Surety Party definition

Surety Party means, in respect of each Surety Bond, the entity ------------ which issued such Surety Bond, as specified on Schedule IX to the Credit Agreement, and any Person issuing any replacement of such Surety Bond that does not increase the amount, or shorten the maturity, thereof, provided -------- that the Company shall have delivered to the Trustee the name of such Person and any other relevant information with respect thereto requested by the Trustee.
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Examples of Surety Party in a sentence

  • The Trustee shall immediately notify the Company, the Administrative Agent, each Surety Party and each Public Debt Trustee as to the receipt and contents of any such notice of cancellation.

  • The Trustee shall make available for inspection and copying by the Administrative Agent, the Indenture Trustee and each Surety Party each certificate or other paper furnished to the Trustee by any of the Obligors under or in respect of this Trust Agreement or any of the Collateral.

  • Each Obligor also hereby authorizes the Trustee to sign and the Administrative Agent, the Required Instructing Parties, any Surety Party or the Trustee to file any such financing or continuation statements without the signature of such Obligor to the extent permitted by applicable law.

  • All distributions made by the Trustee pursuant to Section 3.4 shall be (subject to any decree of any court of competent jurisdiction) final (absent manifest error), and the Trustee shall have no duty to inquire as to the application by the Administrative Agent, the Indenture Trustee or a Surety Party of any amounts distributed to them.

  • The authority of the Administrative Agent, the Indenture Trustee and each Surety Party shall be demonstrated by their inclusion as such in the lists from time to time delivered pursuant to Section 4.2.

  • If the Trustee is not informed of changes of the officers of the Administrative Agent or any Surety Party (and, if any Indenture Securities have been issued, the Indenture Trustee) authorized to give directions hereunder on behalf of such parties, the Trustee may rely on the information previously provided to the Trustee.

  • If the Trustee does not receive the names of the officers of the Administrative Agent, the Indenture Trustee or any Surety Party authorized to give directions hereunder on behalf of such parties, the Trustee may rely on any person purporting to be authorized to give directions hereunder on behalf of such parties.

  • Any notice from the Company to the Trustee concerning any new Surety Party simultaneously shall be delivered by such Obligor to the other Surety Parties.

  • April 23, 2003 April 23, 2003 Surety (Party A): Beijing Wanxing vehicle service company Address:▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇.▇.▇▇▇▇▇ Legal representative: ▇▇▇ ▇▇▇▇ Creditor(Party B): Industrial and Commercial Bank of China, Pudong Branch Address: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇.

  • Surety (Party A): Shanghai Xinguang Enterprise Development Co., Ltd.