Direct Security definition

Direct Security means the following security to be delivered by each Wholly-Owned Subsidiary of the Canadian Borrower (other than the Excluded Subsidiaries and Unrestricted Entities), in each case in form and substance satisfactory to the Agent:
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Direct Security means each of (i) a Subsidiary Guarantee, (ii) a Pledge Agreement, Partnership Interest Pledge Agreement or Stock Pledge Agreement (or the like, as the case may be), an Assignment Agreement (Call Option Rights) and a Minority Shareholders’ Acknowledgement Agreement (Call Option Rights), in the case of each of the documents in this clause (ii) in substantially the form of the equivalent Security Documents bearing the same names set forth in Schedule 5.21 and delivered on and after April 1, 2005 through the date of Closing (as such Security Documents may have been amended or otherwise modified, including without limitation, as may have been amended and/or modified by the Omnibus Amendment Agreements as of the date hereof), and (iii) each other document constituting Direct Security delivered to the Banks from time to time after the Closing pursuant to the Credit Agreement or to the Collateral Agent for the benefit of the 2003 Noteholders, the 2005 Noteholders and the holders of the Notes from time to time after the Closing pursuant to the Note Agreements and this Agreement.
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Direct Security means the Security designated as Direct Security in Schedule "C".
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Examples of Direct Security in a sentence

  • For ii), there are only two PC5-S signalling (Direct Securit Mode Command and Direct Security Mode Complete), therefore, PC5-S message type itself can identify the PC5-S msg is for ii), which does not need an explicit indication.

  • Direct Security Marketing Limited has been fined £70,000 for making thousands of nuisance phone calls, marketing burglar alarms, in the middle of the night.

  • Funds must be registered with the Securities and Exchange Commission and invest in assets authorized under this policy.i.k. Direct Security Repurchase Agreements.

  • Inheritance can take place between a class and its subclasses.• Security Policies – contain security templates which automatically apply security to documents, folder, etc.• Direct Security – directly apply the security on the object.

  • Any underwriter shall be or be represented by a Direct Security Depositor having a securities management service contracted with Deceval.

  • We prosecuted Direct Security Marketing Limited and its Director, Mr Anthony Pardo for similar offences; in total the parties were fined£1,184, received court charges of £360, costs of £621.86, and victim surcharges of £118.

  • MOTION # by Councilman Donald Butcher, second by Councilman Gerald Klinck, approving the installation of addition security system with Direct Security at cost of$3699.00 with a monthly monitoring of $30.00.

  • Direct Security to perform the following:F17.1 If necessary, open and man the secondary guard station (if radiological conditions allow).

  • It shall neither be liable for omissions or errors in the information that the Issuer, or the Direct Security Depositors, provide resulting from the issue orders, subscriptions, transferences, encumbrances or attachments of the incorporated interests.

  • As of the date below I had a direct or indirect Beneficial Ownership in the following securities: _____ AS REPORTED ON THE ATTACHED STATEMENT(S) AND/OR: _____ AS INDICATED BELOW: No. of Principal Broker/ Type of Interest (Direct Security Shares Amount Dealer / Indirect) -------- ------ --------- ------- ------------------------ Date:_________________ Signature:__________________________ Print Name:_________________________ 31 Vontobel Asset Management, Inc.


More Definitions of Direct Security

Direct Security means each of the following security to be delivered by the Company and each Guarantor, as applicable (other than the Unrestricted Entities), in each case in form and substance satisfactory to the Required Holders:
Sample 1
Direct Security means each of (i) a Subsidiary Guarantee, (ii) a Pledge Agreement or Stock Pledge Agreement, an Assignment Agreement (Call Option Rights) and a Minority Shareholders’ Acknowledgement Agreement (Call Option Rights), in the case of each of the documents in this clause (ii) in substantially the form of the equivalent Security Documents bearing the same names set forth in Schedule 5.21 and delivered on the date of the Closing (provided that no Minority Shareholders’ Acknowledgement Agreement shall be required in respect of CMN Holdco Inc. and its Subsidiaries unless and until such time as the Banks shall have the benefit of such a Minority Shareholder Acknowledgement Agreement) and (iii) each other document constituting Direct Security delivered to the Banks from time to time after the Closing pursuant to the Credit Agreement or to the Collateral Agent for the benefit of the 2001 Noteholders, the 2003 Noteholders and the holders of the Notes from time to time after the Closing pursuant to the Note Agreements and this Agreement.
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Related to Direct Security

  • Contract Security means any security given by the Contractor to the NCC in accordance with the Contract;

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

  • Subject Securities means: (i) all securities of the Company (including all shares of Company Common Stock and all options, warrants and other rights to acquire shares of Company Common Stock) Owned by Stockholder as of the date of this Agreement; and (ii) all additional securities of the Company (including all additional shares of Company Common Stock and all additional options, warrants and other rights to acquire shares of Company Common Stock) of which Stockholder acquires Ownership during the period from the date of this Agreement through the Expiration Date.

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Contract Securities means the Offered Securities, if any, to be purchased pursuant to the delayed delivery contracts referred to below.

  • Direct Selling means marketing, distribution and sale of goods or providing of services through a network of direct sellers.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • New Security means the establishment of a position which is not currently held by a client portfolio on the day the position is established.

  • Cyber Security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity security.

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Direct service means services involving face-to-face assistance to a consumer such as transporting a consumer or providing therapy.

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Direct seller means a person selling consumer products to individuals for personal or household use and not from a fixed retail location, including selling such product at in-home product demonstrations, parties, and other one-on-one selling.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Book-Entry Security means a security evidencing all or part of a series of Securities, issued to the Depositary for such series of Securities in accordance with Section 3.03, and bearing the legend prescribed in Section 3.03.

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Other Security means any security acceptable to the commissioner other than security meeting the definition of Primary Security.

  • Permitted Security means any Security:

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having an actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • participating security means a security title to units of which is permitted by an operator to be transferred by means of a relevant system;

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.