Examples of Initial Security in a sentence
Initial Security Deposit for the work shall be @ 2% of contract price.
Out of this 2% of contract value is in the form of Initial Security Deposit (ISD) which includes the EMD.
Any certificated Initial Security in the form of a Definitive Security delivered in exchange for an interest in the Global Security shall, except as otherwise provided by Section 2.3(e), bear the Restricted Securities Legend.
The Initial Security Deposit will have to be paid and also work should be started within two weeks from the date of work order failing which the Owner at his discretion may revoke the acceptance and forfeit the Earnest Money Deposit furnished along with the Tender.
Out of this NIL of contract value is in the form of Initial Security Deposit (ISD) which includes the EMD.