Security numbers Clause Samples
The 'Security numbers' clause establishes requirements for the use, assignment, or handling of identification numbers used for security purposes within an agreement or system. Typically, this clause specifies how such numbers—like PINs, access codes, or other unique identifiers—should be generated, distributed, and protected to prevent unauthorized access. Its core function is to safeguard sensitive information and ensure that only authorized individuals can access certain resources, thereby reducing the risk of security breaches or identity theft.
Security numbers. The Fiscal Agent shall ensure that the Notes of each Tranche are assigned, as applicable, security numbers (including, but not limited to, common codes and ISINs) which are different from the security numbers assigned to Notes of any other Tranche of the same Series until at least expiry of the Distribution Compliance Period in respect of the Tranche.