Scope of Security. 3.1 The Pledged Equity hereunder offers security for:
Scope of Security. 3.1 The scope of security of the Pledged Stock Rights under this Agreement shall cover:
Scope of Security. (1) To the extent that the creation of the Security would constitute a breach or permit the acceleration or termination of any agreement, right, licence or permit of the Guarantor (each, a “Restricted Asset”), the Security shall not attach to the Restricted Asset but the Guarantor shall hold its interest in the Restricted Asset in trust for the Bond Trustee, and shall be deemed to have granted a Security in such Restricted Asset to the Bond Trustee or as it may direct immediately, and such Security shall attach to the Restricted Asset, upon obtaining the consent of the other party.
Scope of Security. The scope of security of the Pledged Shares hereunder covers all obligations or debts of Party B and/or Party C and Party C’s Subordinate Entities arising out of the Principal Contracts, including but not limited to the management and consulting service fees, interests, damages, compensation, costs for realizing the creditors’ rights, and damages and all the other payable incurred by Party A because of breaches by Party B and/or Party C and Party C’s Subordinate Entities, which arise out of the Principal Contracts and shall be paid to Party A by Party B and/or Party C and Party C’s Subordinate Entities. The scope of security hereunder shall be limited to the above creditors’ rights secured. The parties confirm that, in the event that relevant industry and commerce authority requires clarification of the amount of creditors’ rights covered by the scope of security during the process of share pledge registration, only for the purpose of such registration, the parties agree to register the amount of the creditors’ rights hereunder as composed of the principal of XXX 00 million and the amount of all and any default liability and the amount of damages under relevant contracts. The parties further confirm that the clarification of the above clarification for purpose of share pledge registration shall not impair or limit Party A’s rights or interests enjoyed as guarantee in accordance with relevant Principal Contracts and this Agreement.
Scope of Security. (a) No member of the Group incorporated in India, Malaysia, Saudi Arabia or Argentina shall be required to be a Guarantor.
Scope of Security. 3.1 The scope of security hereunder shall be subject to the Secured Liabilities defined in Article 1.2.
Scope of Security. The security under this Contract shall be to secure all of the loan principal, interest, penalty interest, breach of contract compensation and all the expenses such as litigation cost, lawyer’s fee, disposal cost of the collateral and transfer cost etc. which is incurred to the Mortgagee in realizing its creditor’s right. The security under this Contract shall also cover the indebtedness of the Debtor which exceeds the agreed maximum amount due to fluctuation of exchange rate of foreign currency.
Scope of Security. (1) To the extent that an assignment of amounts payable and other proceeds arising under or in connection with any agreement, licence, permit or quota of the Corporation (each, a "Restricted Asset") is prohibited by the terms thereof, the Security will constitute a trust created in favour of the Holder and certain financial institutions specified by the Holder pursuant to which the Holder shall hold as trustee all proceeds arising under or in connection with the Restricted Asset in trust for such specified financial institutions on the following basis:
Scope of Security. All of the Lender Secured Obligations shall be secured, equally and rateably, by the Security Documents which will grant first priority Liens (subject to Permitted Liens) on, to and against (i) all present and future Property of the Obligors (except for the Excluded Property) and (ii) all Equity Securities and Equity Securities Equivalents of the Obligors owned by the Parent Pledgors, and all proceeds of the foregoing (other than (x) Excluded Property and (y) Distributions permitted to be made hereunder), as described therein.
Scope of Security. (1) To the extent that an assignment of amounts payable and other proceeds arising under or in connection with, or the grant of a security interest in any agreement, lease, licence, permit or quota of the Obligor would constitute a default under or breach of or would result in the termination of such agreement, lease, licence, permit or quota (each, a “Restricted Asset”), the Security with respect to each Restricted Asset will constitute a trust created in favour of the Holder, pursuant to which the Obligor holds as trustee all proceeds arising under or in connection with the Restricted Asset in trust for the Holder, on the following basis:
