Initial Security. The Obligations of the Borrower shall be secured by:
Initial Security. Bidco shall procure that each member of the Group identified in Parts B1 and B2 of Schedule 2 (The Borrowers and the Guarantors) accedes as an Acceding Borrower and/or as an Acceding Guarantor and enters into the Initial Security Documents (as appropriate) on or contemporaneously with the Completion Date.
Initial Security. Initial security for Interconnection Customer’s obligations with respect to Transmission Provider’s Interconnection Facilities (including transmission line outage costs) and Network Upgrades must be provided by Interconnection Customer to Transmission Provider at least thirty (30) days prior to commencement of the construction of facilities in accordance with Articles 5.5.3, 5.6.4, and 11.5 of this Agreement. Based upon the estimated Construction and Payment Schedule set forth on page 4 of this Appendix B, the Interconnection Customer shall provide the Transmission Provider the initial security for Interconnection Customer’s obligations with respect to the Transmission Provider’s Interconnection Facilities and Network Upgrades in the amount of $1,696,000 no later than February 15, 2016. The provision of such security is consistent with Article 11.5 of the Agreement. Should a prior- queued request be withdrawn, terminated, suspended, or delayed, the Transmission Provider will notify Interconnection Customer of any additional security requirements, based on the prior-queued Construction and Payment Schedule set forth on page 4 of this Appendix B. If Interconnection Customer does not promptly pay its obligations with respect to the Transmission Provider’s Interconnection Facilities and/or Network Upgrades, Transmission Provider may exercise its rights and remedies with respect to the security therefor. The Transmission Provider’s Interconnection Facilities cost, the Network Upgrade costs, and/or the Construction and Payment Schedule may be subject to change if the Interconnection Customer does not meet the written notice to proceed deadline or the security deadlines set forth above. Furthermore, if the Agreement is suspended by the Interconnection Customer for any reason (e.g., Article 5.16), then additional Interconnection Studies and/or an amendment to the Agreement may be required.
Initial Security. The Borrower shall provide the Lender with the following documents (each in form and substance satisfactory to the Lender) before the Drop-Dead Date and the Liens constituted thereby shall secure the due payment and performance of the Loan Obligations:
Initial Security. No later than the giving of the Notice to Proceed for the Land Acquisition and Construction Phase, the Turnkey Contractor shall provide Security in an amount equal to the Required Security (the “Initial Security Delivery Date”).
Initial Security. Initial security for design, procurement, and construction of Transmission Provider’s Interconnection Facilities (including transmission line outage costs) and Network Upgrades must be provided by Interconnection Customer to Transmission Provider at least thirty (30) days prior to commencement of the design and procurement, installation, or construction of facilities in accordance with Articles 5.5.3, 5.6.4, and 11.5 of this Agreement. Based upon the estimated Construction and Payment Schedule set forth below, the Interconnection Customer shall provide the Transmission Provider the initial security for design and procurement in the amount of $1,400,000 no later than May 29, 2015. Subsequently, the Interconnection Customer shall provide the Transmission Provider the initial security for construction in the amount of $2,398,000 no later than December 1, 2015. The Transmission Provider’s Interconnection Facilities cost, the Network Upgrade costs, and/or the Construction and Payment Schedule may be subject to change if the Interconnection Customer does not meet the written notice to proceed deadline or the security deadlines set forth above. Furthermore, if the Agreement is suspended by the Interconnection Customer for any reason (e.g., Article 5.16), then additional Interconnection Studies and/or an amendment to the Agreement may be required. Continuing Security Continuing security for the Interconnection Customer’s obligations under this Agreement for, among other things, operation, maintenance, repair, and replacement of Transmission Provider’s Interconnection Facilities (Article 10.5), potential tax liability (Article 5.17.3), and the Monthly Administration Charge (Appendix C, Section D), must be provided by Interconnection Customer at least thirty (30) days prior to the In-Service Date. Attachment Q (Creditworthiness Procedures) of the Transmission Provider’s Tariff shall apply to these continuing security obligations. Schedules Estimated construction schedule of the IC-340 Interconnecting Substation is based on a typical substation land acquisition schedule. Delays in land acquisition for the proposed IC-340 Interconnecting Substation site (such site being acceptable to GPC may delay completion of the substation. Condemnation proceedings for land acquisition may delay the construction schedule by an additional 200 days. With regard to scheduling the outage(s) necessary to interconnect the Generating Facility to the Transmission System and to construct th...
