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Primary Security definition

Primary Security means the following forms of security:
Primary Security has the meaning contained in Section 3.3(a)(v)(5).
Primary Security shall have the meaning set forth in Section 3(b)(iv).

Examples of Primary Security in a sentence

  • The Authorized User must include: • the Data categorization elements (not actual Data); • the overall risk determination; and • applicable statutory requirements (See Contract Appendix F – Primary Security and Privacy Mandates).

  • The Authorized User must include: • the Data Categorization elements (not actual Data); • the overall risk determination; and • applicable statutory requirements (See Contract Appendix F – Primary Security and Privacy Mandates).

  • It is strongly recommended that two Primary Security Contacts (PSC) are set up as a minimum.

  • For additional information see Appendix D – Primary Security and Privacy Mandates.

  • Type of FacilitiesAmountPurpose for whichRequiredDetails of Primary Security Offered(with approx.


More Definitions of Primary Security

Primary Security means any of the following forms of security:
Primary Security has the meaning ascribed to it in clause 16.
Primary Security has the meaning ascribed to it in clause 15.5. Rectification Notice has the meaning ascribed to it in clause 7.2.
Primary Security means the security (whether in the form of Common Stock or a Common Stock Equivalent) to which the largest percentage of the purchase price for the Combined Securities is allocated for income tax purposes by the Company.
Primary Security means the assets created such as land, building and plant & machinery purchased out of the loan / credit facility availed by the borrower / loanee from KSIIDC. This is directly associated with the project or business of the borrower / loanee and which is mortgaged / hypothecated to KSIIDC to secure the repayment of the loan with interest as evidenced in the loan agreement and other documents executed between the borrower / loanee and KSIIDC.
Primary Security means the Zerand Holdback and the collateral covered by the Walnut Mortgage and the SSMI Pledge.
Primary Security shall have the meaning set forth in Section 7(e)(iv). “Purchase Agreement” means the Securities Purchase Agreement, dated as of March 29, 2023, among the Corporation and the original Holders, as amended, modified or supplemented from time to time in accordance with its terms. “Purchase Price” means, as to each Holder, the aggregate dollar amount to be paid for the Series A Preferred Stock pursuant to the Purchase Agreement. “Redemption” means any of or collectively all of an Accelerated Redemption, Monthly Mandatory Redemption, Triggering Event Redemption, Triggered Optional Redemption, Change of Control Redemption “Redemption Price” means any of the Corporation’s Mandatory Redemption Price, Triggering Event Redemption Price and the Change of Control Redemption Price, as applicable.