Security Condition Sample Clauses

Security Condition. The Security Condition shall have been satisfied to the reasonable satisfaction of the Required Lenders.
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Security Condition. The Security Condition shall have been satisfied.
Security Condition. Industrial and Commercial Bank of China (New Zealand) Limited Xxxxx 00, 000 Xxxx Xxxxxx, Xxxxxxxx XXX, XX Xxx 000000, Xxxxxxxx 0000, Xxx Xxxxxxx Email: xxxxxxxx@xx.xxxx.xxx.xx | Tel: +00 00000000/+00 00000000 | Fax: +00 00000000 Branch: Xxxxxx Xxxxx, 0 Xxxxx Xxxxxx, Xxxxxxxx XXX XX Xxx 000000, Xxxxxxxx 0000, Xxx Xxxxxxx Tel: +00 00000000 Except where we have previously given our written consent to you or as required by law, we require each Secured Property to have clear title and to be free from mortgages, charges and all other encumbrances other than the security provided to us. While the Secured Property is granted to us as security, you must obtain our agreement in writing before you can grant to another party a charge over the Secured Property. What could happen if there is a breach of the Security Condition: If, in breach of the Security Condition, any other security, mortgage, charge or encumbrance exists over a Secured Property, then we may require you to repay any money you owe us earlier than the originally scheduled payment date or on demand and we may cancel the Loan (or any undrawn portion of your Loan). We may also repossess and sell the Secured Property. If we sell any Secured Property and the amount we recover is less than the amount you owe us, then you will still be responsible for paying the amount of any shortfall to us. What happens if you fail to comply with the terms of your Loan Documents: If you do not pay any amount owing to us when it falls due or do not comply with any other terms of your Loan Documents, then we may require you to repay your Loan earlier than the originally scheduled payment date or on demand and we may cancel the Loan (or any undrawn portion of your Loan) and we may repossess and sell the Secured Property. If we sell any Secured Property and the amount we recover is less than the amount you owe us, then you will still be responsible for paying the amount of any shortfall to us. Method of charging interest Interest is calculated at the end of each day by applying the daily interest rate (which is the relevant Interest Rate (including any low equity margin, if applicable) divided by 365) to the daily balance outstanding of your Loan (or each Portion of your Loan, as the case may be). Interest will be charged from the day you first borrow money under your Loan (or each Portion of your Loan, as the case may be) until fully repaid. Interest will be debited from your Specified Account on the relevant Payment Dates. Ho...
Security Condition. Controlling the tools linked with ACLEDA Internet Bank frequently. if any unknown Message or programs are found, immediately clean and/or delete it off to avoid any Virus and/or Hacker. You have to change your password frequently. - Do not click or link to any other suspect website or install any unknown program in your computer which links with ACLEDA Internet Bank. - Keep your token (hard/soft) securely and shall not be seen by any person during the transaction. - Change your password frequently and use it correctly and highly secured to avoid unautherized transaction. - If you incorrectly try your password 3 times, your internet bank will be automatically locked out. - Do not store the password anywhere or note it without converting and all the question which relate to the password must not be answer. - Do not allow your password to be known by any other person during the transaction; make sure no one is watching as you enter the password. Please sign out immediately after the banking transaction completed. - Log in to ACLEDA Internet Bank with your computer only. Do not use computer of any others or computer at Internet shop, Internet Coffee, or hotel. - ACLEDA Bank will not be responsible for any loss related to ACLEDA Internet Bank if you do not comply with these security condition.
Security Condition. Controlling the tools linked with ACLEDA Internet system frequently if any unknown Message or programs are found, please immediately clean and/or delete it off to avoid any Virus and/or Hacker. - You do not click or link to any other suspect website or install any unknown program in your computer which links with ACLEDA Internet system. - Keep your ACLEDA Hard Token or ACLEDA Authentication securely and shall not be seen by any person during the transaction. - Change your password frequently and use it correctly and highly secured to avoid unautherized transaction. - Do not store the password anywhere or note it without converting and all the question which relate to the password must not be answer. - Do not allow your password to be known by any other person during the transaction; make sure no one is watching as you enter the password. Please sign out immediately after the banking transaction completed. - Log in to ACLEDA Internet Banking with your computer only. Do not use computer of any others or computer at Internet shop, Internet Coffee, or hotel. - If doubtful that your ACLEDA Internet Banking has been logged by an unknown person, you must immediately inform the bank to block or to take others technical actions to prevent unautherized transactions. If the informing is done by phone, you have to add more confirm in writen notice or via e-mail at least two working days of the bank. - ACLEDA Bank Plc. will not be responsible for any loss related to the use of ACLEDA Internet Banking if you do not comply with these security condition.

Related to Security Condition

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Property Condition Seller agrees to maintain the Property in its current condition, subject to ordinary wear and tear, from the time this Agreement comes into effect until the Closing. Buyer recognizes that the Seller, along with any licensed real estate agent(s) involved in this transaction, make no claims as to the validity of any property disclosure information. Buyer is required to perform their own inspections, tests, and investigations to verify any information provided by the Seller. Afterward, the Buyer shall submit copies of all tests and reports to the Seller at no cost.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

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