Retained Security definition

Retained Security means the Security relating to the EPCI HK Group and the EPCI Singapore Group which, pursuant to the Buyer’s request, will not be released by the Lenders upon Completion;

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Retained Security and the provisions set forth in sub-clause (b) hereof shall apply with full force and effect to all such Retained Securities.

Retained Security has the meaning set forth in the definition of Collateral Debt Security; provided that, for the avoidance of doubt, NewStar shall be responsible for and assume all Retained Securities.

Examples of Retained Security in a sentence

DB Contractor shall have the option at any time to deliver an irrevocable letter of credit equal to the Retained Security Amount in lieu of the retained sums in a form and on terms acceptable to TxDOT in its sole discretion.
TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon the provision of the Maintenance Security required under Section 3.2 of the CMA General Conditions, which shall be no later than 14 days prior to the Initial Maintenance Term Commencement Date.
TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon the provision of the Maintenance Security required under Section 3.2 of the CMA General Conditions, which shall be no later than 120 days prior to the Initial Maintenance Term Commencement Date.
The Seller or the Servicer on its behalf shall establish, on or before the date any Rated Retained Security becomes a part of the Collateral, an account with the Securities Intermediary to which financial assets may be credited (the “Securities Account”) pursuant to Section 8.11.
DB Contractor shall have the option at any time to deliver an irrevocable letter of credit equal to the Retained Security Amount in lieu of the retained sums in a form and on terms acceptable to TxDOT in its discretion.
Any deficiencies in Sublessee’s Proportionate Share which were not paid by Sublessee during the year of termination may be deducted from the Retained Security Deposit and the remainder will be returned to the Sublessee.
TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon the provision of the Maintenance Security required under Section 3.3 of the CMA General Conditions, which shall be no later than 120 days prior to the Initial Maintenance Term Commencement Date.
TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon (a) the provision of the Maintenance Security required under Section 7 of the CMA within 60 days after TxDOT’s issuance of Maintenance NTP1, or (b) the election of TxDOT not to issue Maintenance NTP1 within 180 days after Final Acceptance.
Following the sale of the last Meditrust Carolina Facility, any Retained Security Deposit not applied to the payment of the Minimum Residence Price shall be promptly returned to Tenant.
Within 14 days after Completion, the Seller shall (at its own cost) make, and shall procure that each Business Seller shall make, such filings with the Registrar of Companies of Hong Kong and each such other Government Authority as may be necessary to effect and/or to record the discharge and release of the Security other than the Retained Security.

More Definitions of Retained Security

Retained Security means those securities issued under Securitizations sponsored by the Borrower, or any Subsidiary thereof, that are then held by the Borrower or any consolidated Subsidiary.

Retained Security has the meaning set forth in Section 5.3(b).