland Limited, Total Produce International Limited, Calanthe Limited, Allegro Limited Total Produce International Holdings Limited: shares in Total Produce C Holdings Limited and Bolanpass Limited Bolanpass Limited: shares in Hortim International Spol. Sro. (a Czech sub) Share Charge Irish Total Produce International Finance B.V. Coöperatieve Rabobank U.A. New York Branch Shares in Bolanpass Limited Deed of Pledge of Shares Dutch law • Total Produce International Holdings Limited • Total Produce Ireland Limited • Total Produce Investments B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce Investments B.V. Deed of Pledge of Shares Dutch law • Total Produce Investments B.V. • Total Produce Holdings B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce Holdings B.V. Deed of Pledge of Shares Dutch law • Total Produce International Limited • Total Produce International Finance B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce International Finance B.V. Omnibus Deed of Pledge Dutch law • Total Produce Holdings B.V. • Total Produce International Finance B.V. • Total Produce Investments B.V. • Total Produce B.V. Coöperatieve Rabobank U.A., New York Branch Intercompany receivables Bank accounts Insurance policies Intellectual property Trade receivables Debenture English law • TPH (UK) Limited • Total Produce Limited • Total Worldfresh Limited • Redbridge Produce & Flowers Limited • Bristol Fruit Sales (Market) Limited • Coöperatieve Rabobank U.A., New York Branch General assets (including share security) Share Charge English law Total Produce Inte...

Initial Security. The Obligations of the Borrower shall be secured by the Domestic Pledge Agreement, the Domestic Stock Pledge Agreement, the Irish Pledge Agreement and the Italian Guaranty, and the Euro Obligations shall be secured by the Euro Pledge Agreement and the Euro Stock Pledge Agreement.

Initial Security. Each Co-Owner acknowledges and agrees that it has concurrently with the execution of this Agreement, executed and delivered to the other Co-Owner its respective Security Documents to secure payment and performance of its Obligations.

Initial Security. The Obligations of the Borrower and the Guarantors shall be secured by: (a) the Security Agreement;

Initial Security. 47 4.2. Further Assurances..................................................................................47