Security Clearances definition
Examples of Security Clearances in a sentence
Contractor shall be responsible for ensuring to submit Security Clearance forms in order to renew the Security Clearance(s) every twelve months.
Such clearances are (i) all of the personnel Security Clearances reasonably necessary to conduct the current business of the Company and (ii) valid and in full force and effect.
To the Knowledge of the Company, no termination, denial of eligibility, notice of rescission, notice of wrongdoing, 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 personnel Security Clearances held by any of the employees of the Company and the Subsidiaries to the extent held or required in connection with the conduct of the business of the Company and the Subsidiaries.
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.
Seller agrees that all of Seller's personnel who, pursuant to this Order, will have access to classified information shall have appropriate Personnel Security Clearances (PCL) which are still in effect, prior to being accorded access to such information.
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.