Security Package Clause Samples

Security Package. The Communications Group Pty Limited 2. Atlas Advertising Limited 3. Bates Europe Limited 4. Bates UK Limited 5. ICM International ▇▇▇▇▇ed 6. The Decision ▇▇▇▇ Limited 7. Bates Deutschland Holding GmbH 8. Bates Advertising USA, Inc. 9. ▇▇tes Churchill Advertising, Inc. ▇▇. Bates Churchill Public Rela▇▇▇▇▇, ▇▇▇. ▇▇. Bates Healthworld, Inc. ▇▇. ▇▇▇▇▇ ▇▇avel and Tourism, Inc. 13. B▇▇▇▇ Worldwide (Delaware), In▇. ▇▇. CCG.XM, Inc. 15. Cordiant U▇ ▇▇▇dings, Inc. 16. Falk Healthworld Inc. 17. Fitch, Inc. 18. GHBM Inc. 19. Healthw▇▇▇▇ Corporation 20. Lighthouse Global Network Inc. 21. Morgen-Walke Associates, Inc.

Security Package. Concurrent with the execution of this Agreement, Customer shall deliver a pledge of 20.5% of the equity of AIR HPC LLC having a value as of the Execution Date of at least $[***] (“Equity Pledge”) and a parent guaranty from Rhodium Technologies LLC capped at $[***] (“Parent Guaranty”). The provisions of Section 5.2 of the Lease “Replacement Security” shall apply, mutatis mutandis, to this Master Agreement and the Longhorn Temple Green Data Center Site TC; provided that, any Letter of Credit or cash deposit that replaces the Equity Pledge or Parent Guaranty supporting the Master Agreement and Longhorn Temple Green Data Center Site TC shall be in the amount of $[***] (as such amount may be ratably reduced in the event of a partial release of the Equity Pledge). If, following the execution of the Longhorn Temple Green Data Center Site TC, there is any conflict between the terms of this Master Agreement and those of the Longhorn Temple Green Data Center Site TC as it relates to the treatment of, operation of, effectiveness of, or enforceability of (i) the Equity Pledge, (ii) the Parent Guaranty, or (iii) both of them together, the terms of the Longhorn Temple Green Data Center Site TC shall supersede and control.

Security Package. Following are the salient features of the security package: i) Model Implementation (Concessions) Agreement, Power Purchase Agreement, Fuel Supply Agreement, Water Use Licence (if applicable) and other agreements that have been prepared for private power projects to eliminate the need for protracted negotiations. ii) The GOP will: (a) guarantee the contractual obligations of its involved agencies, namely WAPDA/KESC, and provinces even though some or all of these may be privatized during the term of the various agreements. (b) provide protection against specified "political" risks. (c) provide protection against changes in taxes and duties from those on the basis of which bids are prepared. (d) ensure the convertibility of Rupees into US Dollars at the then-prevailing exchange rates and the remittability of foreign exchange to cover necessary payments related to the projects including debt service and the payment dividends; however, the tariff components will be adjusted and indexed as per this Policy against exchange rate variation, inflation, etc.

Security Package. The Facility and Facility A shall be fully secured on a pari passu basis by a first priority perfected security interest (subject to Permitted Liens) granted under all applicable laws by the Borrower in favor of the Bank and the Collateral Agent for the benefit of the Facility A Lenders (and a pari passu security interest granted to the Facility A Lenders or any counterparty that is an affiliate of a Facility A Lender and has entered into interest rate and commodity swaps with the Borrower subject to individual and aggregate caps (each a “Swap Lender”)) in all the Borrower's present and future personal property (other than customary excluded property and as otherwise agreed) wherever located (collectively, the “Pledged Collateral”), including, but not limited to: (1) cash located in bank accounts at BNP Paribas New York Branch : (2) all accounts receivable of the Borrower relating to the re-sale of Products; (3) all investment and hedging accounts (to be held at approved brokers and subject to tripartite agreements), (4) all inventory of the Borrower, whether in storage or in transit (5) all bills of lading to the order of or endorsed to the order of either Agent or other documents evidencing the storage of Products such as tank warrants; (6) any machinery and equipment of the Borrower; (7) all rights of the Borrower under letters of credit for which it acts as beneficiary; (8) all contract rights of the Borrower; (9) all cash proceeds of the sale or other liquidation of any of the above mentioned assets; and (10) marked to market of over the counter hedging contracts. The Borrower will be required under the transaction documents to maintain satisfactory insurance on all tangible Pledged Collateral and other assets with respect to which the Collateral Agent (BNP Paribas New York Branch, in such capacity) shall be listed as additional insured or loss payee. The Facility A Lenders, the Bank and the Swap Lenders will also enter into an intercreditor agreement or agreements (collectively, the “Swap Lender Intercreditor Agreement”) governed by New York law for purposes of clarifying their respective rights with respect to the Pledged Collateral.

Security Package. No later than December 19, 2013, each of the relevant Parties shall deliver, and EIG Corp shall cause each relevant Party that is a subsidiary to cause to be delivered, in form and substance satisfactory to the Sellers in their sole discretion (but subject to the provisions of the existing credit facility to which EIG Holdings, EIG Corp and EIG Singapore is subject) and to perform, (a) the EIG Singapore Note Guarantee, (b) the Singapore Charge, (c) the original share certificates or other evidence of share ownership of the equity interests subject to the Singapore Charge; (d) appropriate transfer powers in respect of the equity interests subject to the Singapore Charge, and (e) such other documents, filings, agreements or other documentation necessary or advisable to effectuate the guarantee of the payment obligations under the Closing Promissory Note and to enforce such guarantee against the applicable maker and enforce the pledge of the equity interests subject to the Singapore Charge pursuant to the laws of the applicable jurisdictions (collectively, the “Security Package”).” (b) Article IX is hereby amended by deleting the definition of the term “EIG Holdings Note Guarantee” in its entirety. (c) Section 11.4 is hereby amended by replacing the reference to the term “EIG Holdings Note Guarantee” with the term “Closing Promissory Note”.

Security Package. The operating system and Lyngsoe applications on the LBB appliance are patched on a regular basis. Antivirus is installed and automatically updated. If attempts to compromise are detected, alerts will be sent to the LS Servicedesk who will investigate and handle the case.

Security Package. No later than October 1, 2013, each of the relevant Parties shall deliver, and EIG Corp shall cause each relevant Party that is a subsidiary to cause to be delivered, in form and substance satisfactory to the Sellers in their sole discretion (but subject to the provisions of the existing credit facility to which EIG Holdings, EIG Corp and EIG Singapore is subject) and to perform, (a) the EIG Holdings Note Guarantee, (b) the EIG Singapore Note Guarantee, (c) the Singapore Charge, (d) the original share certificates or other evidence of share ownership of the equity interests subject to the Singapore Charge; (e) appropriate transfer powers in respect of the equity interests subject to the Singapore Charge, and (f) such other documents, filings, agreements or other documentation necessary or advisable to effectuate the guarantee of the payment obligations under the Closing Promissory Note and to enforce such guarantee against the applicable maker and enforce the pledge of the equity interests subject to the Singapore Charge pursuant to the laws of the applicable jurisdictions (collectively, the “Security Package”).

Security Package