Security Obligation Sample Clauses

Security Obligation. The Company shall establish and fund, not later than 30 days prior to the consummation of a Change in Control, a grantor trust in an amount sufficient to satisfy the Company's obligations under Sections 4(d), (e) and (f). If the Company fails to fund such trust within such thirty day period, the entire amount of the Company's severance obligations to the Employee will accelerate and become immediately due and payable.
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Security Obligation. As part of its security measures, IHS will conduct periodic audits at least quarterly to confirm that the Epidemiology Center’s access to the EDM corresponded with the terms of this Contract and 25 U.S.C. §1621m. Access to the EDM by the Epidemiology Center that does not correspond to this Contract or 25 U.S.C. §1621m shall be considered an unauthorized disclosure.
Security Obligation. You undertake to use the Service in a manner that protects your privacy and the data/information you provide. You are responsible for the protection of your computer and other electronic device where the Offline eBIRForms Package is installed against viruses, worms or malwares. Legal Obligation The Service provides you various email notifications or confirmation relative to your use of the system. In filing tax returns using the eBIRForms software package, you may only file your own or your organization's tax returns. You are not allowed to file tax returns of other persons/parties, unless you are an accredited tax agent duly authorized by your client to file such tax returns.
Security Obligation. You undertake to use the Service in a manner that protects your privacy and the privacy of the taxpayer you are duly authorized to represent and the data/information you provide. You are responsible for the protection of your computer and other electronic device where the Offline eBIRForms Package is installed against viruses, worms or malwares. Legal Obligation To be able to use the Offline eBIRForms Package as a tax agent of another person/taxpayer, you should have been duly authorized/appointed/designated as the taxpayer's agent, which authority continues to be effective or must not have been revoked. For purposes of using the Service as a tax agent of another person/taxpayer, you should be an accredited tax agent/practitioner of the BIR pursuant to Revenue Regulations No. 11-2006, as amended by Revenue Regulations No. 4-2010. The Service provides you various email notifications or confirmation relative to your use of the system. You shall not upload files other than the tax returns of taxpayers you are duly authorized to represent. Any violation of this condition shall constitute a ground for the Bureau to terminate or suspend your accreditation as a tax agent and refuse current or future use of the Service.
Security Obligation. In providing the Solutions to You, We will use commercially reasonable efforts to implement reasonable technical, physical and organizational measures to protect the security, confidentiality and integrity of Your Data hosted by Us or Our authorized third parties from unauthorized access, use, alteration or disclosure. “Your Data” means all data and information which is uploaded to, processed by and/or stored within the Solutions by You or in providing the Solutions to You.
Security Obligation. If a Party believes that an activity, information or equipment to be shared, or any anticipated result of a cooperative activity, undertaken pursuant to this Protocol, may require protection in the interests of national defense or foreign relations of either Party, that Party shall so notify the other prior to undertaking the activity or sharing the information or equipment. The Parties shall consult to identify and agree upon appropriate measures for the protection of the information or equipment.
Security Obligation. After Producer submits its Availability Report applicable to the first month of deliveries of Committed Gas under the Natural Gas Purchase and Sale Agreement to which this Exhibit "C" is attached (the "NGPSA") beginning on or after the Transition Date (as defined in Section 7.8.2 of the NGPSA), and in any event prior to the Transition Date, Dynegy shall furnish to Producer "SECURITY" (as hereinafter defined) and maintain the SECURITY in effect, subject to adjustment as provided in Paragraph C, below. The SECURITY shall be provided in a form acceptable to Producer and the surety company or companies, in the case of surety bonds, and acceptable to Producer and the issuing bank or banks, in the case of irrevocable standby letters of credit. The aggregate face amount of the SECURITY shall be calculated as follows:
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Security Obligation. The obligations of the Company hereunder are secured by a lien on the Collateral of the Company (junior to the investment by Xxxxx Investments). "Collateral" means the properties, assets and rights of the Company (excluding the subsidiaries), wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof: all personal property and fixtures of every kind and nature assets of the Company (excluding the subsidiaries).

Related to Security Obligation

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • The Obligations The security interest granted hereunder shall secure the payment of all indebtedness and the performance of all obligations of the Debtor to the Secured Party of every type and description, whether now existing or hereafter arising, fixed or contingent, as primary obligor or as guarantor or surety, acquired directly or by assignment or otherwise, liquidated or unliquidated, regardless of how they arise or by what agreement or instrument they may be evidenced, including without limitation all loans, advances and other extensions of credit and all covenants, agreements, and provisions contained in all loan and other agreements between the parties (the “Obligations”).

  • One Obligation The Loans, LC Obligations and other Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Loan Document) shall be secured by Agent’s Lien upon all Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of, and the holder of a separate claim against, each Borrower to the extent of any Obligations jointly or severally owed by such Borrower.

  • Third Party Obligations 3.1. The THIRD PARTY shall:-

  • Security for Secured Obligations This Patent Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Patent Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the other members of the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor.

  • Secured Party Performance of Debtor Obligations Without having any obligation to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’ obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.

  • Security Interest for “Obligations The term “Obligations” as used in this Annex includes the following additional obligations: With respect to Party A: not applicable. With respect to Party B: not applicable.

  • Continuing Liability Under Collateral Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any Secured Party, (ii) each Grantor shall remain liable under each of the agreements included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Agreement or any other document related thereto nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, and (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral.

  • Security for Obligations This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations with respect to every Grantor (the “Secured Obligations”).

  • Unconditional Obligation The obligations of the Company to make the Loan Payments, the Additional Payments and the other payments required by Section 4.2 hereof and to perform and observe the other agreements on its part contained herein shall be absolute and unconditional and shall be binding and enforceable in all circumstances whatsoever, irrespective of any defense or any rights of set-off, recoupment or counterclaim it might otherwise have against the Authority, and during the term of this Agreement, the Company shall pay all payments required to be made on account of this Agreement (which payments shall be net of any other obligations of the Company) as prescribed in Section 4.2 and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off. The Company shall be obligated to make the payments whether or not the Project has come into existence or become functional and whether or not the Project has ceased to exist or to be functional to any extent and from any cause whatsoever. The Company shall be obligated to make such payments regardless of whether the Company is in possession or is entitled to be in possession of the Project or any part thereof. Until such time as the principal of, premium, if any, and interest on, the Bonds shall have been fully paid, or provision for the payment thereof shall have been made as required by the Indenture, the Company (i) will not suspend or discontinue any payments provided for in Section 4.2; (ii) will perform and observe all of its other covenants contained in this Agreement; and (iii) except as provided in Article VIII hereof, will not terminate this Agreement for any cause, including, without limitation, the occurrence of any act or circumstances that may constitute failure of consideration, destruction of or damage to all or a portion of those facilities or equipment comprising the Project, commercial frustration of purpose, any change in the tax or other laws of the United States of America or of the State or any political subdivision of either of these, or any failure of the Authority or the Trustee to perform and observe any covenant, whether express or implied, or any duty, liability or obligation arising out of or connected with this Agreement or the Indenture, except to the extent permitted by this Agreement.

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