Security Cover has the meaning given to it in Clause 6.3;
Security Cover means security cover (if any) provided by the User to SONI under Clause 6 of this Agreement;
Security Cover has the meaning given to that term in Section 1.1 of Schedule 11;
Examples of Security Cover in a sentence
The Company is permitted to securitize its receivables, including the receivables that form the part of Mortgaged Properties, from time to time, provided it maintains the Required Security Cover at all times during the tenor of the Debentures.
The User must ensure that Security Cover is replaced before this requirement is breached.
Any valuation under this Clause 27 (Security Cover) shall be binding and conclusive as regards each Borrower.
However, you can pause your Subscription if the Security Cover is purchased.
Notwithstanding the foregoing provisions of this Clause, ESB, at its sole discretion, may accept an alternate form of Security Cover.
More Definitions of Security Cover
Security Cover means, in respect of each Providing Member and the Grid Operator, the aggregate amount for the time being which it shall be required by the Executive Committee to provide and maintain by way of security in accordance with Part 3;
Security Cover means, with respect to a Counterparty, security for the payment obligations of such Counterparty to the Transporter under the Agreements entered into between such Counterparty and the Transporter in form and substance acceptable to the Transporter, and may take the form of a Letter of Credit, a Qualifying Guarantee, a Charged Account with Account Charge, and a Cash Deposit with Deposit Agreement or such other form of security acceptable to the Transporter, as per Section 3.2;
Security Cover. The Security Cover contains two separate elements: firstly, a right to cancel the Subscription agreed with SkiStar, and secondly, Activity Insurance for the Subscriber provided by ERV (see definition of "Activity Insurance"). See terms and conditions below in paragraph 8 and further information on the Security Cover at xxxxx://xxx.xxxxxxx.xxx/en/winter/skipass/skistar- all-year/security-cover/. Swish: Getswish AB, reg. no. 556913-0000, Xxxxxxxxxx 0, 000 00 Xxxxxxxxx. Outward Journey: The time of departure indicated on the Confirmation or the travel document.
Security Cover has the meaning given to it in Schedule 1.
Security Cover means on any day, the amount which is obtained by dividing:
Security Cover means the security cover to be maintained at all times in terms of the value of the Property with respect to the Outstanding Amount as more specifically mentioned in the Disbursement Letter;