Security Fund definition

Security Fund means a letter of credit, security deposit, or comparable form of equivalent financial assurance.
Security Fund means the Water Development Security Fund created in Section 73-10c-5.
Security Fund shall have the meaning set forth in Section 11.1.

Examples of Security Fund in a sentence

  • This Policy is not covered by the Property/Casualty Insurance Security Fund specified in Article 76 of the New York Insurance Law.

  • In addition to the salary provided herein, the Board shall pay the retirement contribution to the Illinois Teachers Retirement System and the Teachers' Health Insurance Security Fund (THIS) contribution.

  • This Code uses a number of capitalized terms, e.g. Advisory Employee, Beneficial Ownership, Designated Equity Security, Exempt Security, Fixed Income Security, Fund, Futures Contract, Immediate Family, Initial Public Offering, Investment Transaction, Personal Account, Portfolio Employee, Private Placement, Qualified Foreign Government, Related Account, Related Security, and Security.

  • The Security Fund shall be continuously maintained in accordance with this Section at the permittee’s sole cost and expense until the completion of the work authorized under the permit.

  • The Payment Security Fund shall be suitable to support payment for at least 3 (three) months’ billing of all the Projects tied up with such fund.


More Definitions of Security Fund

Security Fund has the meaning set forth in Section 2(a) of this Agreement.
Security Fund means the security fund described in Section 5 and Appendix C hereof.
Security Fund means the deposit provided by the Operator to MTC prior to installation of the first new Station and as further defined in Section 15 of the Program Agreement.
Security Fund means the letter of credit, escrow fund, guaranty and/or other collateral that a Party is required to establish and maintain, pursuant to Article 11, as security for its performance under this PPA.
Security Fund means the Water Development Security Fund created [by this
Security Fund means a performance bond, letter of credit, cash deposit, or any or all of these, to the extent applicable.