Acceptable Security means either:

Acceptable Security means one or more of the following:

Acceptable Security means any of the following: (i) Guarantee; (ii) a Letter of Credit; (iii) Prepayment; (iv) a Cash Deposit; or (v) any other form of security proposed by the Customer and accepted by SL. Appropriate Investment Grade Status means a Moody’s credit rating of Baa3 or higher or a S&P credit rating of BBB- or higher. Approved Bank means any bank with a credit rating of at least A3 from Moody’s or a credit rating of at least A- from S&P. Approved Rating Agency means Moody’s or S&P or such other credit rating entity agreed by SL and the Customer. Business Day has the meaning given to such term in the Code. Capacity Charges has the meaning given to such term in the Storage Services Contract.

Examples of Acceptable Security in a sentence

If a site visit is required, a fee of three hundred (300) dollars per day will be assessed for each Department representative conducting the site visit.
The Customer shall have thirty (30) Days from the date of such cessation to provide SL with an alternative form of Acceptable Security, acceptable to SL, failing which the Letter of Credit shall be deemed to have become invalid (but only for the purposes of constituting Acceptable Security but not otherwise, and provided that SL shall continue to be able to enforce the Letter of Credit in accordance with its terms up until the time at which the Customer puts in place alternative Acceptable Security).
The Parties have agreed that the Customer shall provide the Acceptable Security by means of this Guarantee.
If after the expiry or termination of the Storage Services Contract the Customer’s Indebtedness is zero (0) then SL shall release all outstanding Acceptable Security as soon as reasonably practicable and in any event within five (5) Business Days following such expiry or termination.
C Under the terms of the Credit Agreement the Customer is required to provide SL with Acceptable Security.

More Definitions of Acceptable Security

Acceptable Security. – means a Security determined by the Corporation as acceptable for purposes of clearing Fixed Income Transactions and Futures for which the deliverable security is a fixed income security.

Acceptable Security means any of the following acceptable to NGG (acting reasonably):

Acceptable Security means the types of security listed under TPD Section V 3.4.

Acceptable Security means a security within a First Nation's control which is accessible to use as a payment to the Minister if a First Nation Council has defaulted on a Loan, and includes stockholdings, bondholdings, real property, and moveable assets, but does not include any security under the control of the Minister.

Acceptable Security has the meaning given in Clause 15;

Acceptable Security means a security denominated in US Dollars or Pounds Sterling which is: