Mandatory Security definition

Mandatory Security means a security that is a unit consisting of (a) a contract to purchase Capital Stock of the Borrower (whether expressed as a “purchase contract,” “forward contract” or otherwise) (the “Forward”) and (b) either (1) Indebtedness of the Borrower or a Subsidiary or (2) Preferred Stock of the Borrower (whether or not convertible into Capital Stock of the Borrower), where such Indebtedness or Preferred Stock is pledged by the holder of such unit to secure its obligations under the Forward.
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Mandatory Security. Renter must have security personnel at all times during an event where more than 150 people are invited, or any event where alcohol will be served or consumed. Security is required for the safety of his/her guests and the facility. The security fee is $35.00 per officer, per hour (4-hour minimum) paid directly to the officer before the commencement of the event. The officers are coordinated through the Precinct 2 Constables office and paid for by the Renter. Contact Constable Deputy Xxxxxxx Xxxxxx at 000-000-0000 directly. Security is required to be onsite at all times when guests are on the premises, and afterwards until the facility is secured and locked. WARNING: NON-PAYMENT OF SECURITY PRIOR TO THE START TIME WILL RESULT IN CANCELLATION OF THE RENTAL CONTRACT and STOPPING OF THE EVENT. Renter will protect, indemnify and hold the Knights of Columbus Council #10393 and the Highway Six Columbus Club, and their Officers, Agents and Members, harmless from and against all damages, liabilities, obligations, claims, damages, penalties, judgements, causes of action, costs and expenses (including without limitation, reasonable attorneys' fees and expenses) imposed upon or incurred by any claim arising out of an event where the facility is rented, by reason of (a) any accident, personal injury to and/or death of renters or any person, or loss of or damage to any property occurring on or about the facility, any common area of the facility or outside the facility resulting from any act or omission of renter or its employees, agents, representatives; or attendees (b) any failure on the part of renter or its employees, agents, representatives or attendees to perform or comply with any of the terms of this Agreement. In case any action, suit or proceeding is brought against Knights of Columbus Hall or its owners by reason of any such occurrence, renter will, at renter’s expense, using legal counsel, resist and defend such action, suit or proceeding, or cause the same to be resisted and defended. Any claim must be approved by Knights of Columbus #10393 and the Highway Six Columbus Club. I (We) hereby affirm that I (We) have read and understand the contents of this contract and fully agree to comply with said policies and requirements. Responsible Person (Please Print full name) Signature of Responsible person Date Time KC Representative Date Time (Place check mark on line to indicate you read and understand item.)
Sample 1
Mandatory Security means a security that is a unit consisting of (a) a contract to purchase Capital Stock of the Borrower (whether expressed as a “purchase contract,” “forward contract” or otherwise) (the “Forward”) and (b) either (1) Indebtedness of the Borrower or a Subsidiary or (2) Preferred Stock of the Borrower (whether or not convertible into Capital Stock of the Borrower), where such Indebtedness or Preferred Stock is pledged by the holder of such unit to secure its obligations under the Forward; provided that “Mandatory Security” shall exclude any Hybrid Security.
Sample 1

Examples of Mandatory Security in a sentence

  • Periodic Security Audits Backups Secured Off-site Rules of Behavior Role-Based Training Regular Monitoring of Users’ Security Practices Methods to Ensure Only Authorized Personnel Have Access to PII Encryption of Backups Containing Sensitive Data Mandatory Security, Privacy and Records Management Training Other.

  • The Contractor should allow at this point for the cost, if any, of compliance with the Mandatory Security Conditions, which form part of this specification.

  • The Technical Security Document and the Ohio Mandatory Security Measures Checklist are security records for official use only and are not subject to disclosure as a public record pursuant to R.C. 149.433.

  • If you are applying for the 1st time you are required to have a Mandatory Security Audit conducted on your business, once you have filled all details up to this point, please GO TO THE FINAL PAGE MARKED "Submit and Review".

  • NEW REQUIREMENTS As mentioned above, the Technical Security Document and Ohio Mandatory Security Measures Checklist accompanies this Directive and provides additional details regarding the requirements contained within this Directive.

  • For the avoidance of doubt, Section 2.11.2(a) shall not apply with respect to Mandatory Security Enhancements.

  • Mandatory Security is always expressed as a negative authority policy, and Discretionary Security may be expressed by a positive authority policy.

  • All items in the Technical Security Document and the Ohio Mandatory Security Measures Checklist are an extension of this Directive.

  • REDACTED 2 The Contractor should allow at this point for the cost, if any, of compliance with the Mandatory Security Conditions, which form part of this specification.

  • The end of the current five-year contract with our contractor expires in October.

Related to Mandatory Security

  • Mandatory Securities Depository means a foreign securities depository or clearing agency that, either as a legal or practical matter, must be used if the Fund determines to place Foreign Assets in a country outside the United States (i) because required by law or regulation; (ii) because securities cannot be withdrawn from such foreign securities depository or clearing agency; or (iii) because maintaining or effecting trades in securities outside the foreign securities depository or clearing agency is not consistent with prevailing or developing custodial or market practices.

  • Book-Entry Security means a security evidencing all or part of a series of Securities, issued to the Depositary for such series of Securities in accordance with Section 3.03, and bearing the legend prescribed in Section 3.03.

  • Treasury Security means the United States Treasury security that the Treasury Dealer determines would be appropriate to use, at the time of determination and in accordance with standard market practice, in pricing the Notes being redeemed in a tender offer based on a spread to United States Treasury yields.

  • Federal Book Entry Security means an obligation (i) issued by the U.S. Treasury, the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association, or any other direct obligation of, or obligation fully guaranteed as to timely payment of principal and interest by, the United States of America, that is a book-entry security held through the Federal Reserve System pursuant to federal book entry regulations, and (ii) the perfection of a security interest in which is governed pursuant to federal regulations by Article 8 of the UCC.

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity security.

  • Money Market Security shall be deemed to include, without limitation, certain Reverse Repurchase Agreements, debt obligations issued or guaranteed as to interest and principal by the government of the United States or agencies or instrumentalities thereof, any tax, bond or revenue anticipation note issued by any state or municipal government or public authority, commercial paper, certificates of deposit and bankers' acceptances, repurchase agreements with respect to the same and bank time deposits, where the purchase and sale of such securities normally requires settlement in federal funds on the same day as such purchase or sale.

  • 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;

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

  • Book-Entry Securities Securities maintained in the form of entries (including, without limitation, the Security Entitlements in such Securities) in the commercial book-entry system of the Fed and held for the Trustee, directly or indirectly, by any Trustee's Fed Member. Book-Entry Securities shall not include, in any event, any Certificated Security (or any Security Entitlement in any Certificated Security) held, directly or indirectly, through a Clearing Corporation.

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • New Security means the establishment of a position which is not currently held by a client portfolio on the day the position is established.

  • Subsidiary Securities means the shares of capital stock or the other equity interests issued by or equity participations in any Subsidiary, whether or not constituting a "security" under Article 8 of the Uniform Commercial Code as in effect in any jurisdiction.

  • SPECIAL NOTE State agencies may make purchases under this Requirements Contract up to $2500.00 using the state of Ohio payment card. Any purchase that exceeds $2500.00 will be made using the official state of Ohio purchase order (ADM- 0523). Any non-state agency, institution of higher education or Cooperative Purchasing member will use forms applicable to their respective agency.

  • Subsidiary Security Agreement means the Subsidiary Security Agreement executed and delivered by existing Subsidiary Guarantors and Administrative Agent on the Closing Date and to be executed and delivered by any additional Subsidiary Guarantors from time to time thereafter in accordance with subsection 6.8, substantially in the form of Exhibit XVII annexed hereto, as such Subsidiary Security Agreement may be amended, supplemented or otherwise modified from time to time.

  • Treasury Securities means U.S. Dollar-denominated, coupon-bearing, senior debt securities of the United States of America issued by the U.S. Treasury Department and backed by the full faith and credit of the United States of America.

  • Proposal Security means the proposal bond as described in Section 3.3 of Exhibit B to the ITP.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • of a debt security means the principal of the security plus, when appropriate, the premium, if any, on the security.

  • Equivalent Security means any Security issued by the same entity as the issuer of a subject Security, including options, rights, stock appreciation rights, warrants, preferred stock, restricted stock, phantom stock, bonds, and other obligations of that company or Security otherwise convertible into that Security. Options on Securities are included even if, technically, they are issued by the Options Clearing Corporation or a similar entity.

  • 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;

  • Agency Security means a mortgage-backed security issued by an Agency.

  • Component Security means with respect to an Index, each component security of that Index.

  • Permitted Security means any Security:

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.