Security Period definition

Security Period means the period commencing on the date of this Agreement and ending on the date on which the Agent notifies the Borrowers, the Security Parties and the other Creditor Parties that:
Security Period means the period commencing on the date hereof and terminating upon discharge of the security created by the Security Documents by payment of all moneys payable thereunder;
Security Period means the period commencing on the date of execution of this Charge and terminating upon the date on which the Secured Obligations have been unconditionally and irrevocably paid and discharged in full.

Examples of Security Period in a sentence

  • Levels of consideration for positions will be as follows: candidates who are still within their Job Security Period (as outlined in Article 11.02) will be considered first; and then, candidates who have completed their Job Security Period and who are still within their prescribed programme will be con- sidered next.

  • The Concessionaire shall maintain and keep in force the Performance Security for the entire duration of the Performance Security Period in accordance with this Article 9.

  • The period specified in the initial offer of employment shall be known as an employee’s Job Security Period.


More Definitions of Security Period

Security Period means the period starting on the date of this Agreement and ending on the date on which the Facility Agent is satisfied that there is no outstanding Commitment in force and that the Secured Liabilities have been irrevocably and unconditionally paid and discharged in full.
Security Period means the period beginning on the First Drawdown Date and ending on the date on which the amounts outstanding under this Agreement and under each of the other Security Documents are finally paid or repaid in full;
Security Period means the period commencing on the date of this Agreement and ending on the date on which the Agent notifies the Borrower, the Security Parties and the other Creditor Parties that:
Security Period means the period beginning on the date hereof and ending on the Discharge Date.
Security Period means the period beginning on the date of this Deed and ending on the date upon which the Secured Party is satisfied that all of the Secured Obligations have been unconditionally and irrevocably paid and discharged in full or all of the security hereby created has been unconditionally released and discharged;
Security Period means the period commencing on the date of this Agreement and continuing for so long as any moneys are owing actually or contingently under the Security Documents and while any Loan and/or the Swap Liabilities remain outstanding;
Security Period means the period beginning on the date of this Deed and ending on the date when the whole of the Senior Indebtedness has been repaid in full.