Provision of Collateral. 1.1 The BRP shall provide collateral ("Collateral") to eSett as security against the risk ("Counterparty Risk") that the BRP is unable to fulfill its obligations towards eSett in the Imbalance Settlement, such as the payment of outstanding and future Settlement Amounts, or any other obligations of the BRP in the Imbalance Settlement.
Provision of Collateral. The Company is currently party to several convertible debentures issued to Cornell Capital Partners, LP, Xxxxxxx Xxxxxxx, and Xxxxxxx Xxxxxxxx ("Debenture Holders"). These debentures are currently secured by the stock of the DRVW Subsidiaries used in connection with the prior business of the Company. The Company shall use its best efforts to provide the Debenture Holders with sufficient collateral to obtain the release of the stock of the DRVW Subsidiaries used as collateral for the Debenture Holders.
Provision of Collateral. 6.1.1. The Guarantee shall be issued against the Collateral unless the Parties have agreed otherwise.
Provision of Collateral. Subject to UBS’s rights under clause 10.2, Collateral which is required by UBS pursuant to clause 5, if provided to the Custodian, will be held by the Custodian as bare trustee for the Customer subject to the Security. Any other Collateral provided to UBS in accordance with clause 5 will be provided to UBS in accordance with the terms and conditions of the ASLA and with the Rules. Securities delivered by the Custodian to UBS under clause 10.2 will be deemed to be provided by the Customer to UBS in accordance with the terms and conditions of the ASLA and with the Rules. UBS will become the legal and beneficial owner of those securities upon taking delivery of them from the Custodian.
Provision of Collateral. Subject to Global Prime’s rights under clause 11.2, Collateral if provided to the Custodian, will be held by the Custodian as bare trustee for Client subject to the Security. Securities delivered by the Custodian to Global Prime under clause
Provision of Collateral. 21.1.1. The Borrower agrees to provide the Collateral and create the first priority mortgage with the maximum secured amount over the Collateral in favor of the Collateral Agent. The Detailed Terms and Conditions of Land and Building Mortgage Agreement (in the form of Exhibit 7), Detailed Terms and Conditions of Building Mortgage Agreement (in the form of Exhibit 8), and Chattel Mortgage Agreement (in the form of Exhibit 9) contained herein shall be used for the filing for registration or creation of, in favor of the Collateral Agent, the first priority mortgage with the maximum secured amount over the real estate, and the first priority mortgage with the maximum secured amount over the chattel. 21.1.2. Among the Collateral, the land, building and affiliated facilities shall be appraised based on the amounts stated in the appraisal report issued by professional appraisal firms recognized by the Facility Agent. The secured loan value for land shall be calculated based on eighty percent (80%) of the appraised value deducted by the land value increment tax based on the announced current land value, and that for building and affiliated facilities shall be calculated based on eighty percent (80%) of the appraised value deducted by depreciation. The first priority mortgage with the maximum secured amount over the abovementioned Collateral shall be created in favor of the Collateral Agent based on the appraised value within ten (10) Bank Business Days from the First Drawdown Date (or within the period agreed on by the Collateral Agent). ChipMOS TECHNOLOGIES INC. First Supplemental Agreement to NT$12 Billion Syndicated Loan Agreement
Provision of Collateral. Each BRP shall provide collateral securing the imbalance settlement. The collateral shall be posted to eSett Oy in accordance with the Imbalance Settlement Agreement. Statnett may demand extraordinary collateral from the BRP within the existing collateral regime handled by eSett Oy.
Provision of Collateral. If a Participant does not demonstrate compliance with its applicable minimum capitalization requirements above, it may still qualify to participate in any PJM Markets by posting Collateral, additional Collateral, and/or Restricted Collateral, subject to the terms and conditions set forth herein. Any Collateral provided by a Participant unable to satisfy the minimum capitalization requirements above will also be restricted in the following manner:
Provision of Collateral. Subject to MILLENNIUM ALPHA GLOBAL HOLDING GROUP Ltd’s rights under clause 11.2, Collateral if provided to the Custodian, will be held by the Custodian as bare trustee for Client subject to the Security. Securities delivered by the Custodian to MILLENNIUM ALPHA GLOBAL HOLDING GROUP Ltd under clause 11.2 will be deemed to be provided by Client to MILLENNIUM ALPHA GLOBAL HOLDING GROUP Ltd in accordance with the MSLA and with the Rules. MILLENNIUM ALPHA GLOBAL HOLDING GROUP Ltd will become the legal and beneficial owner of those securities upon taking delivery of them from the Custodian.
Provision of Collateral. If the agreement is terminated, TAKKT shall provide the creditors of NEWPORT with collateral in accordance with section 303 AktG.
