Additional Security has the meaning given in clause 10.6;

Additional Security means any letter of credit, guarantee agreement, mortgage-backed security, insurance policy or other security which would result in a rating on the Bonds not less than “A” by a Nationally Recognized Rating Agency, or other collateral which would result in a rating on the Bonds of at least “A” from a Nationally Recognized Rating Agency.

Additional Security. Cash Collateral, a Guarantee, a Standby L/C or such other security as may be acceptable to GSB;

Examples of Additional Security in a sentence

If additional security is required in accordance with clause 10.7 ("Additional Security"), the Distributor's notice provided under clause 10.1 must state the amount of the Additional Security.
To avoid doubt, if the Distributor draws down some or all of a Cash Deposit held by the Distributor under this Agreement, or calls on the provider of a third party security, the Trader must within 5 Working Days take all steps necessary to ensure that the Trader maintains acceptable security of the value specified in clause 10.6 and the value of any Additional Security required by clause 10.7 (as such may be reviewed by the Distributor in accordance with clause 10.11), as required by clause 10.2(b).
This Agreement (including, without limitation, the Guest Guarantee and fees related to Additional Security Services) may only be amended in writing signed by both Client and Venue.
The Distributor may, by notice to the Trader, require the Trader to provide Additional Security.
Additional Security Procedures and features are set forth in Schedule A (Security Features & Procedures) and may be set forth in other materials the Bank or Service Provider provides from time to time.

More Definitions of Additional Security

Additional Security is defined in Schedule E, Paragraph1; “Affected Party”: is defined in Article 16.1;

Additional Security means a letter of credit, line of credit, insurance policy, standby purchase agreement or similar obligation or instrument or any combination of the foregoing.

Additional Security shall have the meaning give in Section 3.13.

Additional Security means any additional or special security for the Loan made or Local Governmental Obligations purchased by the Trust, and any moneys, revenues, property, or rights pledged, transferred, or otherwise made available to secure repayment of such Loan or Local Governmental Obligations, including any security agreement, resolution, indenture, trust agreement, pledge, deed, mortgage, or other instrument of security, all as described in Schedule B of the Financing Agreement;

Additional Security has the meaning ascribed to such term in Section 2.4.

Additional Security means any additional or special security for the Loan made by the Trust, and any moneys, revenues, property, or rights pledged, transferred, or otherwise made available to secure repayment of such Loan, including any security agreement, resolution, indenture, trust agreement, pledge, deed, mortgage, or other instrument of security, all as described in Schedule D of the Financing Agreement;