DEPOSIT AND SECURITY Sample Clauses

DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommunications operator is entitled to require a reasonable deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable circumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay, a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequately established or where the customer fails to supply their address. The telecommunications operator may also demand a reasonable security during the term of the agreement, if a relevant authority has found the customer to be insolvent. The telecommunications operator will not pay any interest on the deposit or security provided. The telecommunications operator is entitled to deduct its overdue receivables together with penalty interest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement and given their account number and other details required for returning the security. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the deposit will be returned within 10 business days of the fulfilment of these requirements.
Sample 1
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DEPOSIT AND SECURITY. 9.1 The Supplier reserves the right at its option to require a deposit or guarantee or such other security from the Customer as may be acceptable to the Supplier for an amount to be determined by the Supplier (the “deposit”) prior to the provision of any Service including without limitation in the event:- 9.1.1 that the Customer is in material breach of this Agreement; and/or 9.1.2 that there is in the opinion of the Supplier a significant change in the financial circumstances of the Customer which the Supplier considers may have a material adverse effect on the Supplier; and/or 9.1.3 that there is a re-commencement of the Services by the Supplier following a suspension or termination of the Services in accordance with this Agreement. 9.2 Details of the deposit, where applicable, will be notified to the Customer separately by the Supplier. 9.3 Deposits are payable on request and do not bear interest. If a deposit is not paid when requested we may suspend the pr ovision of the Service until such time as the deposit is paid. 9.4 The Supplier shall be entitled to apply all or any of the amount of the deposit against: 9.4.1 any unpaid Charges (including those already invoice, those in respect of interim invoices and those in respect of future invoices to be rendered in respect of Charges that have been incurred but unbilled); or 9.4.2 any other liability incurred by the Customer to the Supplier whether under this Agreement or otherwise.
Sample 1
DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommunications operator is entitled to require a reason- able deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable circumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay, a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequate- ly established or where the customer fails to supply their address. The telecommunications operator may also demand a reasonable security during the term of the agreement, if a relevant authority has found the customer to be insolvent. The telecommunications operator will not pay any interest on the deposit or security provided. The telecommunica- tions operator is entitled to deduct its overdue receivables together with penalty interest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement and given their account number and other details required for returning the security. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the de- posit will be returned within 10 business days of the fulfilment of these requirements.
Sample 1
DEPOSIT AND SECURITY. 3.1 The Hirer must, when specified by the Owner or at the latest upon delivery of the Equipment, pay the deposit or give the other security required as specified in the Equipment Hire Schedule. 3.2 The Owner will be under no obligation to deliver or release the Equipment into the possession of the Hirer, unless and until the deposit or other security required is given.
Sample 1
DEPOSIT AND SECURITY. The Supplier reserves the right at its option to require a deposit or guarantee or such other security from the Customer as may be acceptable to the
Sample 1
DEPOSIT AND SECURITY a. The Deposit is payable by the Customer to Auswest upon confirmation of a booking. b. The Deposit is non-refundable and will be applied in full toward the Hiring Fee. c. In the event the Customer does not proceed with this Hire Agreement the Deposit is forfeited to Auswest. d. Auswest may require the Customer to provide a copy of their credit card and drivers licence as security. Such personal information will be held securely and destroyed within 6 months of payment of all Costs in full.
Sample 1

Related to DEPOSIT AND SECURITY

  • Deposit and Securities Accounts (Please list all accounts; attach separate sheet if additional space needed)

  • Collateral and Security Section 10.01.

  • Password and Security If you are issued or create any password or other credentials to access the Service or the portion of the Site through which the Service is offered, you agree not to give or make available your password or credentials to any unauthorized individuals, and you agree to be responsible for all actions taken by anyone to whom you have provided such credentials. If you believe that your credentials have been lost or stolen or that someone may attempt to use them to access the Site or Service without your consent, you must inform us at once at the telephone number provided in Section 6 of the General Terms above. See also Section 16 of the General Terms above regarding how the timeliness of your notice impacts your liability for unauthorized transfers.

