Requirement for Security. The District Council is entitled to require a Producer to post, no earlier than thirty (30) days prior to the commencement of work by the Guild Members, a security for payment sufficient to cover two (2) weeks’ Gross Remuneration of all Guild Members (to be based upon the production schedule provided by the Producer) and all District Council Remittances. The security for payment may take the form of a cash deposit to be held in trust by the District Council in an interest-bearing account, and all accrued interest shall be the property of the Producer, or at the Producer’s election, the security for payment may take the form of one or more irrevocable letters of credit in favour of the District Council, drawn on a Canadian chartered bank.
Requirement for Security. Clearance USAID requires a security investigation appropriate for the security clearance level defined in the position description, and a favorable adjudication of the participating employee’s investigation before they are permitted to perform under the terms of this agreement. (Specify the security clearance requirement for this assignment).
Requirement for Security. (a) Network User must on and from the commencement date at all times provide and maintain security in the amount and in the form stated in Schedule 10.
Requirement for Security. A Producer who is not a member in good standing of one of the Producer’s Associations shall be required to post a security for payment, and ACTRA may require that the amount of security be up to the full amount of Performers’ fees during the entire period of Production (to be based upon the production schedule provided by the Producer) and the insurance and retirement payments, no earlier than 30 days prior to the commencement of work by the Performers. The security for payment may take the form of a cash deposit to be held in trust by ACTRA in an interest-bearing account, and all accrued interest shall be the property of the Producer, or at the Producer’s election, the security for payment may take the form of one or more irrevocable letters of credit in favour of ACTRA, drawn on a Canadian chartered bank.
Requirement for Security
