Security Fund definition

Security Fund means a letter of credit, security deposit, or comparable form of equivalent financial assurance.
Security Fund means the Water Development Security Fund created in Section 73-10c-5.
Security Fund shall have the meaning set forth in Section 11.1.

Examples of Security Fund in a sentence

  • In addition to the Principal’s salary, the Board shall pay such percentage as may be required by law on behalf of the Principal to the Teacher Health Insurance Security Fund.

  • The substance of the dispute between the Parties as placed before the court below is as follows: The Appellant company was contracted by the National Social Security Fund, Uganda (NSSF) to construct ‘Workers House’, in Kampala.


More Definitions of Security Fund

Security Fund means the letter of credit, escrow fund, guaranty and/or other collateral that Seller is required to establish and maintain, pursuant to Section 11.1, as security for Seller’s performance under this PPA.
Security Fund means the deposit provided by the Operator to MTC prior to installation of the first new Station and as further defined in Section 15 of the Program Agreement.
Security Fund means the security fund described in Section 5 and Appendix C hereof.
Security Fund has the meaning set forth in Section 2(a) of this Agreement.
Security Fund means a performance bond, letter of credit, cash deposit, or any or all of these, to the extent applicable.
Security Fund means, as in effect from time to time, the "Project Development Security" and the "Default Security" that Grantor is required to establish and maintain pursuant to the PPA, as security for its performance to the Secured Party under the PPA.