Security Funds definition

Security Funds. Shall have the meaning set forth in Section 14.6 (Security Funds).
Security Funds means any additional deposit(s) by a Clearing Member required by the Corporation to be placed with the Corporation to ensure performance of a Clearing Member's obligations.
Security Funds means any additional deposit(s) by a Clearing Participant required by the Corporation to be placed with the Corporation to ensure performance of a Clearing Participant's obligations; and

Examples of Security Funds in a sentence

  • The Federal intent is that all Homeland Security Funds are awarded competitively.

  • Company may, in its sole discretion, draw all or any part of such amounts due Company from any of the Security Funds to the extent available pursuant to this Article 14 (Credit Assurance and Security), and from all such forms, and in any sequence Company may select.

  • Seller shall maintain the Security Funds at the contractually-required level throughout the Term of this Agreement.

  • Seller shall replenish the Security Funds to such required level within fifteen (15) Business Days after any draw on the Security Funds by Company or any reduction in the value of Security Funds below the required level for any other reason.

  • In addition to any other remedy available to it, Company may, before or after termination of this Agreement, draw from the Security Funds such amounts as are necessary to recover amounts Company is owed pursuant to this Agreement or the IRS Letter Agreements, including, without limitation, any damages due Company, any interconnection costs owed pursuant to Attachment G (Company-Owned Interconnection Facilities) and any amounts for which Company is entitled to indemnification under this Agreement.

  • Seller shall provide such Operating Period Security to Company within five (5) Business Days after the Commercial Operations Date, provided that, at all times, some form of Security Funds shall be in place and available to Company, whether Development Period Security or Operating Period Security.

  • Any failure to draw upon the Security Funds or other security for any damages or other amounts due Company shall not prejudice Company's rights to recover such damages or amounts in any other manner.

  • Reimbursement of such expenses is generally based on the amount of time NYLB employees devote to the respective Estates and Security Funds.

  • Promptly following the end of the Term, and the complete performance of all of Seller's obligations under this Agreement, including but not limited to the obligation to pay any and all amounts owed by Seller to Company under this Agreement, Company shall release the Security Funds to Seller.

  • The Development Period Security and Operating Period Security, including L/C Proceeds therefrom (collectively referred to as the "Security Funds") established, funded, and maintained by Seller pursuant to the provisions of this Article 14 (Credit Assurance and Security) shall provide security for the performance of Seller's obligations under this Agreement and shall be available to be drawn on by Company as provided in Section 14.7 (Company's Right to Draw from Security Funds).


More Definitions of Security Funds

Security Funds means the amount of money that you have provided to us and that we hold as collateral for the payment of all or any part of the amounts that you owe to us under this Agreement, if applicable.
Security Funds funds that I am required to provide to Refresh, to hold as collateral for payment of the amounts that I owe under or pursuant to this Agreement. Information Box and Fees Fee Type Amount Details Annual Fee $12.95 Annual fee billed upon activation and annually thereafter Monthly Fee $3.00 Fee billed on statement date Minimum Payment Equal or greater of 2% or applicable Provincial Rate of my New Balance The lowest amount of money that I am required to pay each month, as shown on my Monthly Statement, which amount shall be equal or greater than two percent (2%) or the applicable Provincial Rate of my New Balance. This amount will increase annually by 0.5% as required by applicable laws in the Province of Quebec. Interest Rate: 17.99% Annual Interest Rate Amount of my Credit Facility: [ ● ] The maximum limit of the Credit Facility that Refresh has agreed to offer to me under this Agreement. Limit of Credit Facility: Up to $10,000 The maximum limit of any Credit Facility that may be offered to me by Refresh.
Security Funds as defined in Section 13.8.
Security Funds means any additional deposit(s) by a Clearing Member required by the Corporation to be placed with the Corporation to ensure performance of a Clearing Member's obligations and shall be equivalent to the form of deposits accepted by the Corporation pursuant to Section A-608.
Security Funds means the cash deposit of Two Hundred Three Thousand Three Hundred Twelve Dollars and Fifty Cents ($ 203,312.50), which sum represents one hundred twenty-five percent(125%) of the estimated Developer's cost of constructing the CFA Obligations (the"Estimated Developer's Cost"). "Lien" shall mean any lien, security interest, charge, tax lien, pledge or encumbrance designed to secure the repayment of indebtedness or the satisfaction of any other obligation to a third party not a party of this Agreement. SECTION 2.

Related to Security Funds

  • Security freeze means a notice placed in a consumer's credit report, at the request of the consumer, that prohibits the credit rating agency from releasing the consumer's credit report or any information from it relating to an extension of credit or the opening of a new account, without the express authorization of the consumer;

  • Guaranty fund means the fund established by a local entity under Section 11-42-701.

  • Security Account “Software”, and “Supporting Obligations”.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Reserve Funds means the Tax and Insurance Reserve Funds, the FF&E Reserve Funds, the Required Repair Funds, the PIP Reserve Funds, the Excess Cash Reserve Funds or any other escrow funds established by the Loan Documents.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including such other terms and conditions as Agent may require.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Financing Accounts means, collectively, the Credit Account and the Grant Account (or, where the context so requires, either of the Credit Account or the Grant Account).”

  • Data Security Requirements means, collectively, all of the following, to the extent relating to privacy or data security and applicable to the Company or to its conduct of the Business: (i) the Company’s own rules, policies, and procedures; (ii) all applicable laws; (iii) industry standards applicable to the industry in which the Company operates; and (iv) Contracts into which the Company has entered or by which it is otherwise bound.

  • Security Management Plan means the Supplier's security management plan prepared pursuant to paragraph 3 of schedule 2 an outline of which is set out in paragraph 2.7 of the Order Form as updated from time to time;

  • Security Deposit Account has the meaning given in Section 5.1.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • NIST Cybersecurity Framework means the U.S. Department of Commerce National Institute for Standards and Technology Framework for Improving Critical Infrastructure Cybersecurity (Version 1.1).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Security Agreements means the Borrower Security Agreement and the Subsidiary Security Agreement.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Security Clearance means that level of security clearance required by the City or its police department for Contractor personnel accessing the information or premises required to be accessed in order to perform the Work under this Contract;

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.