Financing Security definition

Financing Security means (i) cash or (ii) a Letter of Credit for the time interval between the Effective Date and Financing in the amount set forth in Article 16.2 [Security].

Financing Security. Has the meaning given thereto in Section 6.3.

Financing Security. Has the meaning given thereto in the Sponsor Support Agreement. “Force Majeure Events” – Has the meaning given thereto in Section 23.1 of the Agreement.

Examples of Financing Security in a sentence

• The number of shares or units of Company Financing Securities issuable upon conversion of the Conversion Amount pursuant to Section 3(a)(ii) shall be determined by dividing (x) the Conversion Amount by (y) the price per share or unit of Company Financing Security sold in any Qualified Financing (the “Financing Conversion Rate”).

• Thereupon, there shall be issued and delivered to such holder the Qualified Financing Security, into which this Note surrendered was convertible on the date on which such conversion occurred.

• The number of Next Financing Securities into which a Purchaser’s Units may be exchanged shall be determined by dividing (a) the aggregate Per Unit Purchase Price at which the Units being exchanged were issued, by (b) the price per Next Financing Security at which such securities were issued in the Next Financing.

• At any time when requested by Xxxxxx, Lessee will provide evidence to Lessor’s reasonable satisfaction (including the provision, if required, to Lessor of one of more legal opinions) that title has so passed to Lessor and is subject to the Security Interest created by any Financing Security Document.

• As of the Signing Date and as of the Closing Date, MIG and EMP each has and will have good, valid and marketable title to the MIG EMP Shares and the Belgian Shares, respectively, free and clear of all encumbrances, except for the Financing Security (which will be released as of the Closing Date as contemplated by the terms of this Agreement).

• The appointment of the special envoys and reasons for their resignation are discussed next.

• N.2 -- Financing: Security Position The Owner Occupied Housing Rehabilitation Program will not require a first-position security interest for Deferred Loan financing.

• Borrower will pay all taxes (other than taxes based upon income) and other governmental charges that may be imposed with respect to the issue or delivery of the Note or any equity security (including for this purpose, any Qualified Financing Security or Other Financing Security) to Holder.

• Lessor’s obligations to perform the terms and conditions of this Agreement shall remain in full force and effect notwithstanding the creation of any Financing Security Document or head lease.

• Upon payment of the Initial Purchase Price, the Seller shall transfer to the Purchaser good, valid and marketable title to the Sold Shares, free and clear of all encumbrances, except for the Financing Security (which will be released as of the Closing Date as contemplated by the terms of this Agreement).

More Definitions of Financing Security

Financing Security means Subscription Receipts, the Convertible Debentures underlying the Subscription Receipts, and the Resulting Issuer Shares and Warrants receivable upon conversion of the Convertible Debentures.

Financing Security means a mortgage, charge, pledge, lien or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect;

Financing Security means any and all Encumbrances granted under or in connection with the Financing Documents that affect the Membership Interests or any property or assets of the Company;