Additional security requirements definition

Additional security requirements. The following provisions apply in respect of any Additional Security provided:
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Additional security requirements means any additional security requirements which apply in relation to any Project and are set out in the relevant Mini-Invitation;
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Additional security requirements. The following provisions apply in respect of any Additional Security provided: if the Additional Security is in the form of a Cash Deposit, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(a) of the Code, and the Additional Security will be held as if it were part of the Cash Deposit under this agreement; if the Additional Security is in the form of security from a third party, the Distributor will pay a charge to the Retailer calculated in accordance with clause 12A.5(3)(b) of the Code; and any money required to be paid by the Distributor to the Retailer in accordance with this clause 6.6.7 will be paid by the Distributor to the Retailer on a quarterly basis. Estimating the value of security if the Retailer is a new retailer: If the Retailer has not previously entered into a contract with the Distributor for access to the Network, the Distributor will estimate the value of security required under clause 6.6.6 for the first 6 months of this agreement, subject to any reassessment of the value under this agreement, having regard to: the Distributor's historical records of the Distribution Service charges in respect of the relevant ICPs; or in the absence of such records, a bona fide business plan prepared by the Retailer in good faith necessary for the Distributor to determine the value of security that it requires from the Retailer. Review of the value of security: The Distributor may review or the Retailer may require the Distributor to review the value of security required to be provided by the Retailer at any time. Retailer to notify Distributor of changes affecting security: Subject to clause 6.6.11, the Retailer will immediately notify the Distributor if any of the following occurs: the Retailer no longer carries an acceptable credit rating; or the Retailer has complied with prudential requirements by arranging for a third party to provide security in accordance with clause 6.6.1(b), and the Retailer learns that the third party no longer carries an acceptable credit rating; or the Retailer has reasonable cause to believe that its financial position is likely to be materially adversely impaired such that its ability to pay for Services will be affected. Any information provided by the Retailer to the Distributor under this clause 6.6.10 will be Confidential Information. Public issuers and listed companies: For the purpose of clause 6.6.10, if the Retailer: is a “public issuer” for the purposes of the Securi...
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Examples of Additional security requirements in a sentence

  • Additional security requirements may be established in a Task Order and/or a Work Order.

  • Additional security requirements may be established in a Work Order.

  • Additional security requirements are further identified in bilateral program-specific security agreements, General Security of Military Information Agreements, and Industrial Security Arrangements.

  • Additional security requirements include but are not limited to the following: 1.

  • Additional security requirements shall be specified in times of increased threat (e.g., an increased FPCON level declared by the Head of the DoD Component).

  • Additional security requirements are added in chapter 6.1 of this ST, a rationale is given in chapter 6.3. All assignments and selections of the security functional requirements are done in the PP [5] and in this security target section 6.1.

  • Additional security requirements such as random and compulsory baggage checks may also be carried out.

  • Additional security requirements will apply for ACH originating customers as well as applicable fees.

  • The letter should: - instruct the member of staff to attend a formal hearing; - contain a written statement of the allegations against the member of staff; - contain details (including wherever possible copies) of any relevant documents to be submitted to the hearing in the presentation of the case; - advise the member of staff that the hearing forms part of the formal disciplinary procedures; - advise the member of staff of his rights of representation.

  • Additional security requirements are imposed based on the type of commercial cannabis activity being conducted.TaxationUnder MAUCRSA and the California Department of Tax and Fee Administration (the “CDTFA”) guidance, a 15% excise tax of the average market price and a 80% excise tax mark-up rate of gross receipt is imposed upon purchasers of cannabis sold in the state for any sale by a retailer or other operator.

Related to Additional security requirements

  • Additional Security has the meaning given in clause 10.6;

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:

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

  • Data Security Requirements means the following, in each case to the extent relating to any sensitive or confidential information, or any matters relating to data privacy, protection, or security or the access, collection, use, processing, storage, sharing, distribution, transfer, disclosure, destruction, or disposal of any personally identifiable information: (i) all applicable Laws and any related security breach notification requirements, (ii) the Conveyed Companies’ own respective rules, policies, and procedures, and (iii) Contracts to which the Conveyed Companies are bound.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • 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 Parties means any Additional Agents and any Additional Creditors.

  • National security means the national defense and foreign relations of the United States.

  • Privacy and Security Requirements means (a) all Privacy Laws; (b) all applicable Privacy Contracts, and (c) all applicable Privacy Policies.

  • 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.

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Privacy Requirements shall have the meaning set forth in Section 3.19.

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Mandatory Requirements means those requirements described herein, which shall be fully satisfied in order for any Proposal to be considered by the City as a qualified Proposal.

  • 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.

  • Liquidity Requirement shall have the meaning as set forth in Section 2.12(b).

  • Resource Adequacy Requirements has the meaning set forth in Section 3.3.

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • 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.

  • 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 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 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.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Perfection Requirements means the making or procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any Finance Document (and/or any Security created under it) necessary for the validity, enforceability (as against the relevant Obligor or any relevant third party) and/or perfection of that Finance Document.