Additional Security Requirements Sample Clauses

Additional Security Requirements. The following provisions apply in respect of any Additional Security provided: (a) if the Additional Security is in the form of a Cash Deposit, the Distributor must pay a charge to the Trader for each day that the Distributor holds the Additional Security at a per annum rate that is calculated as follows: the Bank Xxxx Xxxxx Rate for that day, plus 15 percentage points (so that, by way of example, if the Bank Xxxx Xxxxx Rate for the relevant day is 3%, the charge will be 18%) (b) the parties agree that the charge calculated in accordance with paragraph (a) is a genuine and reasonable pre-estimate of the cost to the Trader of providing the Additional Security in the form of a Cash Deposit; (c) the Additional Security must be held as if it were part of the Cash Deposit under this Agreement; (d) if the Additional Security is in the form of security from a third party, the Distributor must pay a charge to the Trader for each day that the Distributor holds the Additional Security at a per annum rate of 3% on the amount of Additional Security held on that day; (e) any money required to be paid by the Distributor to the Trader in accordance with this clause 10.9 must be paid by the Distributor to the Trader on a quarterly basis; and (f) if the Trader provides an amount that is greater than the amount of Additional Security required by the Distributor as Additional Security, the charges set out in paragraph (a) will not be payable by the Distributor in relation to the amount provided in excess of the Additional Security required by the Distributor.
AutoNDA by SimpleDocs
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided: (a) if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement; (b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and (c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 will be paid by the Distributor to the Retailer on a quarterly basis.
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided: (a) if the Additional Security is in the form of a cash deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement; (b) if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; (c) any money required to be paid by the Distributor to the Retailer in accordance with this clause 12.8 will be paid by the Distributor to the Retailer on a quarterly basis net of any amounts required to be withheld by law; and (d) if the level of any Additional Security actually provided by the Retailer is greater than the level of Additional Security required by the Distributor, the charges referred to in sub-clause (a) will not be payable by the Distributor under this clause 12.8 in relation to the excess.
Additional Security Requirements. Due to the nature of Our and Our Partner’s businesses, particularly with regard to providing criminal record checks and county court judgements or other vetting data, We and Our Partners require) to follow the similar high standards in relation to security around Screening SaaS.
Additional Security Requirements. No Recipient shall download, store or otherwise place confidential information on a portable device or removable media without using password protection and encryption methods that comply with Department approved standards, as defined herein, which standards Department, in its sole discretion, may periodically amend. Such encryption methods must be FIPS-140 compliant and include Advanced Encryption Algorithm (AES) that use a minimum of 128-bit key size.
Additional Security Requirements. The following provisions apply in respect of any Additional Security provided:
AutoNDA by SimpleDocs
Additional Security Requirements. Contractor shall comply with the [Port Everglades Security Requirements] [Airport Security Requirements] [RESC Security Requirements] attached hereto as Exhibit .
Additional Security Requirements. Contractor shall comply with the Airport Security Requirements attached hereto and incorporated herein as Exhibit F.
Additional Security Requirements. Contractor certifies and represents that it will comply with the [Port Everglades Security Requirements] [Airport Security Requirements] attached hereto and incorporated herein as Attachment .
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!