Initial Security definition

Initial Security or "Initial Securities" means any Security or Securities issued on the date of the Indenture.
Initial Security means the amount of Completion and Performance Security specified for each type of Facility in Exhibit A to the FIT Contract and which is required to be provided to the OPA upon execution of the FIT Contract in accordance with the instructions in the Offer Notice.
Initial Security has the meaning set forth in Section 6.10.

Examples of Initial Security in a sentence

  • PROVIDED THAT this right of withdrawal may only be exercised if, at the time of giving the said notice of withdrawal the owners of the vessel have still not provided the Initial Security or any alternative security which the owners of the vessel and the Contractor may agree will be sufficient.

  • Initial Security Deposit shall be refunded to the Contractor on the Engineer-in-charge certifying in writing that the work has been completed as per condition 31 hereof etc.

  • If the owners of the vessel do not provide the Initial Security within the said 2 working days, the Contractor, at his option, and on giving notice to the owners of the vessel, shall be entitled to withdraw from all the provisions of the SCOPIC clause and revert to his rights under the Main Agreement including Article 14 which shall apply as if the SCOPIC clause had not existed.

  • B-7 The Business Customer shall provide to the Company an Initial Security Deposit in cash and maintain it at an amount which is equivalent to two (2) times the monthly charges (“Security Deposit”).

  • Initial Security Agreement User agrees to the stated required security criteria in order to access and utilize the BHCS systems.


More Definitions of Initial Security

Initial Security means the CWC Holdings Share Charge, the CWC Holdings Intra-Group Loan Assignment, the Original Borrower Intra-Group Loan Assignment, the NTL Intra-Group Loan Assignment, the NTL Security Over Cash Agreement and the Original Borrower Security Over Cash Agreement.
Initial Security means a letter of credit or bank guarantee:
Initial Security or "Initial Securities" has the meaning specified in the first recital to this Indenture.
Initial Security means the Security Documents listed in paragraph (a)-(c) of the definition of Security Documents.
Initial Security is a Security of not less than the lesser of: (i) $30,000 multiplied by the rated capacity (in MW) of the Project; and (ii) $5 million. (b) LTES Operator must provide the Initial Security to SFV within 10 Business Days of the Signing Date, or as otherwise agreed between the parties. (c) SFV must return the Initial Security to LTES Operator within 10 Business Days after COD. (d) If the Initial Security is due to expire, then LTES Operator must replace that Initial Security with a replacement Initial Security no later than 10 Business Days prior to the expiry of the Initial Security. (e) If the issuer of the Initial Security ceases to hold an Acceptable Credit Rating, then LTES Operator must replace that Initial Security with a Milestone Milestone Date
Initial Security. Deposit: None
Initial Security or "Initial Securities" shall mean any of the $400,000,000 CE Generation, LLC 7.416% Senior Secured Bonds Due December 15, 2018, issued by CE Generation.