Security Protection Notice definition

Security Protection Notice shall have the meaning given to that term in clause 5.1 (Crystallisation by notice) of the Deed of Charge and Assignment.
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Security Protection Notice means a notice in, or substantially in, the form of the document so named set out in Schedule 5 to this Note Trust Deed Supplement; Series 2023-1 (A1) means the Note Series designated as such in accordance with the relevant Final Terms/Drawdown Prospectus; Series 2023-1 (A1) Charged Accounts means (i) the Series 2023-1 (A1) Distribution Ledger in respect of the Issuer Distribution Account; (ii) the Call Protection Accumulation Deposit Account in respect of Series 2023-1 (A1); and (iii) any bank account or other account in which the Issuer may at any time acquire a Benefit in relation to Series 2023-1 (A1) and over which the Issuer has created an Encumbrance in favour of the Note Trustee pursuant to the Note Trust Deed or this Note Trust Deed Supplement in respect of Series 2023-1 (A1); Series 2023-1 (A1) Distribution Ledger means, in relation to the Issuer Distribution Account the ledger designated the Series 2023-1 (A1) Distribution Ledger in respect of Series 2023-1 (A1); Series 2023-1 (A1) Documents means, in relation to Series 2023-1 (A1) only, the Class A1 (2023-1) Loan Note Supplement to the Global Loan Note No. 1 and this Note Trust Deed Supplement; Series 2023-1 (A1) Notes means the Class A Notes of Series 2023-1 (A1) due 2031 issued in accordance with the relevant Final Terms dated 21 April 2023. The meaning of Global Notes and Noteholders shall be construed in accordance with the definition of Series 2023-1 (A1) Notes in this Note Trust Deed Supplement; Series 2023-1 (A1) Secured Creditors means, in respect of Series 2023-1 (A1), the Note Trustee in its own capacity and as Note Trustee (on behalf of the Noteholders), each of the Agents, the Account Bank, the Bank Account Operator and any Receiver; Series 2023-1 (A1) Secured Obligations means all amounts due to the Series 2023-1 (A1) Secured Creditors in accordance with the Series 2023-1 (A1) Documents and any other amounts payable by the Issuer under the Note Trust Deed which the Note Trustee determines in its sole discretion are referable or allocable to Series 2023-1 (A1); Series 2023-1 (A1) Secured Property means, with respect to Series 2023-1 (A1), the property of the Issuer from time to time subject, or expressed to be subject, to the Series 2023-1 (A1) Security created pursuant to this Note Trust Deed Supplement and any part of that property of the Issuer which is subject to the security created pursuant to the Note Trust Deed to the extent it is not subject to a prior Encumbrance; Series 2...
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Security Protection Notice has the meaning given to it in clause 11.1 of the Issuer Deed of Charge.
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Examples of Security Protection Notice in a sentence

  • The Note Trustee may at any time, unless an Enforcement Notice has been delivered, by notice in writing to the Issuer withdraw a Security Protection Notice.


More Definitions of Security Protection Notice

Security Protection Notice means in the case of the English Chargor Security a notice given in accordance with Clause 10.1 (Delivery of Security Protection Notice) of the English Deed of Charge or, in the case of the Issuer Security, a notice given in accordance with Clause 10.1 (Delivery of a Security Protection Notice) and in the form set out in Schedule 4 to the Issuer Deed of Charge;
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Security Protection Notice means an English Security Protection Notice and/or an Irish Security Protection Notice, as applicable;
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Security Protection Notice means a notice in, or substantially in, the form set out in schedule 2 (Form of Security Protection Notice) of the Deed of Charge;
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Security Protection Notice means a notice in, or substantially in, the form of the document so named set out in Schedule 5 to this Note Trust Deed Supplement; Series 2023-1 (A2) means the Note Series designated as such in accordance with the relevant Final Terms/Drawdown Prospectus; Series 2023-1 (A2) Charged Accounts means (i) the Series 2023-1 (A2) Distribution Ledger in respect of the Issuer Distribution Account; (ii) the Call Protection Accumulation Deposit Account in respect of Series 2023-1 (A2); and (iii) any bank account or other account in which the Issuer may at any time acquire a Benefit in relation to Series 2023-1 (A2) and over which the Issuer has created an Encumbrance in favour of the Note Trustee pursuant to the Note Trust Deed or this Note Trust Deed Supplement in respect of Series 2023-1 (A2); Series 2023-1 (A2) Distribution Ledger means, in relation to the Issuer Distribution Account the ledger designated the Series 2023-1 (A2) Distribution Ledger in respect of Series 2023-1 (A2); Series 2023-1 (A2) Documents means, in relation to Series 2023-1 (A2) only, the Class A2 (2023-1) Loan Note Supplement to the Global Loan Note No. 1 and this Note Trust Deed Supplement;
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Related to Security Protection Notice

  • Computer Security Procedures means procedures for prevention of unauthorized computer access and use and administration of computer access and use as provided in writing to the Underwriter.

  • Phone/Electronic Transaction Security Procedures means security procedures for Phone/ Electronic Transactions as provided in writing to the Underwriter.

  • HMG Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division) as updated from time to time.

  • Administrative Safeguards are administrative actions, and policies and procedures, to manage the selection, development, implementation, and maintenance of security measures to protect electronic PHI and to manage the conduct of Contractor’s workforce in relation to the protection of that information.

  • Data Protection Impact Assessment means an assessment by the Controller of the impact of the envisaged processing on the protection of Personal Data;