Initial Security. Within fifteen (15) Business Days of the date that Interconnection Customer delivers to Transmission Provider an executed Interim GIA, Interconnection Customer shall provide Transmission Provider, at Interconnection Customer's option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to Transmission Provider and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1 in the amount set forth in Appendix A to this Interim GIA. This amount represents either (a) the sum of the estimated costs for which Interconnection Customer will be responsible for the construction, procurement, and installation of the applicable portion of Transmission Owner’s Interconnection Facilities, Network Upgrades, or Distribution Upgrades for which it will share cost responsibility as determined in the study designated in Appendix A.4. and 100 percent of the costs of Interconnection Facilities, Network Upgrades, or Distribution Upgrades for which Interconnection Customer has sole cost responsibility or (b) if the estimated costs above have not been established at the time Interconnection Customer requests Interim Interconnection Service, the initial security amount will be established by the Transmission Provider based on one or more completed studies for comparable interconnection requests.
Initial Security. 63 10.2 Additional Security from Restricted Group Members.................................64 10.3 Registration......................................................................65 10.4
Initial Security. To secure the due payment and performance of the Secured Obligations, the Borrower shall deliver to the Agent, or cause the delivery to the Agent of, each of the agreements, documents and instruments (each in form and substance satisfactory to the Agent) listed in Schedule 10.1 to be executed by each Restricted Group Member listed in Schedule 10.1 before the Borrower requests its first Drawdown hereunder, save and except for (a) the mortgage over the Capital Stock in Placard Pty. Ltd. to be granted by Metaca Corporation listed as item #43 in Schedule 10.1 and (b) the Deed of Charge to be granted by Placard Pty. Ltd. listed as item 47 in Schedule 10.1 and the Account Bank Deed listed as item #49 in Schedule 10.1.
Initial Security. The Collateral Documents, subject to these Agreed Security Principles and the other limitations set forth in the Loan Documents, to be executed post-closing in accordance with Schedule 5.09(d) of this Agreement, shall be the following: Document Governing law Parties Assets secured Share pledge agreement Danish law Nordic Fruit Holding AB (to be acknowledged by Total Produce Nordic A/S) Coöperatieve Rabobank U.A. New York Branch The entire share capital of Total Produce Nordic A/S Debenture Irish Total Produce plc Total Produce International Holdings Limited (Ireland) Total Produce Ireland Limited (Ireland) Total Produce International Limited Total Produce C Holdings Limited Calanthe Limited Bolanpass Limited Coöperatieve Rabobank U.A. New York Branch For all – general assets plus specific share security as follows: Total Produce plc: shares in Total Produce International Holdings Limited, Total Produce Ireland Limited, Total Produce International Limited, Calanthe Limited, Allegro Limited Total Produce International Holdings Limited: shares in Total Produce C Holdings Limited and Bolanpass Limited Bolanpass Limited: shares in Hortim International Spol. Sro. (a Czech sub) Share Charge Irish Total Produce International Finance B.V. Coöperatieve Rabobank U.A. New York Branch Shares in Bolanpass Limited Document Governing law Parties Assets secured Deed of Pledge of Shares Dutch law • Total Produce International Holdings Limited • Total Produce Ireland Limited • Total Produce Investments B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce Investments B.V. Deed of Pledge of Shares Dutch law • Total Produce Investments B.V. • Total Produce Holdings B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce Holdings B.V. Deed of Pledge of Shares Dutch law • Total Produce International Limited • Total Produce International Finance B.V. Coöperatieve Rabobank U.A., New York Branch Shares in Total Produce International Finance B.V. Omnibus Deed of Pledge Dutch law • Total Produce Holdings B.V. • Total Produce International Finance B.V. • Total Produce Investments B.V. • Total Produce B.V. Coöperatieve Rabobank U.A., New York Branch Intercompany receivables Bank accounts Insurance policies Intellectual property Trade receivables Debenture English law • TPH (UK) Limited • Total Produce Limited • Total Worldfresh Limited • Redbridge Produce & Flowers Limited • Bristol Fruit Sales (Market) Limited • Coöperatieve Rabobank U.A., New York ...
