Security Requirement definition

Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:
Security Requirement means the amount in Dollars (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Bank) which is, at any relevant time, One hundred and twenty per cent (120%) of the aggregate of (a) the Loan and (b) the cost (if any) (as certified by the Bank whose certificate shall in the absence of manifest error be conclusive and binding on the Borrowers and the Bank) of terminating any Transactions entered into pursuant to the Master Swap Agreement;
Security Requirement means the amount in Dollars (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusively binding on the Borrower) which is at any relevant time one hundred and twenty five percent (125%) of the aggregate of the Loan and the Swap Exposure;

Examples of Security Requirement in a sentence

  • In addition to its own costs of complying with any Additional Security Requirement, Lessee shall further be responsible to the Port for any costs it incurs in complying with any Additional Security Requirement or any fines or penalties incurred as a result of its failure to implement, or comply with, such Additional Security Requirement.

  • The consummation of the transactions contemplated by this Agreement will not cause the Company Group to breach any Data Security Requirement, except as would not reasonably be expected to be material to the business of the Company Group, taken as a whole.

  • Additionally, upon written notice to Contractor, the City may terminate the entire Agreement to which this BAA is attached to, if the City determines, at its sole discretion, that Contractor has repeatedly violated a HIPAA Privacy or Security Requirement.

  • Additionally, upon written notice to CONTRACTOR, THE COUNTY may terminate the entire Agreement if THE COUNTY determines, at its sole discretion, that CONTRACTOR has repeatedly violated a Privacy or Security Requirement.

  • The Processor undertakes to institute and maintain the following data protection measures: Security Requirement How the Processor implements the specific information security measure Please describe the access control (physical) measures in your company to prevent unauthorized persons from gaining access to Processing systems within which Personal Data are Processed or used (If your company has several subsidiaries or branches please distinguish the differences between the locations).


More Definitions of Security Requirement

Security Requirement means the security deposit or banker’s guarantee given by the Requesting Licensee to OpenNet in accordance with the main body of the ICO Agreement;
Security Requirement means the security deposit or banker’s guarantee given by the Requesting Licensee to SingTel in accordance with the main body of the RIO Agreement;
Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Agent) which is at any relevant time one hundred per cent (100%) of the Loan.
Security Requirement means the amount in Dollars (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Bank) which shall be equal to one hundred and twenty per cent (120%) of (i) the Loan (or the Equivalent Amount in Dollars when the Loan or part thereof is denominated in an Optional Currency) and (ii) the cost (if any) (as certified by the Bank whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrower and the Bank) of terminating any Transaction entered into pursuant to the Master Swap Agreement;”;
Security Requirement means, in relation to a Ship, the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the other Creditors) which is at any relevant time:
Security Requirement means the specifications in terms of functions or level of assurance relating to the security measures to be implemented in an information system to ensure that it meets the security needs.
Security Requirement means the security deposit or banker’s guarantee given by the Requesting Licensee to NetLink Trust in accordance with the main body of this ICO Agreement;