Return of the Security Sample Clauses

The 'Return of the Security' clause outlines the conditions under which a security deposit or similar form of security provided by one party must be returned by the other party. Typically, this clause specifies the timing and requirements for the return, such as the completion of contractual obligations, the absence of outstanding claims, or the expiration of a certain period after the contract ends. Its core practical function is to ensure that the party providing the security has a clear right to its return once all agreed-upon conditions are met, thereby protecting their financial interests and preventing disputes over withheld funds.
Return of the Security. The Guild shall release and/or return the security to the Producer
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Return of the Security. Landlord shall retain the Security for the entire Term and any part of the Security not used, applied or retained by Landlord shall be returned to the Tenant within 60 days after Tenant has discharged all of its obligations under this Lease, any modification, extension, or renewal thereof, but no earlier than the expiration or the sooner termination of this Lease.
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Return of the Security. Correct will return the balance of the Security to You within fourteen (14) days after this Agreement ends.
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Return of the Security. Upon acceptance of the preparatory services and determination of the fulfilment of the guarantee (§ 7.5.), the amount of the security shall be returned to the CN.
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Return of the Security. Upon acceptance of the preparatory services, the amount of the security shall be reduced to 40% of the original amount in accordance with § 19.1., if applicable in conj. with § 19.3. In the time between acceptance of the preparatory services and expiry of the second but last settlement period the amount of the security shall be reduced by another 30% of the original amount in accordance with § 19.1., if applicable in conj. with § 19.3., linearly distributed over the number of settlement periods. The CN shall in each case replace the suretyship by another of the appropriate amount. The suretyship of 10% of the original amount of the security shall be returned to the CN once the last settlement period has been settled, to the extent it has not been made use of or cannot be made use of, provided that the CN has fulfilled all his obligations to pay and any and all defects which have been detected have been properly remedied (§ 20).
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Related to Return of the Security

  • Authorization of the Securities The Securities have been duly authorized and, at the Closing Time, will have been duly executed by the Company and, when authenticated, issued and delivered in the manner provided for in the Indenture and delivered against payment of the purchase price therefor as provided in this Agreement, will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or similar laws affecting enforcement of creditors’ rights generally and except as enforcement thereof is subject to general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law), and will be in the form contemplated by, and entitled to the benefits of, the Indenture.

  • Indemnity to the Security Agent (a) Each Borrower shall, on demand, indemnify the Security Agent and every Receiver and Delegate against any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by any of them: (i) in relation to or as a result of: (A) any failure by a Borrower to comply with its obligations under Clause 16 (Costs and Expenses); (B) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; (C) the taking, holding, protection or enforcement of the Finance Documents and the Transaction Security; (D) the exercise of any of the rights, powers, discretions, authorities and remedies vested in the Security Agent and each Receiver and Delegate by the Finance Documents or by law; (E) any default by any Transaction Obligor in the performance of any of the obligations expressed to be assumed by it in the Finance Documents; (F) any action by any Transaction Obligor which vitiates, reduces the value of, or is otherwise prejudicial to, the Transaction Security; and (G) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents, (ii) acting as Security Agent, Receiver or Delegate under the Finance Documents or which otherwise relates to any of the Security Property or the performance of the terms of this Agreement or the other Finance Documents (otherwise, in each case, than by reason of the relevant Security Agent’s, Receiver’s or Delegate’s gross negligence or wilful misconduct). (b) The Security Agent and every Receiver and Delegate may, in priority to any payment to the Secured Parties, indemnify itself out of the Security Assets in respect of, and pay and retain, all sums necessary to give effect to the indemnity in this Clause 14.5 (Indemnity to the Security Agent) and shall have a lien on the Transaction Security and the proceeds of the enforcement of the Transaction Security for all monies payable to it.

  • of the Securities Act The Issuer agrees that, if it shall issue commercial paper after the date hereof in reliance upon such exemption (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)(3) exemption are not integrated with offerings and sales of Notes hereunder; and (c) the Issuer will comply with each of the requirements of Section 3(a)(3) of the Securities Act in selling commercial paper or other short-term debt securities other than the Notes in the United States.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Terms of the Securities The Securities have the “Terms” as set out in these Issue Terms, which will complete and modify (i) the Bearer Securities Base Conditions Module, July 2016 Edition and (ii) the General Definitions Module, July 2016 Edition (the “General Definitions Module”), both of which are incorporated by reference into these Issue Terms (together, the “Conditions”) and are set out in full in the Information Memorandum.