Examples of Security Interest in a sentence
The Client undertakes neither to create nor to have outstanding any security interest or other encumbrance over, nor to agree to assign or transfer, any margin which constitutes Security Interest Collateral, except for: (i) the security interest in this Agreement; and/or (ii) a lien routinely imposed on all securities in a clearing system in which such securities may be held.
The Allottee shall always keep the Promoter / Lessor saved, harmless and indemnified from and against any losses, claims or demands which the Promoter/Lessor may suffer or be put to by reason of certain of such Security Interest.
To the extent that any margin that is Security Interest Collateral constitutes financial collateral, at any time on or after a Liquidation Date the Firm may appropriate all or any part of the margin in or towards discharge of the Secured Obligations.
The Firm will pay that amount to the Client within the time period specified by the Firm from time to time (or, if no period has been specified, as soon as is reasonably practicable after the date any interest is treated as comprised in the Security Interest Collateral).
The Client agrees to execute such further documents and to take such further steps as the Firm may reasonably require: (i) to perfect the Firm's security interest over, be registered as owner of or obtain legal title to the margin which constitutes Security Interest Collateral; (ii) to secure further the Secured Obligations; (iii) to enable the Firm to exercise its rights; or (iv) to satisfy Applicable Regulations and/or any Infrastructure requirement.