Security Clauses Sample Clauses

Security Clauses. The Authority hereby notifies the Borrower and the Borrower acknowledges that, among other things, the Borrower's loan payments and all of the Authority's right, title and interest under the Financing Documents to which it is a party (except its rights under Section 6.2 hereof) are being concurrently with the execution and delivery hereof endorsed, pledged and assigned without recourse by the Authority to the Trustee as security for the Bonds as provided in the Indenture.
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Security Clauses. 8.1 The assignment of claims arising from this contract shall be barred.
Security Clauses. (a) The Issuer hereby notifies the Borrower and the Borrower acknowledges that, among other things, Borrower's Loan Payments evidenced hereby and by the Loan Note and all of the Issuer's right, title and interest under this Agreement and the Loan Note (except Shared Rights, which with respect to rights of enforcement may be exercised by the Issuer and the Trustee jointly or severally, and with respect to rights of consent to the modification of or waiver of compliance may be exercised by the Issuer and the Trustee jointly but not severally, and Unassigned Issuer's Rights) are being concurrently with the execution and delivery hereof assigned without recourse to the Trustee as security for the Bonds as provided in the Indenture. (b) The Borrower acknowledges that each of the Trustee and the Issuer may (except with respect to Shared Rights, except that with respect thereto rights of enforcement may be exercised by the Trustee either jointly or severally with the Issuer, and rights to consent to the modification thereof or to waive compliance therewith may be exercised by the Trustee jointly with the Issuer but not severally, and Unassigned Issuer's Rights), exercise any and all of their respective rights against the Borrower pursuant to or in connection with this Agreement and the Loan Note, and the Borrower shall not question the authority of any such party to exercise such rights.
Security Clauses. Section 3.6. Issuance of Initial Bonds................................ 22 Section 3.7. Issuance of Additional Bonds............................. 22 Section 3.8. Effective Date and Term.................................. 23
Security Clauses. Section 3.6. Issuance of Bonds . . . . . . . . . . . .
Security Clauses. 16 Section 5.8 Pledge of Trust Estate......................................... 16 Section 5.9 Receipt by Trustee of Payments Under Facility Agreements and Other Contracts; Enforcement and Amendment of Facility Agreements................................................... 17 ARTICLE VI
Security Clauses. 1. All information exchanged or generated in connection with this Agreement shall be used, transmitted, stored, handled and/or safeguarded in accordance with the Parties’ applicable national and international laws and regulations. 2. Information shall be transferred only through allowed channels. 3. The Parties shall ensure that all information exchange shall be used only for the intended purposes within the objectives and the scope of this Agreement.
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Security Clauses. In order to further secure its Loan obligations hereunder, the Borrower has pledged or caused to be pledged the Collateral to the Authority.
Security Clauses. In order to secure the payment of this Agreement, the Note and the Bonds according to their tenor and effect, and to secure the right of reimbursement of the General Guaranty Fund provided for in Section 2.5 of this Agreement and the right of reimbursement of the Board provided for in Section 2.6 of this Agreement and to secure the performance by the Borrower of all covenants expressed or implied in this Agreement, as of the Closing Date, the Borrower shall grant and deliver a validly perfected first security interest to the Board in the (i) Equipment pursuant to the Security Instruments, (ii) Equipment purchased with proceeds of the Bonds and (iii) Equipment purchased by the Borrower as the Borrower's equity contribution, all of which Equipment is to be pledged by the Board to the Trustee for the benefit of Bondholders pursuant to the Board Resolution as security for the Bonds and the Single Lot Bonds. The Borrower shall cause to be delivered a legal opinion on behalf of the Borrower as to the due authorization and execution of this Agreement, the Security Instruments, the Note and any other Security Instrument and as to the legality, validity and enforceability of such instruments in such form and substance satisfactory to the Board and Bond Counsel.
Security Clauses. 7.1. FACILITY SECURITY (04/12) – Security requirements for Government occupied space must meet minimum-security accreditation standards for the type of facility covered by this lease. The FAA Facility Security Management Program defines facility security accreditation standard levels. The security requirements identified below are tailored specifically for the type of facility covered by this lease. The Lessor shall provide or make accommodation to provide for all the security requirements listed herein for the leased premises covered by this lease agreement: none The local Servicing Security Element (SSE) will determine any additional security upgrades that are required to meet accreditation and shall conduct a final security assessment of the building. The Lessor shall provide maintenance services to the security upgrades installed by the Lessor within the leased premises and covered under this lease.
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