We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

No Security Required Sample Clauses

No Security Required. No Entity serving as a trustee hereunder shall be required to furnish any bond or security of any kind.
Sample 1Sample 2Sample 3See All (32)
No Security Required. No bond or other security shall be required of the Trustees.
Sample 1Sample 2Sample 3See All (11)
No Security Required. Section 7.08
Sample 1Sample 2Sample 3See All (6)
No Security Required. No Trustee or Delaware Trustee hereunder shall be required to furnish any bond or security of any kind.
Sample 1Sample 2Sample 3
No Security Required. The Parties recognize that this loan is backed by the full faith and credit of the County of Santa Xxxx, in its capacity as a political subdivision of the State of California, which has pledged the funds necessary to repay the loan amount. Accordingly, this is an unsecured loan.
Sample 1Sample 2
No Security Required. 15 SECTION 3.12
Sample 1
No Security Required. In light of the uncertainty as to when the development of the adjacent properties will require extension of the water main and sewer main along the Frontage of the Property, Xxxxxxx shall not be obligated to post security for 100% of the estimated cost of such extension, as required by Section 86-52 of the Rochelle Municipal Code. However, in the event that Xxxxxxx (or any successor in interest or transferee) should fail to extend the water main and sewer main across the Frontage of the Property promptly after notice by the City that such extension is required for future development, the City may extend the water main and sewer main across the Frontage of the Property, and shall be entitled to recover a judgment against Xxxxxxx (or any successor in interest or transferee) for the City's costs in doing so, plus prejudgment interest and the City's attorney's fees and court costs.
Sample 1
No Security Required. In light of the uncertainty as to when , when Pipe 77 will desire sewer and water for their use of the Property or when Pipe 77, at its discretion may change the use of the Property to something other than storage, Pipe 77 shall not be obligated to post security for 110% of the estimated cost of such extension, as required by Section 86-52 of the Xxxxxxxx Municipal Code. However, in the event that Pipe 77 (or any successor in interest or transferee) should: (i) require water and sewer for their use of the Property or (ii) the City requires it for future redevelopment of the Property or other use of the Property, other than indoor storage in the existing buildings fail to extend the water main and sewer main from North 7th Street to the Property promptly after notice by the City that such extension is required for future redevelopment of the Property or use of the Property, the City may extend the water main and sewer main (or all other necessary utilities) to the Property, and shall be entitled to recover a judgment against Pipe 77 (or any successor in interest or transferee) for the City’s costs in doing so, plus prejudgment interest and the City's attorney's fees and court costs. The City Engineer will not be required to acknowledge the certificate required for land improvements on the Final Plat of Subdivision as required by Section 86-154(7). The Final Plat of Subdivision will reflect the Deferment Agreement, which obviates the need for the City Engineer to certify that the public improvements will be completed upon subdivision.
Sample 1
No Security Required. There is no requirement outstanding under the Interconnection Agreement, Host Community Agreements or any other Material Project Document, other than the Power Purchase Agreements, applicable to the Project requiring the payment of, or posting, of any security, bond or deposit or the establishment of any escrow or similar account.
Sample 1

Related to No Security Required

  • No Security Your Account is unsecured. We are not taking a security interest in any property in connection with your Account.

  • No Security Interest Holders shall have no security interest in any of the Company’s assets or other collateral. Nothing in this Revenue Sharing Agreement or in the Notes, express or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, now in effect or hereaHer enacted and made effective, in any jurisdiction.

  • No Security Interest Created Nothing in this Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdiction.

  • Data Security Requirements Without limiting Contractor’s obligation of confidentiality as further described in this Contract, Contractor must establish, maintain, and enforce a data privacy program and an information and cyber security program, including safety, physical, and technical security and resiliency policies and procedures, that comply with the requirements set forth in this Contract and, to the extent such programs are consistent with and not less protective than the requirements set forth in this Contract and are at least equal to applicable best industry practices and standards (NIST 800-53).

  • Security Requirements 7.1 The Authority will review the Contractor’s Security Plan when submitted by the Contractor in accordance with the Schedule (Security Requirements and Plan) and at least annually thereafter.

  • No Service Charge None of the Issuer, the Note Registrar or the Indenture Trustee will impose a service charge on a Noteholder for the registration of transfer or exchange of Notes. The Issuer, the Note Registrar or the Indenture Trustee may require the Noteholder to pay an amount to cover taxes or other governmental charges that may be imposed for the registration of transfer or exchange of the Notes.

  • JOB SECURITY 23.01 Subject to the willingness and capacity of individual employees to accept relocation and retraining, the Employer will make every reasonable effort to ensure that any reduction in the work force will be accomplished through attrition.

  • No Segregation of Moneys; No Interest Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

  • No Separate Insurance Lessee shall not on Lessee's own initiative or pursuant to the request or requirement of any third party take out separate insurance concurrent in form or contributing in the event of loss with that required in this Article, to be furnished or which may reasonably be required to be furnished, by Lessee or increase the amount of any then existing insurance by securing any additional policy or additional policies, unless all parties having an insurable interest in the subject matter of the insurance, including in all cases Lessor and all Facility Mortgagees, are included therein as additional insureds, and the loss is payable under said insurance in the same manner as losses are payable under the Lease. Lessee shall immediately notify Lessor of the taking out of any such separate insurance or of the increasing of any of the amount of the then existing insurance.

  • Discharge of Indenture When (a) the Company shall deliver to the Trustee for cancellation all Notes theretofore authenticated (other than any Notes which have been destroyed, lost or stolen and in lieu of or in substitution for which other Notes shall have been authenticated and delivered) and not theretofore canceled, or (b) all the Notes not theretofore canceled or delivered to the Trustee for cancellation shall have become due and payable, or are by their terms to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption, and the Company shall deposit with the Trustee, in trust, funds sufficient to pay at maturity or upon redemption of all of the Notes (other than any Notes which shall have been mutilated, destroyed, lost or stolen and in lieu of or in substitution for which other Notes shall have been authenticated and delivered) not theretofore canceled or delivered to the Trustee for cancellation, including principal and premium, if any, and interest due or to become due to such date of maturity or redemption date, as the case may be, and if in either case the Company shall also pay or cause to be paid all other sums payable hereunder by the Company, then this Indenture shall cease to be of further effect (except as to (i) remaining rights of registration of transfer, substitution and exchange and conversion of Notes, (ii) rights hereunder of Noteholders to receive payments of principal of and premium, if any, and interest on, the Notes and the other rights, duties and obligations of Noteholders, as beneficiaries hereof with respect to the amounts, if any, so deposited with the Trustee and (iii) the rights, obligations and immunities of the Trustee hereunder), and the Trustee, on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as required by Section 17.5 and at the cost and expense of the Company, shall execute proper instruments acknowledging satisfaction of and discharging this Indenture; the Company, however, hereby agreeing to reimburse the Trustee for any costs or expenses thereafter reasonably and properly incurred by the Trustee and to compensate the Trustee for any services thereafter reasonably and properly rendered by the Trustee in connection with this Indenture or the Notes.

Most Referenced Clauses

Most Referenced Definitions