Defects Security definition

Defects Security means a bank guarantee, bond, or other form of security approved by the Council, on terms reasonably acceptable to the Council. Defects Liability Period means, the period commencing on the date of Practical Completion of a Work or Phase, and ending at a time determined by Council acting reasonably and notified to the Developer in writing at the time of issue of the Compliance Certificate for that Work or Phase.
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Defects Security means the Security for rectification of defects required under clause 6.3(a). Deferred Works has the meaning in clause 6.7(a).
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Defects Security means a Bank Guarantee, or a bond or other form of security to the satisfaction of the Council, acting reasonably, indexed in accordance with increases in the Defects Security Index from the date of this Deed.
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Examples of Defects Security in a sentence

  • The Service Provider shall analyse the Incident Log to identify common recurring Incidents, Defects, Security Incidents and Performance Indicator Incidents and take such action as has been agreed with TfL to prevent their re-occurrence.

  • The Service Provider shall track and keep a record of the total amount of time spent resolving each Incident, Defects, Security Incidents and Performance Indicator Incidents and how long it was open.

  • The Department can draw on the Defects Security to cover the cost of rectification if such a security is held.

  • The value of the Defects Security will be assessed on a case-by-case basis and is generally a maximum of 10 percent of the estimated project cost.

  • Addressing the Defects Security DimensionsSecurity ThreatsInterruptionInterceptionModificationFabricationAccess Management Control access to networkelements and links to prevent wiretapping.

  • This shall include:  a description of all Incidents arising in the previous week, together with their classification and their Severity Level in the case of Incidents, Defects, Security Incidents and Performance Indicator Incidents;  a status report on all open Incidents Defects, Security Incidents and Performance Indicator Incidents; and  a description of the resolution of all Incidents, Defects, Security Incidents and Performance Indicator Incidents closed during the previous week.

  • Depending on the risks involved with the development, the Department reserves the right to require a bank guarantee from the Developer for Defects Security.

  • Finding: Yes - The project and Valid USA have met all the criteria, such as Penetration Testing, User Training, Card Design, Equipment and Device Testing, Usability, Performance Testing, Security Testing, UAT/Regression Testing Defects, Security Roles, Data Conversion and Migration, and Operational Support Roles, Cutover Plan, Command Center and Communications Plan.

  • However, there are several items that are still in progress or not complete, such as Performance Testing, Security Testing, UAT/Regression Testing Defects, Security Roles, Data Conversion and Migration, and Operational Support Roles, Cutover Plan, Command Center and Communications Plan.

  • The Developer is liable for all defects regardless of the Defects Security held.


More Definitions of Defects Security

Defects Security means the Security provided by the Developer in accordance with cl.20.1.
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Related to Defects Security

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.

  • Permitted Security means any Security:

  • Bid Security (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Data Security Requirements means the following, in each case to the extent relating to any sensitive or confidential information, or any matters relating to data privacy, protection, or security or the access, collection, use, processing, storage, sharing, distribution, transfer, disclosure, destruction, or disposal of any personally identifiable information: (i) all applicable Laws and any related security breach notification requirements, (ii) the Conveyed Companies’ own respective rules, policies, and procedures, and (iii) Contracts to which the Conveyed Companies are bound.

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

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

  • Information Security shall have the same meanings as the terms “information technology” and “information security”, respectively, in §24-37.5-102, C.R.S. Capitalized terms used herein and not otherwise defined herein or in the HIPAA Rules shall have the meanings ascribed to them in the Contract.

  • Security means a mortgage, charge, pledge, lien or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect.

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Security Right includes any right relating to issuance, sale, assignment, transfer, purchase, redemption, conversion, exchange, registration or voting and includes rights conferred by statute, by the issuer's governing documents or by agreement.

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Unregistered Security means any Security other than a Registered Security.

  • Physical Security has the meaning specified in Section 303.

  • HIPAA Security Rule as defined in 45 CFR Part 164, Subparts A and C;

  • Cyber security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Privacy and Security Requirements means (a) all Privacy Laws; (b) all applicable Privacy Contracts, and (c) all applicable Privacy Policies.

  • Contract Security means any security given by the Contractor to the NCC in accordance with the Contract;

  • Cybersecurity means the measures taken to protect a computer, computer network, or computer system against unauthorized use or access.

  • Adequate security means protective measures that are commensurate with the consequences and probability of loss, misuse, or unauthorized access to, or modification of information.

  • Breach of system security means unauthorized acquisition of computerized data that compromises the security, confidentiality, or integrity of sensitive personal information maintained by a person, including data that is encrypted if the person accessing the data has the key required to decrypt the data. Good faith acquisition of sensitive personal information by an employee or agent of the person for the purposes of the person is not a breach of system security unless the person uses or discloses the sensitive personal information in an unauthorized manner. Business and Commerce Code 521.053(a)

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.