  • Access and Security Customer shall employ all physical, administrative and technical controls, screening and security procedures and other safeguards necessary to: (a) securely administer the distribution and use of all Access Credentials and protect against any unauthorized access to or use of the Hosted Services; and (b) control the content and use of Customer Data, including the uploading or other provision of Customer Data for Processing by the Hosted Services.

  • Borrowing and Security To borrow funds and to mortgage and pledge the assets of the Trust or any part thereof to secure obligations arising in connection with such borrowing;

  • Safety and Security Contractor is responsible for maintaining safety in the performance of this Agreement. Contractor shall be responsible to ascertain from the District the rules and regulations pertaining to safety, security, and driving on school grounds, particularly when children are present.

  • Privacy and Security (a) Each of the Company and its Subsidiaries complies (and requires and monitors the compliance of applicable third parties) in all material respects with all applicable Laws relating to privacy or data security, and reputable industry practice, standards, self-governing rules and policies and their own published, posted and internal agreements and policies (which are in conformance with reputable industry practice) (all of the foregoing collectively, “Privacy Laws”) with respect to: (i) personally identifiable information (including name, address, telephone number, electronic mail address, social security number, bank account number or credit card number), sensitive personal information and any special categories of personal information regulated thereunder or covered thereby (“Personal Information”), whether any of same is accessed or used by the Company or any of its Subsidiaries or any of their respective business partners; and (ii) non-personally identifiable information, whether any of same is accessed or used by the Company or any of its Subsidiaries or any of their respective business partners. (b) Neither the Company nor any of its Subsidiaries uses, collects, or receives any Personal Information or sensitive non-personally identifiable information and does not become aware of the identity or location of, or identify or locate, any particular Person as a result of any receipt of such Personal Information, in a manner which would materially breach or violate any Privacy Laws and materially and adversely impact the business of the Company and its Subsidiaries, taken as a whole. (c) To the Company’s knowledge, Persons with which the Company or any of its Subsidiaries have contractual relationships have not breached any agreements or any Privacy Laws pertaining to Personal Information and to non-personally identifiable information. (d) To the Company’s knowledge, the Company and its Subsidiaries take all commercially reasonable steps to protect the operation, confidentiality, integrity and security of their respective business systems and websites and all information and transactions stored or contained therein or transmitted thereby against any unauthorized or improper use, access, transmittal, interruption, modification or corruption, and there have been no material breaches of same. Without limiting the generality of the foregoing, each of the Company and its Subsidiaries (i) uses industry standard encryption technology and (ii) has implemented a comprehensive security plan that (1) identifies internal and external risks to the security of the Company’s or its Subsidiaries’ confidential information and Personal Information and (2) implements, monitors and improves adequate and effective safeguards to control those risks.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.

  • Collateral Account and Security Interest At any time when Fund’s assets are below $15 million, the Advisor, for value received, hereby pledges, assigns, sets over and grants to the Trust a continuing security interest in and to an account to be established and maintained by the Advisor with the Securities Intermediary and designated as a collateral account (the “Collateral Account”), including any replacement account established with any successor, together with all dividends, interest, stock-splits, distributions, profits and all cash and non-cash proceeds thereof and any and all other rights as may now or hereafter derive or accrue therefrom (collectively, the “Collateral”) to secure the payment of any required Fund Reimbursement Payment or Liquidation Expenses (as defined in Paragraph 5 of this Agreement). For so long as this Agreement is in effect, any transfers or conveyances of Collateral to any party shall require the approval of the Board of Trustees of the Trust (the “Board”), except as specified in Section 7(a)(ii) of this Agreement, below. In addition, the Trust will not issue entitlement orders, redeem or otherwise take any action with respect to the Collateral or Collateral Account unless a Collateral Event (defined below under Section 5 of this Agreement) has occurred or is continuing.

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

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