Security Pool means the pool of assets in which a subordinate Lien has been granted by the Company as security for the Securities pursuant to the Pledge Agreement.
Security Pool means, collectively, all Individual Properties on which Lender has a Lien as security for the Loans, as the same may change from time to time in accordance with the terms and conditions hereof. The Individual Properties in the Security Pool as of the date hereof are set forth on Exhibit B attached hereto.
Examples of Security Pool in a sentence
If the Control Room Operator is absent for one to three shifts, the two most senior part-time or event time employees from the Control Room Pool list and the Building Security Pool list will be assigned to work the requisite hours to fill the vacancy.
If no such employees are available, the Employer will assign the work to the most senior available part-time or event-time employee on the Building Security Pool list.
In addition to the supervision of the maintenance employees, AGENT shall supervise contracted labor such as Security, Pool Maintenance, Pest Control, and similar on-going contracted services.
More Definitions of Security Pool
Security Pool means, collectively, all Properties on which Lender has a Lien as security for the Loan, as the same may change from time to time in accordance with the terms and conditions hereof. The Properties in the Security Pool as of the date hereof are set forth on Exhibit B attached hereto.
Security Pool means the assets from time to time encumbered in favour of the Trustee to secure Timbercorp’s obligations under the Trust Deed;
Security Pool means the Vessels listed in the Second Schedule and any other vessel which is or may in the future be mortgaged to provide security for the Borrower’s obligations hereunder and each of the other assets from time to time mortgaged or charged to secure the Borrower’s obligations under this Agreement and allocated to the Security Pool.
Security Pool means the Existing Vessels and the New Vessels
Security Pool means, collectively, each Facility on which Lender has a Lien as security for the Loan, as the same may change from time to time in accordance with the terms and conditions hereof. The Facilities in the Security Pool as of the date hereof are set forth on EXHIBIT C attached hereto. "SECURITY POOL COVENANTS" has the meaning ascribed to such term in SUBSECTION 3.1.