Mandatory Security definition

Mandatory Security means a security that is a unit consisting of (a) a contract to purchase Capital Stock of the Borrower (whether expressed as a “purchase contract,” “forward contract” or otherwise) (the “Forward”) and (b) either (1) Indebtedness of the Borrower or a Subsidiary or (2) Preferred Stock of the Borrower (whether or not convertible into Capital Stock of the Borrower), where such Indebtedness or Preferred Stock is pledged by the holder of such unit to secure its obligations under the Forward.

Mandatory Security. One security officer is required at all times during an event where more than 150 people are invited, Two officers when more than 200 are invited, and any event where alcohol will be served or consumed requires an additional security officer. Three security officers are required for any quinceanera party or celebration. Security is required for the safety of his/her guests and the facility. The security fee is $40 per officer, per hour (4-hour minimum) paid to the Knights of Columbus Council at least fifteen (15) days before the commencement of the event. The officers will be scheduled by the KC representative through a private security company and paid for by the Renter. Security is required to be onsite at all times when guests are on the premises, and afterwards until the facility is secured and locked. WARNING: NON-PAYMENT OF SECURITY PRIOR TO THE EVENT WILL RESULT IN CANCELLATION OF THE RENTAL CONTRACT and STOPPING OF THE EVENT. Indemnity Renter will protect, indemnify and hold the Knights of Columbus Council #10393 and the Highway Six Columbus Club, and their Officers, Agents and Members, harmless from and against all damages, liabilities, obligations, claims, damages, penalties, judgements, causes of action, costs and expenses (including without limitation, reasonable attorneys' fees and expenses) imposed upon or incurred by any claim arising out of an event where the facility is rented, by reason of (a) any accident, personal injury to and/or death of renters or any person, or loss of or damage to any property occurring on or about the facility, any common area of the facility or outside the facility resulting from any act or omission of renter or its employees, agents, representatives; or attendees (b) any failure on the part of renter or its employees, agents, representatives or attendees to perform or comply with any of the terms of this Agreement. In case any action, suit or proceeding is brought against Knights of Columbus Hall or its owners by reason of any such occurrence, renter will, at renter’s expense, using legal counsel, resist and defend such action, suit or proceeding, or cause the same to be resisted and defended. Any claim must be approved by Knights of Columbus #10393 and the Highway Six Columbus Club. I (We) hereby affirm that I (We) have read and understand the contents of this contract and fully agree to comply with said policies and requirements. Responsible Person (Please Print full name) Signature of Responsible person Date ...

Mandatory Security means a security that is a unit consisting of (a) a contract to purchase Capital Stock of the Borrower (whether expressed as a “purchase contract,” “forward contract” or otherwise) (the “Forward”) and (b) either (1) Indebtedness of the Borrower or a Subsidiary or (2) Preferred Stock of the Borrower (whether or not convertible into Capital Stock of the Borrower), where such Indebtedness or Preferred Stock is pledged by the holder of such unit to secure its obligations under the Forward; provided that “Mandatory Security” shall exclude any Hybrid Security.

Examples of Mandatory Security in a sentence

• Indicate all that apply.☒ Periodic Security Audits☒ Backups Secured Off-site☒ Rules of Behavior☒ Role-Based Training☒ Regular Monitoring of Users’ Security Practices☒ Methods to Ensure Only Authorized Personnel Have Access to PII☒ Encryption of Backups Containing Sensitive Data☒ Mandatory Security, Privacy and Records Management Training☐ Other.

• Indicate all that apply.☒ Periodic Security Audits☒ Backups Secured Off-site☒ Rules of Behavior☒ Role-Based Training☒ Regular Monitoring of Users’ Security Practices☒ Methods to Ensure Only Authorized Personnel Have Access to PII☒ Encryption of Backups Containing Sensitive Data☒ Mandatory Security, Privacy and Records Management Training☒ Other.

• Periodic Security Audits Backups Secured Off-site Rules of Behavior Role-Based Training Regular Monitoring of Users’ Security Practices Methods to Ensure Only Authorized Personnel Have Access to PII Encryption of Backups Containing Sensitive Data Mandatory Security, Privacy and Records Management Training Other.

• Indicate all that apply.☒ Periodic Security Audits☒ Backups Secured Off-site☒ Rules of Behavior☒ Role-Based Training☒ Regular Monitoring of Users’ Security Practices☒ Methods to Ensure Only Authorized Personnel Have Access to PII☒ Encryption of Backups Containing Sensitive Data☒ Mandatory Security, Privacy and Records Management Training□ Other.

• Annex 2 Preliminaries and Mandatory Security Conditions Introduction The Conditions set out below apply to the Works and shall be strictly observed by the Contractor, his employees, his sub-contractors and all others under his direction from start to completion of the Works.

• Indicate all that apply.0 Periodic Security Audits 0 Backups Secured Off-site 0 Rules of Behavior0 Role-Based Training0 Regular Monitoring of Users’ Security Practices0 Methods to Ensure Only Authorized Personnel Have Access to PII0 Encryption of Backups Containing Sensitive Data0 Mandatory Security, Privacy and Records Management Training□ Other.

• DCMS has engaged with industry to attempt to gather evidence on the cost impact of the three security requirements under Policy Option C - Mandatory Security Baseline through several channels, including the 2019 consultation, a manufacturer survey, and the 2020 call for views.

• Indicate all that apply.☒ Periodic Security Audits☐ Backups Secured Off-site☒ Rules of Behavior☒ Role-Based Training☒ Regular Monitoring of Users’ Security Practices☒ Methods to Ensure Only Authorized Personnel Have Access to PII☒ Encryption of Backups Containing Sensitive Data☒ Mandatory Security, Privacy and Records Management Training☒ Other.

• Indicate all that apply.☒ Periodic Security Audits☒ Backups Secured Off-site☒ Rules of Behavior☒ Role-Based Training☒ Regular Monitoring of Users’ Security Practices☒ Methods to Ensure Only Authorized Personnel Have Access to PII☒ Encryption of Backups Containing Sensitive Data☒ Mandatory Security, Privacy, and Records Management Training☐ Other.

• The same methodology and assumptions have been used to estimate the potential cost to consumers across both Policy Option B (Mandatory Security Label) and Policy Option C (Mandatory Security Baseline).