Security Conditions means, with respect to a proposed Authorised Participant and aCommodity Contract Counterparty, that (a) each Required Security Document with respect to the relevant Authorised Participant Agreement and Commodity Contract Counterparty has been duly executed by the Issuer, (b) notice (duly executed by the Issuer) of each such Required Security Document has been duly given by the Issuer to such proposed Authorised Participant and (c) such proposed Authorised Participant has executed an acknowledgement of such notice in favour of the relevant Commodity Contract Counterparty
Examples of Security Conditions in a sentence
The date upon which Agent determines that the Release of Security Conditions have been satisfied by Borrower.
This notice period shall not apply to modifications or new installations made to resolve or prevent pending Emergency or Network Security Conditions.
The Collateral Agent shall, at the request of the Company and after the Agent has confirmed to the Collateral Agent that a Positive Security Event has occurred and all Positive Security Conditions are satisfied, execute and deliver such UCC-3 financing statements as may be required to evidence the abatement of any security interest that shall previously have been perfected by means of the filing of financing statements.
The date upon which Agent determines that the Release of Security Conditions have been satisfied by Borrower; provided, however, that in no event will the Release of Security Date occur on or before April 27, 2019.
If any of the Positive Security Conditions shall cease to exist at any time after a Positive Security Event, such occurrence shall constitute a Negative Security Event.
More Definitions of Security Conditions
Security Conditions has the meaning specified in the definition of “Permitted Investments”.
Security Conditions means, collectively and not individually, (i) a full and irrevocable written release of all security interest(s) in the
Security Conditions means, collectively and not individually, (i) a full and irrevocable written release of all security interest(s) in the Merchandise and Proceeds (and in the depository accounts in which Proceeds of the Merchandise relating to an applicable Store are deposited) by the holder(s) of such security interest(s) in form and substance satisfactory to the Agent in its commercially reasonable discretion, and, concurrently, (ii) the grant by Merchant to Agent in writing of a first priority security interest in the Merchandise and Proceeds pursuant to an instrument in substantially the form attached hereto as Exhibit 16(b).
Security Conditions means, with respect to a proposed Authorised Participant and a Commodity Contract Counterparty, that (a) each Required Security Document with respect to the relevant Authorised Participant Agreement and Commodity Contract Counterparty has been duly executed by the Issuer, (b) notice (duly executed by the Issuer) of each such Required Security Document has been duly given by the Issuer to such proposed Authorised Participant and (c) such proposed Authorised Participant has executed an acknowledgement of such notice in favour of the relevant Commodity Contract Counterparty“Security Deed”means in respect of each Pool and the corresponding class of Commodity Contracts, the security deed pertaining to that Pool entered into between the Issuer and the Trustee“Security Holder”means a registered holder of Micro or Commodity Securities“Services Agreement”means the Services Agreement dated 14 December 2012 between ManJer and the Issuer providing for certain services to be provided by ManJer to the Issuer in relation to Micro and Commodity Securities“Settlement Foreign Exchange Rate”in respect of a class of Euro Commodity Contracts and any day, means the WM/Refinitiv Rate for that day, provided that if for any reason such WM/Refinitiv Rate is not available, the Settlement Foreign Exchange Rate for that class and that day shall be the rate determined by the Calculation Agent for the purposes of the Faciltiy Agreements“Settlement Price”means, in relation to any Pricing Day and a futures contract traded on a Relevant Exchange, the official settlement price of the Relevant Exchange for such day in relation to such futures contract as determined in accordance with the regulations of the Relevant Exchange“Settlement Pricing”has the meaning given in Condition 8.1(a)“SettlementRedemption Form”means a notice in the form prescribed from time to time by the Issuer for requesting Redemption of Micro and Commodity Securities using Settlement Pricing“Short and Leveraged Commodity Contracts”has the meaning given to “Commodity Contracts” in the conditions of the Short and Leveraged Commodity Securities“Short and Leveraged Commodity Securities”means the securities of the Issuer known as Short and Leveraged Commodity Securities constituted by the Short and Leveraged Trust Instrument as more fully described in the base prospectus of the Issuer dated 10 November 2022 and as amended and updated from time to time“Short and Leveraged Facility Agreement”means the agreements entitled “Facili...
Security Conditions means, with respect to a proposed Authorised Participant and a Metal Agent, to the extent required pursuant to the Metal Agent Agreement to which that Metal Agent is a party, that (a) each Required Security Document with respect to the relevant Authorised Participant Agreement and Metal Agent has been duly executed by the Issuer, (b) notice (duly executed by the Issuer) of each such Required Security Document has been duly given by the Issuer to such proposed Authorised Participant and (c) such proposed Authorised Participant has executed an acknowledgement of such notice in favour of the Metal Agent;
Security Conditions means, with respect to a proposed Authorized Participant (other than the Counterparty in circumstances where the Counterparty has entered into or is proposing to enter into an Authorized Participant Agreement with the Fund in relation to Commodity Securities), that (a) each Required Security Document with respect to the relevant Applicable Authorized Participant Agreement has been duly executed by the Fund, (b) notice (duly executed by the Fund) of each such Required Security Document has been duly given by the Fund to such proposed Authorized Participant and (c) such proposed Authorized Participant has executed an acknowledgement of such notice in favor of the Counterparty;
Security Conditions the APSEZ Group Entity shall: