Additional Security Amount definition

Additional Security Amount means, at any time, the amount in Sterling (as certified by the Lessor whose certificate shall, in the absence of manifest error, be conclusive and binding on the Lessee) which is the value of any Additional Security at such time (but for the purpose of the definition of the Applicable Security Amount and in the case of any Additional Security provided by a Relevant Bank, disregarding any Relevant Bank Change of Law Event or Relevant Bank Illegality Event which may affect the liability of the LC Bank to the Lessor in respect of the relevant Additional Security at such time);
Sample 1Sample 2Sample 3
Additional Security Amount means any additional sum of money on top of the Security Amount which we may require from you in the event of any actual or reasonably anticipated claims, any Loss, cost, penalties and expenses or for any anticipated increased risk identified by us.
Sample 1Sample 2
Additional Security Amount means, (a) at all times when the RBC Ratio of the Reinsurer most recently reported to the Company pursuant to Section 4.3 is less than 200%, an amount equal to 2% of Statutory Reserves (as defined in the Ameritas Coinsurance Agreement), and (b) at any other time, $0.
Sample 1Sample 2

Examples of Additional Security Amount in a sentence

  • If we require Additional Security Amount, we shall notify you about it, its method of calculation, its amount as well as any increase or reduction of Security Amount in any Security Account and/or Additional Security Amount, without undue delay, in writing.

  • Also, you shall: (i) put that Additional Security Amount in place at your expense, in accordance with any terms and conditions determined by us; and (ii) at your own expense, take any further action (including executing any necessary documents and registering any form of document) necessary to establish such Additional Security.

  • We may use any sum which we receive for you and you are its beneficiary or any sum received from you (including any sum forming part of any Security Amount or Additional Security Amount), at any time, to settle any liability which we may incur relating to your activity.

  • At our Discretion, we may request that you put in place an Additional Security Amount (including personal guarantees or bank guarantees from a bank and in a form acceptable to us; and/or Additional Security Amounts into a Security Account) so as to provide a source of funds to pay us for all, actual or reasonably anticipated Loss or for any anticipated increased risk identified by us.

  • We may use any sum which we receive for you and you are its beneficiary or any sum received from you (including any sum forming part of any Security Amount or Additional Security Amount), at any time, to settle any liability which we may incur relating to your activity in accordance with the Agreement.

  • At least 50% of the Additional Security Amount shall be in the form of cash.

  • Upon Tenant's execution hereof, Tenant shall pay Landlord the sum of $270,000.00 (the "Additional Security Amount") which is added to and becomes part of the Security Deposit held by Landlord as provided under Section 9.A of the Lease as security for payment of Rent and the performance of the other terms and conditions of the Lease by Tenant.

  • In addition to the Statutory Trust and any letters of credit established pursuant to Sections A and B of this ARTICLE XII, the Reinsurer shall establish additional security arrangements for the benefit of the Company, with terms satisfactory to the Company, with respect to the Additional Security Amount (as hereinafter defined).

  • If we require Additional Security Amount, we shall notify you of the imposition of it, its method of calculation, its amount as well as any increase or reduction of Security Amount in any Security Account and/or Additional Security Amount, without undue delay, in writing.

  • A maximum of 50% of the Additional Security Amount may be in the form of an irrevocable letter of credit, which letter of credit shall be in form and substance satisfactory to Landlord and shall otherwise conform to the letter of credit requirements provided in Section 9.C of the Lease.


More Definitions of Additional Security Amount

Additional Security Amount means $2.178 million, which is the product of $30 per kilowatt (kWAC) and the Facility’s anticipated nameplate Capacity, or 72.6 megawatts (MWAC), as measured in kilowatts (kWAC).
Sample 1
Additional Security Amount shall be equal to, without duplication, (i) 90% of the shareholders' equity (calculated in accordance with United States generally accepted accounting
Sample 1
Additional Security Amount shall be equal to, without duplication, (i) 90% of the shareholders' equity (calculated in accordance with United States generally accepted accounting principles) of the Reinsurer as of the last day of the immediately preceding fiscal quarter, minus (ii) the Statutory Trust Amount and any amount held in the Statutory Trust in excess of the Statutory Trust Amount, minus (iii) any amounts which at such quarter end were being utilized to collateralize the obligations of the Reinsurer pursuant to other reinsurance arrangements with the Company or any affiliate of the Company, and minus (iv) such other amounts as the Company may agree are not required to secure the Reinsurer's obligations under this Agreement; provided, however, for any fiscal quarter following a fiscal quarter as of the last day of which the Reinsurer had shareholders' equity of at least $100 million, clause (i) above shall be reduced to 125% of the most recent worst case frequency scenario presented to the Reinsurer by the Company on an annual or more frequent basis as the Company may determine, in each case applicable to the risks ceded to the Reinsurer by the Company and its affiliates and utilizing the methodology and assumptions utilized by the Company and its affiliates for their internal use. The Reinsurer and the Company agree that the Company or its successors in interest may exercise the Company's rights under such additional security arrangements and apply the proceeds thereof, without diminution because of the insolvency of the Company or the Reinsurer, only for the following purposes:
Sample 1

