the Security definition

the Security means the security (if any) created by the Customer in favour of the Bank over all or any types of the Secured Assets in consideration of the Bank making available to the Customer the Secured Overdraft Facility;
the Security. Trustee shall enforce any Pledge created hereunder against the Pledgor in accordance with the following procedure:
the Security means the guarantee, guarantees letter or letters of credit specified below:4

Examples of the Security in a sentence

  • The signature shall be conclusive evidence that the Security has been authenticated under this Indenture.

  • Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

  • In respect of any Securities so surrendered for exchange, the Company shall execute, the Trustee shall authenticate and such office or agency shall deliver in exchange therefor the Security or Securities of the same series that the Securityholder making the exchange shall be entitled to receive, bearing numbers not contemporaneously outstanding.

  • The ownership of Securities shall be proved by the Security Register.

  • In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security.


More Definitions of the Security

the Security means the one or more letter(s) of credit and/or guarantee(s) mentioned in recital
the Security means the Share Pledge Agreement and the General Security Agreement delivered herewith.
the Security means all the two million Ordinary Shares of 5p each in the capital of the Parent, the share certificates for which are to be deposited by the Pledgor with Fredrikson & Byron and the xxxxr pxxxxxty pledged under clauses 2.1 and 2.2 hereof.
the Security means the security required by rule4(1) of these Rules.
the Security means [the guarantee or guarantees or letter or letters of credit to which a Deed of Release Revocation and Resettlement of even date herewith and made between
the Security. HOLDERS SET OUT IN SCHEDULE “A” (a "Securityholder" or "you") (collectively, the "Parties") This Agreement is being entered into by the Parties who are party to the Form of Pooling Agreement among the Corporation, the Agent and the Securityholder (the “Pooling Agreement”) who owned Preferred Shares in the capital of the Corporation which converted into Common Shares of the Corporation which are listed for trading on the Canadian Securities Exchange (the "Shares"). All terms used but not defined herein shall have the meaning ascribed to them in the Pooling Agreement unless otherwise expressly defined herein. The Securityholders have agreed to deposit the securities they will receive into pool pursuant to this Amended Form of Pooling Agreement (herein the “Amended Pooling Agreement”) For good and valuable consideration, the Parties agree as follows:
the Security. Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against the Company for liquidation or reorganization, should the Company become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of the Company's assets, and shall, to the fullest extent permitted by law, continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Securities are, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee on the Securities, whether as a "voidable preference," "fraudulent transfer" or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Securities shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.