ASEC Security definition

ASEC Security means ASEC Security International, Inc., a Delaware corporation, which is 80% owned by ASEC and 20% owned by ▇▇▇▇▇▇▇▇▇ as of the date of this Agreement.

Examples of ASEC Security in a sentence

  • Prior to Closing, the minority owner of each of ASEC International, ASEC Systems and ASEC Security International shall transfer (for no additional consideration from CDSI) his interest in those Subsidiaries of ASEC to ASEC.

  • Delaware -------------------------------------------------------------------------------- ASEC Security International Delaware -------------------------------------------------------------------------------- ASEC Systems, Inc.

Related to ASEC Security

  • Public security means a bond, note, or other obligation for the payment of money, issued by this state or by any of its departments, agencies, institutions, or other instrumentalities, or by any of its political subdivisions.

  • of a Security means the principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time.

  • Synthetic Security A security or swap transaction, other than a Participation Interest, that has payments associated with either payments of interest on and/or principal of a reference obligation or the credit performance of a reference obligation.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph __.32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).