Related to Additional Security Amount

  • Additional Security has the meaning given in clause 10.6;

  • Additional Security Documents shall have the meaning provided in Section 9.12(a).

  • Security Amount means an amount equal to:

  • Additional Security Document means, any security document relating to the ETP Securities designated as such by Issuer and the Trustee, as amended, supplemented, novated and/or replaced from time to time but, for the avoidance of doubt, not including the Trust Deed or the Margin Account Security Agreement.

  • Additional Secured Debt Designation means a notice in substantially the form of Exhibit A.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Additional Series or “Additional Series Equipment Notes” means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series A” or “Series B”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Additional Senior Notes shall have the meaning assigned to such term in Section 11.2(b).

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Additional Senior Debt means any Indebtedness of the Parent Borrower (other than Indebtedness constituting Credit Agreement Obligations) Guaranteed by the Guarantors (and not Guaranteed by any other Subsidiary) which Indebtedness and Guarantees are secured by the Senior Collateral (or a portion thereof) on a pari passu basis (but without regard to control of remedies) with the Credit Agreement Obligations (and not secured by Liens on any other assets of the Parent Borrower or any Subsidiary); provided, however, that, (i) such Indebtedness is permitted to be incurred, secured and Guaranteed on such basis by each Senior Debt Document and Second Priority Debt Document and (ii) the Representative for the holders of such Indebtedness shall have become party to (A) this Agreement pursuant to, and by satisfying the conditions set forth in, Section 8.09 hereof and (B) the First Lien Intercreditor Agreement pursuant to, and by satisfying the conditions set forth in, Section 5.13 thereof, provided further that, if such Indebtedness will be the initial Additional Senior Debt incurred by the Parent Borrower after the date hereof, then the Guarantors, the Senior Collateral Agent and the Representative for such Indebtedness shall have executed and delivered the First Lien Intercreditor Agreement. Additional Senior Debt shall include any Registered Equivalent Notes and Guarantees thereof by the Guarantors issued in exchange therefor.

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.

  • Collateral Interest Amount As of any date of determination, without duplication, the aggregate amount of Interest Proceeds that has been received or that is expected to be received (other than Interest Proceeds expected to be received from Defaulted Obligations, but including Interest Proceeds actually received from Defaulted Obligations), in each case during the Collection Period in which such date of determination occurs (or after such Collection Period but on or prior to the related Payment Date if such Interest Proceeds would be treated as Interest Proceeds with respect to such Collection Period).

  • Additional Second Lien Obligations means, with respect to any Grantor, any obligations of such Grantor owed to any Additional Second Lien Secured Party (or any of its Affiliates) in respect of the Additional Second Lien Documents.

  • Initial Collateral Amount means $757,097,792, which equals the sum of (i) the Class A Note Initial Principal Balance, (ii) the Class B Note Initial Principal Balance, (iii) the Class C Note Initial Principal Balance and (iv) the Initial Excess Collateral Amount.

  • Additional Secured Obligations means (a) all obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements and (b) all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest, expenses and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest, expenses and fees are allowed claims in such proceeding; provided that Additional Secured Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor.

  • Additional Securities means such Securities which have been deposited pursuant to Section 2.05 to effect an increase over the number of Units initially specified in the Reference Trust Agreement.

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • Additional Senior Debt Facility means each indenture or other governing agreement with respect to any Additional Senior Debt.

  • Additional Book Basis means the portion of any remaining Carrying Value of an Adjusted Property that is attributable to positive adjustments made to such Carrying Value as a result of Book-Up Events. For purposes of determining the extent that Carrying Value constitutes Additional Book Basis:

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Additional Debt With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property.

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).