Initial Security definition

Initial Security means a letter of credit or bank guarantee:
Initial Security or "Initial Securities" means any Security or Securities issued on the date of the Indenture.
Initial Security has the meaning set forth in Section 6.10.

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.


More Definitions of Initial Security

Initial Security means the CWC Holdings Share Charge, the CWC Holdings Intra-Group Loan Assignment, the Original Borrower Intra-Group Loan Assignment, the NTL Intra-Group Loan Assignment, the NTL Security Over Cash Agreement and the Original Borrower Security Over Cash Agreement.
Initial Security means the amount of Completion and Performance Security specified for each type of Facility in Exhibit A to the FIT Contract and which is required to be provided to the OPA upon execution of the FIT Contract in accordance with the instructions in the Offer Notice.
Initial Security or "Initial Securities" has the meaning specified in the first recital to this Indenture.
Initial Security. Deposit: None
Initial Security. Initial Security LLC, a Nevada limited liability company.
Initial Security has the meaning ascribed to it in the Recitals to this Agreement.
Initial Security has the meaning assigned to it in the preamble to this Indenture.