Support Party definition

Support Party means any bank, insurance company or other entity extending or having a commitment to extend funds to or for the account of a Conduit Lender (including by agreement to purchase an assignment of or participation in, or to make loans or other advances in respect of, Notes or Loans) under a Support Facility.
Support Party means any other bank, insurance company or other financial institution extending or having a commitment to extend funds to or for the account of a CP Conduit (including by agreement to purchase an assignment of or participation in Class B Notes or by swap agreement) under a Support Facility. Each Committed Purchaser for a CP Conduit (other than a Committed Purchaser which is also a CP Conduit) shall be deemed to be a Support Party for such CP Conduit.
Support Party means any bank, insurance company or other financial institution extending or having a commitment to extend funds to or for the account of a Structured Lender (including by agreement to purchase an assignment of or participation in the Notes) under a Support Facility.

Examples of Support Party in a sentence

  • Each Protected Party, including without limitation each Support Party, is an express third party beneficiary hereof.


More Definitions of Support Party

Support Party means any bank, insurance company or other financial institution extending or having a commitment or option to extend funds to or for the account of a Conduit Purchaser (including by agreement to purchase an assignment of, or participation in, the Series 2017-VFN Note held by the Ownership Group of which such Conduit Purchaser is a member) under a Support Facility. Each Committed Purchaser shall be deemed to be a Support Party for the Conduit Purchaser(s) in the related Ownership Group.
Support Party means any bank or other financial institution extending or having a commitment to extend funds to or for the account of a Structured Purchaser (including by agreement to purchase an assignment of or participation in Notes) under a Support Facility. Each Liquidity Provider for a Noncommitted Purchaser which is a Structured Purchaser shall be deemed to be a Support Party for such Structured Purchaser.
Support Party means any other bank, insurance company or other financial institution extending or having a commitment to extend funds to or for the account of a Noncommitted Lender (including by agreement to purchase an assignment of or participation in Notes) under a Support Facility. Each Committed Lender for a Noncommitted Lender shall be deemed to be a Support Party for such Noncommitted Lender.
Support Party means any bank, insurance company or other financial institution or Person extending or having a commitment to extend funds to or for the account of a Conduit Purchaser (including by agreement to purchase an assignment of, or participation in, the Note held by or on behalf of such Conduit Purchaser) under a Support Facility. Deutsche Bank AG, New York Branch shall be deemed to be a Support Party for Monterey and Montage.
Support Party means any bank, insurance company or other entity extending or having a commitment to extend funds to or for the account of a Conduit Purchaser (including by agreement to purchase an assignment of or participation in, or to make loans or other advances in respect of, Class B Certificates) under a Support Facility. Each Liquidity Purchaser for a Conduit Purchaser shall be deemed to be a Support Party for such Conduit Purchaser.
Support Party. Has the meaning given to such term in the Note Purchase Agreement.
Support Party means any bank or other financial institution extending or having a commitment to extend funds to or for the account of a Class B Certificateholder or other owner of an interest in Class B Certificates (including by agreement to purchase an assignment of or participation in Class B Certificates) under any liquidity or credit support agreement which relates to the Class B Certificates.