Interim Security definition

Interim Security means a security issued to represent the options of an elective event. "Issuing company or Issuer" shall mean the company issuing the relevant stock.
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Interim Security means a security issued to represent the options of an elective event.
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Interim Security means the Security Interests created or expressed to be created in favour of the Interim Security Agent pursuant to the Interim Security Documents.
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Examples of Interim Security in a sentence

  • An English law enforceability legal opinion of Xxxxx & Xxxxx LLP, legal advisers to the Original Interim Lenders, addressed to the Interim Facility Agent, the Interim Security Agent and the relevant Original Interim Lenders.

  • Unless expressly provided to the contrary, the Interim Security Agent shall hold any Interim Security, to the extent legally possible, on trust for the Interim Finance Parties on the terms contained in this Agreement and in accordance with applicable law, and will apply all payments and other benefits received by it under the Interim Security Documents in accordance with the Interim Documents.

  • Each Interim Finance Party confirms its approval of each Interim Security Document and authorises and directs the Interim Security Agent (by itself or by such person(s) as it may nominate) to execute and enforce the same as agent or as otherwise provided (and whether or not expressly in the names of the Interim Finance Parties) on its behalf.

  • If there is any conflict between the provisions of this Agreement and any Interim Security Document with regard to instructions to or other matters affecting the Interim Security Agent, this Agreement will prevail to the extent possible under applicable law.

  • Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional advisor to the Interim Security Agent to retain any of those documents in its possession.

  • Each of the Parties agrees that the Interim Security Agent shall have only those duties, obligations and responsibilities expressly specified in this Agreement or in the Interim Security Documents (and no others shall be implied).

  • The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which security is intended to be created by an Interim Security Document.

  • If for any reason the trusts expressed to be created in this Clause should fail or be unenforceable, the affected person shall promptly pay an amount equal to the relevant receipt or recovery to the Interim Security Agent to be held on trust by the Interim Security Agent for application in accordance with Clause 15.9 (Enforcement of Interim Security Documents).


More Definitions of Interim Security

Interim Security means the security granted by Highrose Limited to the Syndicate Banks and Informal Committee of Bondholders over certain cash assets of the Group on 13 September 2002;
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Interim Security the sentence beginning with "The return to plc unsecured creditors" and ending with "less than 1 per cent.". - part IV, Appendix 20: Litigation, under the sub-heading "Claims against the plc Group":
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Interim Security in Article 10 of the Purchase Agreement shall be amended by deleting the reference therein to “Section 2.4(g)” and substituting therefor “Section 2.4(g)(i)”.
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Interim Security is defined in Section 2.4(g).
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Related to Interim Security

  • System Security means the secure state of the Grid achieved when the System Operator acts in accordance with its principal performance obligations in relation to common quality and dispatch that are set out in Part 7 of the Code;

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Tender Security means the security required to be submitted by the Tenderer with its Tender Offer.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents.

  • Information Security shall have the same meanings as the terms “information technology” and “information security”, respectively, in §24-37.5-102, C.R.S. Capitalized terms used herein and not otherwise defined herein or in the HIPAA Rules shall have the meanings ascribed to them in the Contract.

  • Mortgage-related security means an obligation that is rated AA or higher (or the equivalent) by a securities rating agency recognized by the Securities Valuation Office of the NAIC and that either:

  • Cyber security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Permitted Security means any Security:

  • German Security means the assets which are the subject of a security document which is governed by German law.

  • Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Related Security means, with respect to any Receivable:

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;