First Security means First Security Bank, National Association, a national banking association, not in its capacity as Owner Trustee under the Trust Agreement, but in its individual capacity.
First Security shall have the meaning assigned thereto in Subsection 9.1(h) hereof;
First Security. We”, “us” and “our” means FIRST Security Guard Services Limited and includes its officers, employees, contractors, agents, successors and assignees where appropriate.
Examples of First Security in a sentence
In 1908, to reinvest the large annual dividends from their First National Bank of New York stock, Baker and Morgan set up a holding company, First Security Corporation, which bought 500 shares of the First National Bank of Minneapolis.
First Security concentrated on bank stocks which rapidly appreciated in value, and paid handsome annual dividends.
First Security Corporation also owned 50,000 shares of Chase National Bank, 5400 shares of National Bank of Commerce, 2500 shares of Bankers Trust, 928 shares of Liberty National Bank, the bank of which Henry P.
Guaranty dated as of October 14, 1998 from Capital One Bank in favor of First Security Bank, N.A., as owner trustee for the COB Real Estate Trust 1995-1, First Union National Bank, as indenture trustee, Lawyers Title Realty Services, Inc., as deed of trust trustee, and the Note Purchasers, Registered Owners and LC Issuer referred to therein (incorporated by reference to Exhibit 10.17.2 of the 1998 Form 10-K).
Inc.) dated as of September 3, 1999 between First Security Bank, N.A. as owner trustee for Capital One Realty Trust 1998-1, as lessor, and Capital One Realty, Inc.
More Definitions of First Security
First Security means (i) the first preferred Liberian mortgage over the Vessel in favour of the First Mortgagee and (ii) the first priority assignment of the earnings, insurance and requisition compensation relating to the Vessel in favour of the First Mortgagee. “Intercreditor Deed” means the intercreditor deed between the First Mortgagee and the Builder under which the Post Delivery Instalment shall rank behind the claims of the First Mortgagee under the First Loan entered into or to be entered into between (inter alia) the First Mortgagee and the Buyer providing (inter alia) for the First Security. “Letter of Guarantee” has the meaning given in Clause 3.2. “Mortgage” has the meaning given in Clause 3.3. “Post Delivery Instalment” has the meaning given in Clause 2.1. “Post Delivery Instalment Due Date” has the meaning given in Clause 2.3. “Promissory Note” has the meaning given in Clause 3.1. “Second Security” means the Mortgage, the Assignment and the Time Charter Assignment. “Tax” means any tax (other than tax on the overall income of the Builder, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same). “Tax Deduction” means a deduction or withholding for or on account of Tax from a payment under a Transaction Document except for those imposed in Korea upon the payment of the Post Delivery Instalment. “Time Charterer” means Hyundai Merchant Marine Co., Ltd of Korea. “Time Charter” means the time charter dated 18 October 2007 as amended by addendum no. 1 and addendum no. 2 between the Buyer and the Time Charterer. “Time Charter Assignment” has the meaning given in clause 3.5 “Total Loss” means: (a) actual, constructive, compromised, agreed or arranged total loss of the Vessel; (b) requisition for title or other compulsory acquisition of the Vessel otherwise than by requisition for hire; (c) capture, seizure, arrest, detention, or confiscation of the Vessel by any person, governmental authority or government or by persons acting or purporting to act on behalf of any government or any other person which deprives the Buyer of the use of the Vessel for 90 days or more after that occurrence; and (d) requisition for hire of the Vessel by any government or by persons acting or purporting to act on behalf of any government which deprives the Buyer of the use of the Vessel for a period of 90 days or more. “Transaction Documents” means the Contr...
First Security as defined in Section 3.1 of the Participation Agreement.
First Security means any Security Interest granted, or purported to be granted, by the Operator (whether before or after the date of this Agreement) in favour of the Financier.
First Security are parties to a Credit Agreement dated as of July 24, 1995, pursuant to which the Lender and First Security agreed to make loans and other financial accommodations available to the Borrower (the "Original Credit Agreement"). The parties hereto and First Security have agreed to terminate the Original Credit Agreement and the Lender has agreed to redocument the credit facilities provided by the Original Credit Agreement in the name of the Lender with the Administrative Agent, First Security and, possibly, other lenders purchasing participations in the loans and other financial accommodations provided by the Lender.
First Security means any Security Interest described in the First Security Agreements, to the extent it relates to the Export Proceeds.
First Security means any Security Interest described in the First Security Agreements, to the extent it relates to the Export Proceeds. "First Security Agreements" means the security agreements listed in Schedule 2 (Security Agreements) as the first security agreements. "Holding Company" means, in relation to a person, any other person in respect of which it is a Subsidiary. "Liability" means any present or future liability (actual or contingent) whether or not matured or liquidated, together with: