Bond Security definition
Examples of Bond Security in a sentence
For the avoidance of doubt, the ABTA Bond Security Arrangement shall be the sole responsibility of the Seller and the Purchaser Group shall not be required to deliver any documents or other assistance (save the provision of reasonably required, or customary financial or “know your customer”, information) in connection with the Seller putting in place the ABTA Bond Security Arrangement.
The Seller shall procure that the CAA Bond Provider shall consent to the CAA Bond Security Arrangement in writing.
The salaries and rates of pay for the employees in the bargaining units covered by this Agreement are set forth in and attached hereto as Appendix A.
The Seller shall procure that the ABTA Bond Provider shall consent to the ABTA Bond Security Arrangement in writing.
For the avoidance of doubt, the CAA Bond Security Arrangement shall be the sole responsibility of the Seller and the Purchaser Group shall not be required to deliver any documents or other assistance (save the provision of reasonably required, or customary financial or “know your customer”, information) in connection with the Seller putting in place the ABTA Bond Security Arrangement.
This includes agreements on forms now called "Bond", "Security Agreement", "Letter of Guarantee" and "Letter of Credit".
Buyer shall be permitted to cancel or terminate the Bond Security on the second annual anniversary of the completion of the Bond Security Project provided that no claim under the Existing Bond Security is then outstanding.
The Trustee is authorized to receive any funds for the benefit of the Holders of the Bonds distributed under the Bond Security Documents, and to make further distributions of such funds to the Holders of the Bonds according to the provisions of this Loan Agreement and the Indenture.
All moneys which are received by the Collateral Agent or any agent or nominee of the Collateral Agent on an enforcement of any security conferred by the Security Documents or the Bond Security Documents, whether in connection with the exercise of the remedies provided in this Agreement or any Security Document or Bond Security Document, shall be deposited in the Collateral Account and held by the Collateral Agent as part of the Collateral Estate and applied in accordance with the terms of this Agreement.
To the extent that holders of other secured indebtedness or third parties enjoy liens, including statutory liens, whether or not permitted by the Trust Deed or the Bond Security, such holders or third parties may have rights and remedies with respect to the Charged Property which, if exercised, could reduce the proceeds available to satisfy SAZKA’s and OSZO’s obligations under the Bonds.