Facility Security Clearances definition
Examples of Facility Security Clearances in a sentence
Within the scope of this Agreement, each Party shall recognize the Personnel and Facility Security Clearances issued by the other Party.
Such clearances are (i) all of the Facility Security Clearances reasonably necessary to conduct the current business of the Company and the Subsidiaries and (ii) valid and in full force and effect.
The applicable Acquired Company possesses all Facility Security Clearances, and the Acquired Companies’ employees possess all Personnel Security Clearances, in each case required to perform the Government Contracts of the Acquired Companies.
All such Personnel Security Clearances and the Facility Security Clearances are current as of the date of this Agreement.
No termination, denial of eligibility, notice of rescission, notice of wrongdoing, marginal or unsatisfactory or failed vulnerability assessment, notice of breach, cure notice or show cause notice from Defense Security Service or any other Governmental Entity has been issued and remains unresolved with respect to any of the Facility Security Clearances, and to the Knowledge of the Company, no event, condition or omission has occurred or exists that would constitute grounds for such action or notice.
Within the scope of this Agreement, the National Security Authorities shall inform each other without delay about revocation of Personnel and Facility Security Clearances or the alteration of the security classification level.
No termination, denial of eligibility, notice of rescission, notice of wrongdoing, marginal or unsatisfactory or failed vulnerability assessment, notice of breach, cure notice or show cause notice from the Defense Security Service or any other Governmental Entity has been issued and remains unresolved with respect to any of the Facility Security Clearances, and, to the Knowledge of Seller, no event, condition or omission has occurred or exists that would constitute grounds for such action or notice.
The Facility Security Clearances are (i) all of the facility security clearances reasonably necessary to conduct the current business of each of the Acquired Companies; and (ii) valid and in full force and effect.
All requisite Personnel Security Clearances and Facility Security Clearances are valid and in full force and effect.
Such clearances are (i) all of the Facility Security Clearances reasonably necessary to conduct the current business of the Company and (ii) valid and in full force and effect.