Requirement for Security Clause Samples

Requirement for Security. The District Council is entitled to require a Producer to post, no earlier than thirty (30) days prior to the commencement of work by the Guild Members, a security for payment sufficient to cover two (2) weeks’ Gross Remuneration of all Guild Members (to be based upon the production schedule provided by the Producer) and all District Council Remittances. The security for payment may take the form of a cash deposit to be held in trust by the District Council in an interest-bearing account, and all accrued interest shall be the property of the Producer, or at the Producer’s election, the security for payment may take the form of one or more irrevocable letters of credit in favour of the District Council, drawn on a Canadian chartered bank.
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Requirement for Security. The Customer is responsible for their network security and protecting systems from illegal access. The Company is not in any way responsible for the integrity of the customer’s network, unless the network is negligently or deliberately tampered with by the Company or any Company personnel or contractors. Attempts to access the Customer’s networks by outside parties are not the responsibility of the Company and the Company assumes no liability in such an event.
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Requirement for Security. Clearance USAID requires a security investigation appropriate for the security clearance level defined in the position description, and a favorable adjudication of the participating employee’s investigation before they are permitted to perform under the terms of this agreement. (Specify the security clearance requirement for this assignment).
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Requirement for Security. A Producer who is not a member in good standing of one of the Producer’s Associations shall be required to post a security for payment, and ACTRA may require that the amount of security be up to the full amount of Performers’ fees during the entire period of Production (to be based upon the production schedule provided by the Producer) and the insurance and retirement payments, no earlier than 30 days prior to the commencement of work by the Performers. The security for payment may take the form of a cash deposit to be held in trust by ACTRA in an interest-bearing account, and all accrued interest shall be the property of the Producer, or at the Producer’s election, the security for payment may take the form of one or more irrevocable letters of credit in favour of ACTRA, drawn on a Canadian chartered bank.
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Requirement for Security. (a) Network User must on and from the commencement date at all times provide and maintain (b) All security must be in the form of either:
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Requirement for Security 
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Related to Requirement for Security

  • Payment for Securities Payment for the Securities shall be received by the Company from the undersigned by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, in the amount as set forth in Appendix A hereto. The Company shall deliver certificates representing the Securities to the undersigned at the Closing bearing an appropriate legend referring to the fact that the Securities were sold in reliance upon an exemption from registration under the Securities Act.

  • Payment for Securities Sold In its sole discretion and from time to time, the Custodian may credit the Fund Custody Account, prior to actual receipt of final payment thereof, with (i) proceeds from the sale of Securities which it has been instructed to deliver against payment, (ii) proceeds from the redemption of Securities or other assets of the Fund, and (iii) income from cash, Securities or other assets of the Fund. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. The Custodian may, in its sole discretion and from time to time, permit the Fund to use funds so credited to the Fund Custody Account in anticipation of actual receipt of final payment. Any such funds shall be repayable immediately upon demand made by the Custodian at any time prior to the actual receipt of all final payments in anticipation of which funds were credited to the Fund Custody Account.