Project Security definition

Project Security means Development Security or Performance Assurance.

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Project Security means Development Security or Performance Assurance. “Punch List” has the meaning set forth in Section 2.04(k).

Project Security means all real and personal property which is subject or is intended to become subject to the security interests or liens granted by any of the Security Documents.

Examples of Project Security in a sentence

To secure its performance of its obligations under this Agreement, and until released as provided herein, Seller hereby grants to SCE a present and continuing first-priority security interest (“Security Interest”) in, and lien on (and right of setoff against), and assignment of the Project Security and any and all proceeds resulting therefrom or from the liquidation thereof, whether now or hereafter held by, on behalf of, or for the benefit of SCE.
Nothing herein shall affect the right to serve process in any other manner permitted by law or any right to bring legal action or proceedings in any other competent jurisdiction, including judicial or non-judicial foreclosure of real property interests which are part of the Project Security.
Except as may be provided or limited by this Agreement, the obligations which by their nature are intended to survive termination of this Agreement, including representations, warranties, covenants and rights and obligations with respect to audits, indemnification, payment, settlement, confidentiality, remedies, limitation of liabilities, posting of Project Security, dispute resolution, and limitations on sales, shall so survive.
The Obligations shall be secured by the Project Security in accordance with the Security Documents.
The Disbursement Agent need not marshal in any particular order any particular part or piece of the Project Security held by the Disbursement Agent in its capacity as Disbursement Agent hereunder or under any Related Agreement, or any of the funds or assets that the Disbursement Agent may be entitled to receive or have claim upon.

More Definitions of Project Security

Project Security means any Property expressed to be subject to any Lien created or purported to be created under any of the Security Documents.

Project Security means, in respect of a specific Project Financing, any Security granted on normal commercial terms and subject to customary limitations by the Project Company to which such Project Financing is made available as security for its liabilities as the sole bor- rower and debtor under and in respect of that Project Financing.

Project Security means any Encumbrance over all or any of the Assets or the Company (or both, as the case may be) which the Board has approved as Project Security;

Project Security means the security for the obligations of Elgaugol OOO in the form of a pledge over 49% interest in the charter capital of Elgaugol OOO as provided by OJSHC Yakutugol and in the form of a pledge over 100% of the assets of Elgaugol OOO.

Project Security means any Security Interest over all or any Joint Venture Property which is either detailed in Appendix B, granted in the Deed of Trust or that the Participants agree in writing is to be Project Security.

Project Security classification guide» means the part of the project security instructions which identifies the elements of the project that are classified and specifies their security classification levels.

Project Security means Encumbrances in favour of any Project Lenders (or agent or trustee on their behalf) as security for the payment and performance, when due, of the obligations of Taseko or any of its Affiliates under any Project Financing.