Secured Party definition

Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.
Secured Party means either party, when that party (i) makes a demand for or is entitled to receive Eligible Credit Support under Paragraph 3(a) or (ii) holds or is deemed to hold Posted Credit Support.
Secured Party means any one of them.

Examples of Secured Party in a sentence

  • U.S. Bank Trust Company, National Association, in its capacity as Secured Party hereunder shall be afforded all of the rights, powers, immunities and indemnities that are afforded to the Collateral Agent under the Credit Agreement as if such rights, powers, immunities and indemnities were specifically set forth herein.

  • The Securities Intermediary will send copies of all statements, confirmations and other correspondence relating to each Secured Account (and/or any financial assets credited thereto) simultaneously to the Debtor, the Administrative Agent and the Secured Party.

  • Notwithstanding anything that may be construed to the contrary, it is understood and agreed that the Securities Intermediary is not, nor shall it be considered to be, an agent, of the Secured Party.

  • The Securities Intermediary shall promptly notify the Debtor, the Administrative Agent and the Secured Party if a Responsible Officer of the Securities Intermediary with direct responsibility for administration of this Agreement has actual knowledge of or receives written notice that any Person asserts or seeks to assert a lien, encumbrance or adverse claim against any portion or all of the property credited to any Secured Account.

  • Section 2 Each of the Debtor and the Secured Party hereby appoints the Securities Intermediary as securities intermediary hereunder.


More Definitions of Secured Party

Secured Party means each of the Administrative Agent, each Lender, each Affected Party, each Indemnified Party, the Collateral Custodian, the Collateral Agent and the Account Bank.
Secured Party has the meaning set forth in the Preamble.
Secured Party means Agent, each Lender, each L/C Issuer, each other Indemnitee and each other holder of any Obligation of a Credit Party including each Secured Swap Provider.
Secured Party shall have the meaning ascribed thereto in the preamble to this Agreement, together with its successors or assigns.
Secured Party has the meaning assigned to such term in the Guarantee and Security Agreement.
Secured Party means any Agent and any Lender.
Secured Party and “Secured Parties” shall include each Agent in its individual capacity.