Security Identification Sample Clauses
The Security Identification clause defines how the specific securities involved in a transaction are uniquely identified. This typically involves referencing standardized identifiers such as CUSIP, ISIN, or other unique codes assigned to financial instruments, ensuring that all parties are clear about the exact security being discussed or transferred. By providing a precise method for identifying securities, this clause eliminates ambiguity and reduces the risk of errors or disputes regarding which financial instruments are subject to the agreement.
Security Identification. An employee granted such leave of absence must return all security identification issued and shall be issued appropriate identification.
Security Identification i. In order to use this service, the Client must have a Login ID issued by KSL to enable him to access the OST Account. For joint and Corporate Accounts, KSL shall provide the Login ID to the Nominee only.
ii. The Client is solely responsible for the confidentiality and use of the Login ID and will notify KSL immediately if he becomes aware of any loss or theft or unauthorized use of the Login ID or any part thereof. After such notification KSL shall as soon as reasonably possible disable access to the Client’s Account for such Login ID and shall issue a replacement Login ID accordingly.
iii. KSL is entitled to assume that any instruction received via the OST Account containing the client’s Login ID originates from the Client and that such instruction is a valid instruction. KSL is not obliged to inquire into the validity of any such instruction received.
iv. KSL deems that the person using a Login ID or any part of it when giving instructions is the person to whom the Login ID is assigned to and shall not bear any liability in the event of misrepresentation.
Security Identification. Concessionaire shall abide by rules and regulations adopted by the County in carrying out the County’s obligations under Aviation Security Regulations and Directives for the proper identification of persons and vehicles entering the aircraft operations area and other security measures as the County deems necessary form time to time. Concessionaire shall obtain Outagamie County Regional Airport identification/access badges for all personnel working in the applicant/Concessionaire. The cost may be amended by the County from time to time. The Concessionaire agrees to require all employees to wear Security Identification badges at all times while working in the restricted/sterile areas. The Concessionaire shall be responsible for the prompt recovery of Terminal keys and security identification/access badges from all employees upon termination cancellation, or expiration of this Concession Lease, or the termination, either voluntary or involuntary, of any employee. Pursuant to applicable federal regulations, Concessionaire shall conduct an annual self‐audit of Terminal and airfield access media, such as keys and access cards, used by Concessionaire, its employees, agents, suppliers, invitees, sub lessees or guest. Concessionaire shall provide the County with a written report of said audits and shall replace, reset or re‐key, as appropriate, all affected Terminal area access locks or devices whenever missing, lost, or stolen access media exceed five (5) percent of the access media issued for the affected lock or device.