General Security definition

General Security or under any other credit, loan or security agreement to which the Borrower and/or any guarantor is a party;

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General Security entitlement means an entitlement under the Water Act 1912 which contains a condition specifying that an amount of water taken under the licence is “low security”.

General Security means a general security over the assets of the Company given under a General Security Agreement in the Auckland District Law Society’s standard form.

Examples of General Security in a sentence

• Capitalized terms not otherwise defined herein have the meanings set forth in the General Security Agreement.

• Loan Agreement, dated as of July 26, 2007 (as amended, modified or supplemented from time to time, the “Loan Agreement”), General Security Agreement, dated July 26, 2007 as amended, modified or supplemented from time to time, and Promissory Note, dated July 26, 2007 as amended, modified or supplemented from time to time.

• Upon the occurrence of any Event of Default or upon any termination of this Agreement, then Lender shall have, in addition to all of its other rights under this Agreement all of the rights and remedies provided in the General Security Agreement.

• Obligor(s) has/have executed this Continuing General Security Agreement.

• The General Security Agreement (and all rights and remedies of the Collateral Agent thereunder) shall remain in full force and effect in accordance with its terms.

More Definitions of General Security

General Security on page 7 of the Commitment Letter shall secure Credit no.: 01 under the Commitment Letter (being the non-revolving credit (the "Non-Revolving Credit") in the principal amount of $20,000,000) and not Credit nos.: 02 and 03 (being the standby letters of credit facilities and herein referred to as the "Letter of Credit Facilities"). The Letter of Credit Facilities shall be secured only by the Specific Security (the "L/C Specific Security") referred to on pages 5 and 6 of the Commitment Letter, respectively, and the General Security shall not attach to the cash collateral which forms part of the L/C Specific Security.

General Security means each and every Security Interest conferred by the Security Documents other than the Asset Option Security, CTA Bond Security and the Revenue Security.

General Security or under any other credit, loan or security agreement to which the Borrower is a party which shall have continued for a period of 10 days after written notice thereof has been provided to the Borrower and MDS Inc.;

General Security means an unconditional undertaking for $400,000 as at the date of this Agreement adjusted annually in accordance with clause 24.3.

General Security. You understand the importance of your role in preventing misuse of your account(s) and you agree to promptly examine your eStatement as soon as you receive it. You agree to protect the confidentiality of your account(s) and account numbers, and your personal identification information. If you suspect that your security code has been compromised, you agree to access the system and change it, or contact us as soon as possible. Password Security: For security reasons, we will require the use of an individualized password to gain access to your account statement(s) through eStatements. Your password requirements are:

General Security. Where applicable, the General Security Agreement to be executed by the Borrower in relation to the Trade Financing Facilities granted to the Borrower by the Bank herein upon terms and conditions contained therein acceptable to the Bank and referred to in Section 5.01 hereof.

General Security or under any other credit, loan or security agreement to which the Borrower is a party; (iv) any bankruptcy, re-organization, compromise, arrangement, insolvency or liquidation proceedings or other proceedings for the relief of debtors are instituted by or against the Borrower or Wyan▇ ▇▇▇poration and, if instituted against the Borrower or Wyan▇ ▇▇▇poration, are allowed against or consented to by the Borrower or Wyan▇ ▇▇▇poration or are not dismissed or stayed within 60 days after such institution; (v) a receiver is appointed over any property of the Borrower or Wyan▇ ▇▇▇poration or any judgement or order or any process of any court becomes enforceable against the Borrower or Wyan▇ Corporation or any property of the Borrower or Wyan▇ ▇▇▇poration or any creditor takes possession of any property of the Borrower or Wyan▇ ▇▇▇poration;