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

Quasi-Security has the meaning given to that term in Clause 21.9 (Negative pledge).

Quasi-Security means a transaction under which any member of the Group will:

Examples of Quasi-Security in a sentence

No Security or Quasi-Security exists over all or any of the present or future assets of any member of the Group other than as permitted by this Agreement.
A transaction referred to in this paragraph (c) is termed Quasi-Security.
In this Clause, Quasi-Security means an arrangement or transaction described in paragraph (b) below.
The Chargor undertakes that it shall not, at any time during the subsistence of this Debenture, create or permit to subsist any Security or Quasi-Security over all or any part of the Charged Property, except (only in the case of any asset that does not constitute Fixed Charge Property or any part thereof) Permitted Security.
Except for any Permitted Security or any Permitted Transaction, the Borrower may not (and shall ensure that no other member of the Group will) create or allow to exist any Security or Quasi-Security on any of its assets.

More Definitions of Quasi-Security

Quasi-Security means a transaction described in paragraph (b) below. Except as permitted under paragraph (c) below:

Quasi-Security means an arrangement or transaction described in clause 28.1.4.

Quasi-Security means an arrangement or transaction described in Clause 22.9.2. Except as permitted under Clause 22.9.3:

Quasi-Security means an arrangement or transaction in which the Issuer or any Subsidiary:

Quasi-Security has the meaning assigned to such term in Section 5.13.

Quasi-Security means a transaction described in paragraph (b) below.

Quasi-Security means an arrangement or transaction in which the Borrower or any Subsidiary: