Additional Security definition

Additional Security has the meaning given in clause 10.6;

Additional Security means any letter of credit, guarantee agreement, mortgage-backed security, insurance policy or other security which would result in a rating on the Bonds not less than “A” by a Nationally Recognized Rating Agency, or other collateral which would result in a rating on the Bonds of at least “A” from a Nationally Recognized Rating Agency.

Additional Security means any additional or special security for the Loan made or Local Governmental Obligations purchased by the Trust, and any moneys, revenues, property, or rights pledged, transferred, or otherwise made available to secure repayment of such Loan or Local Governmental Obligations, including any security agreement, resolution, indenture, trust agreement, pledge, deed, mortgage, or other instrument of security, all as described in Schedule B of the Financing Agreement;

Examples of Additional Security in a sentence

• If additional security is required in accordance with clause 10.7 ("Additional Security"), the Distributor's notice provided under clause 10.1 must state the amount of the Additional Security.

• Refund of Additional Security Deposit The additional security deposit shall be released within 30 days of issue of ‘Certificate of Completion’ with respect to the whole of the Works.

• The Distributor may, by notice to the Trader, require the Trader to provide Additional Security.

• If additional security is required in accordance with Schedule 6.6.7 ("Additional Security"), the Distributor's notice provided in accordance with Schedule 6.6.1 must state the amount of the Additional Security.

• The amount of any Additional Security required must be such that the total value of all security required to be provided by the Retailer under this agreement is not more than the Distributor's reasonable estimate of the charges that the Retailer will be required to pay to the Distributor under this agreement in respect of any 2 month period.

More Definitions of Additional Security

Additional Security means any Security Interest created pursuant to Section 6.10.

Additional Security. Cash Collateral, a Guarantee, a Standby L/C or such other security as may be acceptable to GSB;

Additional Security is defined in Schedule E, Paragraph1; “Affected Party”: is defined in Article 16.1;

Additional Security shall have the meaning give in Section 3.13.

Additional Security means a letter of credit, line of credit, insurance policy, standby purchase agreement or similar obligation or instrument or any combination of the foregoing.

Additional Security has the meaning ascribed to such term in Section 2.4.

Additional Security means any additional security for the obligations of the Lessee under this Lease provided in accordance with clause 25 in form and content acceptable to the Lessor and, where the context so requires, includes any replacement of such additional security issued pursuant to clause 25;