Security Restrictions Sample Clauses
The Security Restrictions clause sets out the rules and limitations regarding access to and use of secure areas, systems, or information within an agreement. Typically, it outlines which parties or individuals are permitted access, the security protocols that must be followed, and the consequences of breaching these requirements. This clause is essential for protecting sensitive data and resources, ensuring that only authorized personnel can interact with them, and reducing the risk of unauthorized disclosure or misuse.
Security Restrictions. All of the easements granted in this Declaration are subject to reasonable restrictions including access controls through any security system or by Rules promulgated by Office Owner, in its sole discretion, provided that no such restrictions shall unreasonably impair the utility of the easements granted herein.
Security Restrictions. In the event of disruption due to insecurity within the programme area, Concern will pay proportionally for the actual work completed, together with expenses occurred.
Security Restrictions. On or before the Closing Date, Buyer shall deliver to Seller, or cause to be delivered to Seller a stock certificate or certificates representing the shares specified under 2.1.b. above, in a form and substance satisfactory to Seller, and which shall effectively vest in Seller, as of the Closing Date, all right, title and interest in and to the shares except as set forth in the legend on the certificate(s), which legend shall provide as follows:
Security Restrictions. In the event Secured Party elects to sell the right to the Membership Interest in accordance with one of its remedies under Division 9 of the California Uniform Commercial Code or any other applicable law:
(a) Pledgor agrees that in any sale of the Membership Interest after an Event of Default, Secured Party is hereby authorized to comply with any limitation or restriction in connection with any such sale as it may be advised by counsel is necessary in order to comply with the requirements of an exemption from registration or qualification under any laws or regulations pertaining to sale of the Membership Interest or to obtain any required approval of the sale by any governmental regulatory authority or officer, and Pledgor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall Secured Party be liable or accountable to Pledgor for any discount allowed by reason of the fact that such Membership Interest is sold in compliance with any such exemption, limitation or restriction; and
(b) The proceeds of any such sale shall be applied as follows:
(i) to the repayment of the costs and expenses of retaking, holding and preparing for the sale and the selling of the Membership Interest (including attorneys’ fees and expenses) and the discharge of all assessments, encumbrances, charges or liens, if any, on the Membership Interest prior to the lien hereof (except any taxes, assessments, encumbrances, charges or liens subject to which such sales shall have been made);
(ii) to the payment of all amounts (including, without limitation, principal of and interest due by reason of the obligations of the Guaranty or the Note which is guarantied by the Guaranty) then secured hereunder; and
(iii) the surplus, if any, shall be paid to Pledgor or to whomever may be lawfully entitled to receive the same, or as a court of competent jurisdiction may direct.
Security Restrictions. All of the easements granted in this Agreement are subject to reasonable access restrictions, which may be in the form of access controls through the Security Access System or by Rules promulgated pursuant to Article 16, provided that no such restrictions shall unreasonably impair the utility of the easements granted herein.
Security Restrictions. The Contractor shall follow directions set forth by the University Police and Safety Personnel.