Security Payment. At our absolute sole discretion, we reserve the right to request a nominal security payment of £75 where the breakdown is deemed pre-existing or intermittent or where it is unclear whether the fault is covered under the service agreement. The payment may be refunded once the engineer has reported their findings and confirms that the fault being reported is covered under the agreement.
Security Payment. 4.17.1 To ensure the Lessor’s interests, the Lessee shall make the Security Payment in the amount of one-month Permanent Part of Rent to the Lessor’s settlement account within five (5) banking days from the date of the Agreement signing (clause 4.2.1 of the Agreement). The amount of the Security Payment is at the disposal of the Lessor (and can be used by it) until the amount of the Security Payment shall be returned to the Lessee in the event of the lease term expiration or the Agreement termination; however, no interest for the disposal and use of the Security Payment amount in favour of the Lessee is accrued or paid. The Lessor and the Lessee agree that the Security Payment is a method expressly specified in the Civil Code of the Russian Federation to ensure that the Lessee fulfills its obligations under this Lease Agreement. The Security Payment is not a deposit or an advance payment.
Security Payment. 5.1. The Security Payment is the amount of funds transferred to the Agent by Offline Cashback Partner to ensure the discharge of obligations for crediting the bonus remuneration (Cashback) to Offline Cashback Partner’s Customers as well as the obligations for payment of the Agent Commission.
Security Payment. Any payment made by WSW pursuant to a claim against WSW in connection with Secured Loans pursuant to (i) guarantees issued or (ii) an indemnity undertaking or (iii) payment in any form whatsoever.
Security Payment. 7.3.1. The Lessee may, subject to the provisions of Clause 7.1 of the Preliminary Agreement, instead of providing the Lessor with the Bank Guarantee, to make the Security Payment equal to the Total Security Amount within the time limits stipulated for providing any (both initial and subsequent) Bank Guarantee.
Security Payment. This is a fixed fee which is payable when requesting a Call-out. In case of any uncertainty, where a request for Assistance is not covered by Us, this payment is taken. This will be a fixed payment of £95. The Security Payment will be reimbursed when, upon inspection, the fault is covered by Us. The Security Payment will not be reimbursed if the fault/issue is not covered by Us.
Security Payment. This represents a discretionary payment which is payable at the time a claim is reported. This payment arises where there is uncertainty as to whether the claim is covered. The security payment is a fixed payment of £75. If following the diagnosis, the engineer confirms that the fault is one that is covered this payment will be reimbursed. If the engineer confirms the fault is not covered there will be no reimbursement of this fee. If this payment is not paid there is a discretion to decline your claim. Service agreement - means the document sent to you confirming the commencement date, your details, cover type and details of any cover.
Security Payment. The Lessee may pay the Security Payment at its own discretion instead of providing the Lessor with the Bank Guarantee, within the time limit fixed for providing the Bank Guarantee (Clause 4.17 of the Lease Agreement). The Security Payment shall be provided equal to the Total Security Amount, considering the fact that only the Leased Area of the Premises with respect to which the Lease Agreement has been signed is taken into account when determining the Total Security Amount for the Security Payment as of the Lease Agreement date. Further, when each Supplementary Agreement to the Lease Agreement is signed by the Parties, the Security Payment shall be increased up to the Total Security Amount, which value is determined with account for the Leased Area of the Premises leased out under the Supplementary Agreement to the Lease Agreement. The Security Payment equal to the full Total Security Amount should be provided by the Lessee to the Lessor by the date of signing the last Supplementary Agreement to the Lease Agreement. All conditions and requirements of Appendix 8 to the Lease Agreement relevant for the Security Payment shall apply to the Security Payment. When the Lease Agreement is entered into, the Security Payment provided by the Lessee to the Lessor under the Preliminary Agreement shall be credited towards the Security Payment under the Lease Agreement. In so doing, that part of the Security Payment provided under the Preliminary Agreement is subject to offset, which is calculated on the basis of the Leased Area of the Premises leased out under the Lease Agreement. The remaining part of the Security Payment submitted to the Lessor under the Preliminary Agreement remains at the Lessor’s disposal under the Preliminary Agreement. After each Supplementary Agreement to the Lease Agreement is signed by the Parties, a part of the Security Payment available to the Lessor under the Preliminary Agreement shall be credited, in its respective part, towards the Security Payment under the Supplementary Agreement to the Lease Agreement to be calculated on the basis of the Leased Area of the Premises leased out under such Supplementary Agreement to the Lease Agreement. If the Bank Guarantee under the Lease Agreement is not provided to the Lessor in due time according to Clause 4.17 of the Lease Agreement and the amount of the Security Payment under the Preliminary Agreement available to the Lessor is insufficient for credit towards the full amount of the Security Payme...
Security Payment. This represents a discretionary payment which is payable at the time a claim is reported. This payment arises where there is uncertainty as to whether the claim is covered. The security payment is a fixed payment of £75. If following the diagnosis the engineer confirms that the fault is one that is covered this payment will be reimbursed. If the engineer confirms the fault is not covered there will be no reimbursement of this fee. If this payment is not paid there is a discretion to decline your claim.
Security Payment. Mokulele shall pay Shuttle the sum of [*] by paying [*] on or prior to each date on which a Covered Aircraft (as described by Exhibit B) is placed into service hereunder (such amounts collectively referred to herein as the “Security Payment”); [*]. The Security Payment shall be the property of Shuttle. If a default by Mokulele shall occur hereunder and be continuing, then, in addition to any other rights that Shuttle may have hereunder or under applicable law, Shuttle may at any time as an agreed remedy set off all or any portion of the amount of the Security Payment in full or partial payment for amounts constituting or corresponding to any amounts owed by Mokulele to Shuttle hereunder. If Shuttle exercises any such right of set-off, Mokulele shall immediately upon demand from Shuttle pay to Shuttle an amount equal to such set-off. [*].
