Target Security definition

Target Security means any Guarantee, Encumbrance, InfraCo Bank Guarantees or cash deposit provided in the ordinary course of business by any Group Company (or by any provider of financing on behalf of any Group Company) in relation to the obligations to which any Group Company will be subject following completion of the Reorganisation in relation to any customer and supplier arrangements and any leasing arrangements for the purposes of the InfraCo Business to any person that is not a member of the Sellers’ Group (excluding any InfraCo Security and excluding any Identified Seller Security);
Target Security the security delivered by the Target to the Company as collateral for the Target Loans, including pledge of all of its assets and operations, and the holdings of the Target in any other member of the Target Group.

Examples of Target Security in a sentence

  • The functional specification describes the Target Security Functions Interfaces (TSFIs).

  • U.S. Government Accountability Office, Homeland Security: Preliminary Observations on Efforts to Target Security Inspections of Cargo Containers, GAO-04-325T, Dec.

  • However, as noted above, not distinguishing the original authorization from the amendments causes the most recent amendment to overwrite any previous related actions that occurred in the same quarter.

  • General Accounting Office, Preliminary Observations on Efforts to Target Security Inspections of Cargo Containers, GAO-04-325T, p.

  • While businesspeople profit from the drought, rural farmers continue to suffer crop failure.

  • Target Security Right means a performance right, performance share, warrant, convertible note, instrument or other security (or offer or agreement to issue any of the foregoing) that may convert into a Target Share, whether granted under the Target Equity Plan or otherwise.Target Share means an issued fully paid ordinary share in the capital of the Target.

  • In mid-February 2017, the Target Group announced that 37,724,330 Target Securities would be allocated under the DRP for the interim distribution in respect of the financial half year ended 31 December 2016 and an interim distribution of AUD0.0925 (equivalent to approximately HK$0.53) per Target Security for such financial half year was paid on 16 February 2017.

  • Moreover, without offering credible evidence that she is a potential developer, the prospective bank sponsor may receive inaccurate or misleading price information from the existing mitigation bank.

  • The maximum MIP bonus payable is 250% of target for Mr. Maura and 200% for our other NEOs. As described in the table below, Mr. Maura achieved payouts of 206.4% based on Adjusted EBITDA achievement, 100% based on Adjusted Free Cash Flow and 250% based on Net Sales.

  • Pursuant to the terms of the Scheme Implementation Agreement, Bidco agrees in favour of Target that, in consideration of the transfer to Bidco of each Target Security under the Schemes, Bidco will accept such transfer, and will pay to the Target the Scheme Consideration, in accordance with the terms of the Schemes in cash.


More Definitions of Target Security

Target Security means the Security securing Financial Indebtedness of the Target Group set out in the legal due diligence report prepared by Xxxxxxxxxx Xxxxxxx LLP (referred to in paragraph 4(c)(i) of Part 1 of Schedule 2 (Conditions Precedent)). Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).
Target Security means a stapled security in the Target consisting of one unit in the AJO Fund and one unit in the PCP Trust.
Target Security means the security constituted by the Target Share Pledges, the Target Account and Inter-Company Loan Pledges, and any other security interest in favour of the Finance Parties granted pursuant thereto, in each case executed or to be executed by PrimaCom Netherland Holding BV or any member of the Multikabel Group listed in Schedule 9 (Members of the Multikabel Group Granting Security) pursuant to Clause 45.3 (Multikabel Acquisition);

Related to Target Security

  • Security means a mortgage, charge, pledge, lien or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect.

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.