Credit Support Provider definition

Credit Support Provider has the meaning specified in the Schedule.

Credit Support Provider means any person who has entered into any guarantee, hypothecation, agreement, margin or security agreement in our favour in respect of your obligations under this Agreement.

Credit Support Provider. With respect to any Series (or Class within such Series), the Person, if any, that will provide any Credit Support with respect to all or a portion of a Series or Class, as specified in the applicable Supplement.

Examples of Credit Support Provider in a sentence

• The failure by a party or any Credit Support Provider of such party to pay, when due, any Early Termination Amount will not constitute an Event of Default under Section 5(a)(i) or 5(a)(iii)(1) if such failure is due to the occurrence of an event or circumstance which would, if it occurred with respect to payment, delivery or compliance related to a Transaction, constitute or give rise to an Illegality or a Force Majeure Event.

• Promptly upon execution of this Agreement Yes Party B Evidence reasonably satisfactory to Party A of: (i) the capacity and authority of Party B and any Credit Support Provider of Party B to enter into the Agreement, any Credit Support Document and any Transactions and (ii) the authority of the individual signing the Agreement, the relevant Credit Support Document and/or the relevant Confirmation on behalf of such party to execute the same and (iii) the genuine signature of each such individual.

More Definitions of Credit Support Provider

Credit Support Provider has the meaning given to it in the definition of Credit Support Document.

Credit Support Provider means in relation to Party A: Not applicable.

Credit Support Provider means any person (other than the Borrower) described as such in the Master Agreement.

Credit Support Provider means in relation to Party B, none.

Credit Support Provider means any person who has entered into any guarantee, hypothecation agreement, margin or security agreement in the Firm’s favour with respect to the Client’s obligations under these Terms;

Credit Support Provider means, with respect to Party B, each party to a Credit Support Document that provides or is obligated to provide security, a guaranty or other credit support for Party B’s obligations under this Agreement.

Credit Support Provider means in relation to Party A: Swiss Re. Credit Support Provider means in relation to Party B: None.