Initial Security definition

Initial Security means a letter of credit or bank guarantee:

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Initial Security or "Initial Securities" means any Security or Securities issued on the date of the Indenture.

Initial Security means the CWC Holdings Share Charge, the CWC Holdings Intra-Group Loan Assignment, the Original Borrower Intra-Group Loan Assignment, the NTL Intra-Group Loan Assignment, the NTL Security Over Cash Agreement and the Original Borrower Security Over Cash Agreement.

Examples of Initial Security in a sentence

• Any certificated Initial Security in the form of a Definitive Security delivered in exchange for an interest in the Global Security shall, except as otherwise provided by Section 2.3(e), bear the Restricted Securities Legend.

• Any certificated Initial Security or Private Exchange Security delivered in exchange for an interest in the Restricted Global Security shall, except as otherwise provided by Section 2.3(b), bear the restricted securities legend set forth in Exhibit 1 hereto.

• Without the consent of the Holder of each Initial Security, however, no modification may change the provisions relating to the payment of Additional Interest.

• Any certificated Initial Security delivered in exchange for an interest in the Global Security shall, except as otherwise provided by Section 2.3(d), bear the restricted securities legend set forth in Exhibit 1 hereto.

• Any Restricted Security as to which such restrictions on transfer shall have expired in accordance with their terms or shall have terminated may, upon surrender of such Restricted Security for exchange to the Trustee or any transfer agent in accordance with the provisions of Section 305, be exchanged for a new Initial Security or any Additional Security, as the case may be, of like tenor and aggregate principal amount, which shall not bear the restrictive legend required by Section 205.

More Definitions of Initial Security

Initial Security has the meaning set forth in Section 6.10.

Initial Security or "Initial Securities" has the meaning specified in the first recital to this Indenture.

Initial Security or "Initial Securities" shall mean any of the $150,000,000 York Power Funding (Cayman) Limited 12.0% Senior Secured Bonds due October 30, 2007, issued by Funding Company.

Initial Security or "Initial Securities" shall mean any of the $400,000,000 CE Generation, LLC 7.416% Senior Secured Bonds Due December 15, 2018, issued by CE Generation.

Initial Security shall have the meaning specified in Clause 18.7.1.

Initial Security. Deposit: None

Initial Security is a Security of not less than the lesser of: (i) $30,000 multiplied by the rated capacity (in MW) of the Project; and (ii) $5 million. (b) LTES Operator must provide the Initial Security to SFV within 10 Business Days of the Signing Date, or as otherwise agreed between the parties. (c) SFV must return the Initial Security to LTES Operator within 10 Business Days after COD.