Security Arrangement definition

Security Arrangement means an unconditional and irrevocable obligation of the Authority which (i) qualifies as a Cash Equivalent under the General Resolution, (ii) guarantees certain payments into the Capital Reserve Fund with respect to the Bonds as provided therein and subject to the limitations set forth therein, and (iii) is not subject to cancellation unless such cancellation would not cause the then-existing rating on the Bonds to be lowered or withdrawn.
Security Arrangement means any security agreement or
Security Arrangement means a Letter of Credit, Insurance Policy, Surety, Guarantee or other Security Arrangement (as defined and provided for in a Series Resolution providing for the issuance of Bonds rated by Moody’s or in a Supplemental Resolution), provided by an institution which has received a rating of its claims paying ability from Moody’s at least equal to the then existing rating on the Bonds or whose unsecured debt securities are rated at least the then existing rating on the Bonds (or the highest rating of short- term obligations if the Security Arrangement is a short-term instrument) by Moody’s.

Examples of Security Arrangement in a sentence

  • The Trustee may terminate any Advance Security Arrangement established by it only if and when (i) the existence of such Advance Security Arrangement is no longer necessary for the Trustee to satisfy the eligibility requirements of Section 8.06 or (ii) when such Trustee resigns or is removed as Trustee hereunder.

  • Before the transaction was approved by CFIUS, however, Alcatel-Lucent was required to agree to a national security arrangement, known as a Special Security Arrangement, or SSA, that restricts Alcatel’s access to sensitive work done by Lucent’s research arm, Bell Labs, and the communications infrastructure in the United States.

  • Words and expressions defined in the Security Arrangement Agreement have the same meanings when used in this Deed.

  • This provision shall not be construed to limit the Borough’s right to payment from the Entity, nor shall the priority of such payments be affected by the Secured Party exercising its rights under any applicable Security Arrangement.

  • However, in the event that the proceeds raised from the disposal of the Charged Assets under the Proposed Security Arrangement is less than the book value of the Charged Assets, the Company may recognise a loss on disposal.


More Definitions of Security Arrangement

Security Arrangement shall have the meaning given to it under the recitals of the Note Subscription Agreement.
Security Arrangement means a technology control plan, special security arrangement, voting trust arrangement, proxy arrangement or similar agreement or arrangement with respect to any assets, personnel or operations of the Company or any of its Subsidiaries or any securities of any Subsidiary of the Company in connection with approvals by the DoD, CFIUS or other Governmental Entity (including in respect of acquisitions of U.S. government contractors handling classified information and related material).
Security Arrangement shall have the meaning set forth in Section 5.4(e) of the Agreement.
Security Arrangement means an arrangement under which the covered service provider under resolution and/or any other party or parties to the arrangement, acquires, by way of security, an actual or contingent interest in the assets or property of another;
Security Arrangement means an arrangement under which a person
Security Arrangement means an arrangement under which a person has, by way of security, an actual or contingent interest in the assets or rights that are subject to transfer, irrespective of whether that interest is secured by specific assets or rights or by way of a floating charge or similar interest;
Security Arrangement. It is the policy of Xxxxxxx Xxxxxxxx to obtain security in the form of your credit card authorization to conveniently pay for possible charges that will not be covered by your insurance carrier. These possible charges include unanticipated missed appointments, late cancellations, charges for insufficient funds for checks or credit card payments, unmet deductibles, and insurance company UCR discrepancies from the actual fees. Regular co-payments will be made at each session and you will be able to choose your method of payment for those. All credit card information will be stored securely and confidentially. Full Name on card (print): Card #: CVV: Billing Address Email Address (for receipt only): Expiration date: Circle: VISA or MASTERCARD By signing below, I am indicating that I agree to the above. I also attest that with this financial service contract, I have been given a copy of “Notice of Policies and Practices to Protect Privacy of your Health Information” as is required by law. Patient Signature or Responsible Party (if not patient) and Date