Posting of Security. The shall be ineligible to engage Equity members unless and until the shall have furnished security as required in Clause to ensure the payment of claims arising from unpaid benefits and fees (including but not limited to fees, overtime, per diem, and transportation) as well as any claim arising from the provisions of Article (Arbitration).
Posting of Security. Any security delivered by Owner pursuant to paragraph (ii) or paragraph (iii) above shall be in cash or the form of security required for Material Alterations under Section 4.12.2 hereof (and if cash, shall be deposited into the Scheduled PIP Reserve Account and disbursed in accordance with Section 6.6.2 of the Mortgage Loan Agreement). If such security is in the form of a Letter of Credit or other non-cash security permitted under Section 4.12.2, then, in lieu of disbursements from the Scheduled PIP Reserve Account, Mortgage Lender shall grant approved reductions in the amount of such Letter of Credit or other security upon satisfaction of the same conditions that are applicable to disbursements of Scheduled PIP Reserve Funds from the Scheduled PIP Reserve Account in accordance with Section 6.5.2 of the Mortgage Loan Agreement. In no event shall there be any duplication of any reserve or security requirements by reason of the obligations under Section 6.5.1(a), paragraph (ii) above and paragraph (iii) above.
Posting of Security. Any security delivered by Borrower pursuant to paragraph (ii) or paragraph (iii) above shall be in cash or the form of security required for Material Alterations under Section 4.12.2 hereof (and if cash, shall be deposited into the Scheduled PIP Reserve Account and disbursed in accordance with Section 6.5.2). If such security is in the form of a Letter of Credit or other non-cash security permitted under Section 4.12.2, then, in lieu of disbursements from the Scheduled PIP Reserve Account, Lender shall grant approved reductions in the amount of such Letter of Credit or other security upon satisfaction of the same conditions that are applicable to disbursements of Scheduled PIP Reserve Funds from the Scheduled PIP Reserve Account in accordance with Section 6.5.2. In no event shall there be any duplication of any reserve or security requirements by reason of the obligations under Section 6.5.1(a), paragraph (ii) above and paragraph (iii) above.
Posting of Security. The Engager shall be ineligible to engage Equity Artists unless and until the Engager shall have furnished security as required in Clause 25:01 to ensure the payment of claims arising from unpaid benefits and fees (including but not limited to fees, additional services, per diem, and transportation) as well as any claim arising from the provisions of Article 48:00 Arbitration.
Posting of Security. For availability and use during any term of this Lease, and prior to the earlier of (i) three (3) years before the end of the Initial Term of the Lease, or (ii) upon a Termination per section 7(b), Tenant shall provide a performance assurance (i.e. letter of credit, surety bond, parent guaranty, etc., as may be elected by Tenant) to the Landlord for the decommissioning of the Generating Facility and restoration of the Site. Tenant shall obtain Landlord’s consent to Tenant’s choice as to the form of performance insurance, provided that Landlord’s consent shall not be unreasonably withheld, conditioned, or delayed. The amount of the performance assurance shall be based on the reasonably estimated cost to dismantle and remove the Generating Facility while taking into consideration the salvage value of solar modules, inverters, support structures and the like that is reasonably determined by a qualified engineer selected by Tenant and approved by Landlord, such approval not to be unreasonably withheld, conditioned, or delayed (“Decommissioning Costs”). Notwithstanding the foregoing, Tenant is not required to provide a performance assurance to the Landlord if Tenant provides a performance assurance to any governmental authority or agency in connection with the removal of the Generating Facility from the Property, provided that such performance assurance is in a form reasonably satisfactory to Landlord.
Posting of Security. Prior to the recordation of a Final Plat of subdivision for a Development Phase for the Property and in lieu of any other City bonding requirements, Applicant shall post with the City adequate security. Unless another form of security is approved by the City Engineer, the security shall be in the form of an irrevocable letter of credit (“Security”) with the City covering the categories of public improvements hereinafter set forth in an amount equal to one hundred ten percent (110%) of the Applicant‟s engineer‟s estimate of the cost of said public improvements but not the cost of engineering and inspection fees, as approved by the City Engineer, which approval shall not be unreasonably withheld. The categories of improvements shall be as follows:
Posting of Security. 7.10 Where the Contractor is delinquent more than once during the term of this Collective Agreement, in remitting contributions the Union may require the Contractor to post security in the form of a letter of credit, cash deposit or other form of security acceptable to the Union, in the amount of $50,000.00. The letter of credit or cash deposit shall be held by the Union, in trust, for a period to be determined by the Union. In the event that the Contractor fails to make any payment otherwise required under this Agreement, in its absolute discretion the Union may draw against the letter of credit or cash deposition in any amount not to exceed $50,000.00 to satisfy amounts due.
Posting of Security. A University and/or Theatre shall be ineligible to employ Actors unless and until such University and/or Theatre shall have furnished security in such amount and in such manner and form as may be satisfactory to Equity to insure the payment of the claims of Actors against such University and/or Theatre. No Actor shall work or be required to work or continue in the employment of any person or theatre or any company, if and when Equity shall be dissatisfied with the quality or amount of any security which may be offered or given or requested by Equity to secure the payment of any claim, present or future, of any Actor.
Posting of Security. 21.1 The Theatre shall arrange and deposit with the Association a cash security deposit or a Letter of Credit equal to the musicians’ contractual fees for 2 weeks plus the applicable A.F.M.-E.P.W. (Canada) pension contribution as per Article 6, plus H.S.T. (where applicable) payable thereon. The Theatre shall simultaneously execute the Association’s standard Security Agreement/Letter of Adherence which sets forth the obligations of both parties thereto, including (but not limited to) the release of the security deposit after all of the financial obligations of the Theatre have been met.
