Third Party Security definition

Third Party Security means security provided by a person other than a borrower.
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Third Party Security means any security or encumbrance or credit enhancement (in the form of mortgage, hypothecation, pledge, assignment, corporate guarantee, personal guarantee etc.) that is provided by any person (other than the Borrower) to secure/support the Facility(ies) provided to such Borrower.
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Third Party Security means any Transaction Security provided by a Third Party Security Provider in such capacity.
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Examples of Third Party Security in a sentence

  • Each of the Loan Parties and the Third Party Security Provider hereby acknowledges and agrees that all of its Secured Obligations, including all Liens and (in the case of the Loan Parties) Guarantees granted to the Secured Parties under the applicable Loan Documents, are ratified and reaffirmed and that such Liens and Guarantees shall continue in full force and effect on and after Amendment Effective Date to secure and support the Secured Obligations.

  • We may in our sole and absolute discretion accept a Security Code, including without limitation a Permitted Certificate, generated using a Security Mechanism provided by a third party (respectively, a "Third Party Security Code" and "Third Party Security Mechanism").

  • In relation to any Third Party Security Mechanism and/or Third Party Security Code, we may require you to replace the same at your own cost and expense.

  • The foregoing shall be in addition to any obligations you may have to any third party, including without limitation the provider of any Third Party Security Mechanism and/or Third Party Security Code.

  • The Designated Company, each other Loan Party and the Third Party Security Provider hereby agrees to execute any and all further documents, agreements and instruments and take all further actions that the Administrative Agent deems reasonably necessary or advisable in connection with this Amendment, including to continue and maintain the effectiveness of the Liens and guarantees provided for under the Loan Documents, with the priority contemplated under the Loan Documents.

  • To grant a security interest to Bank in the Collateral described in the Third Party Security Agreement by and between the Company and Bank (the "Security Agreement"), which security interest shall secure all of the Company's obligations, as described in that certain Unconditional Guaranty by the Company dated as of December 4, 2000 (the "Guaranty").

  • The Canadian Borrower, each other Loan Party and the Third Party Security Provider hereby agrees to execute any and all further documents, agreements and instruments and take all further actions that the Administrative Agent deems reasonably necessary or advisable in connection with this Amendment, including to continue and maintain the effectiveness of the Liens and guarantees provided for under the Loan Documents, with the priority contemplated under the Loan Documents.

  • Real Estate Documents □ Lease with Premises Fee Owner □ Copies of Liens or Third Party Security Interests in the Premises Lessor may request you provide additional documentation to complete the credit evaluation process.

  • Real Estate Documents □ Lease with Premises Fee Owner □ Copies of Liens or Third Party Security Interests in the Premises Seller may request you provide additional documentation to complete the credit evaluation process.

  • In accordance with Exhibit I (GE’s Third Party Security Guidelines), USBFS confirms that it will comply with the requirements contained therein.


More Definitions of Third Party Security

Third Party Security has the meaning given to it in Section 4.8(b).
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Third Party Security means each of the security agreements, mortgages, collateral assignments, pledge agreements or other similar agreements delivered to the security agent under the Existing Credit Agreement and each of the other agreements, instruments or documents that creates or purports to create a lien in favour of the security agent (for the benefit of the secured parties) and/or the secured parties under the Existing Credit Agreement (but excluding any such arrangements to the extent they secure, or are otherwise granted in connection with, obligations under the Existing Indenture);
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Third Party Security has the meaning given in clause 17.9; third party: any person other than the Parties; TSA: the transitional services agreement in the Agreed Form between Hyve Events Services Limited and the Buyer, as amended pursuant to clause 6.5;
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Third Party Security. Agreement: Equipment for Transportation Systems Corporation.; (xvii)
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Third Party Security. Save as otherwise expressly provided below, where any Security secures both the liabilities of a Group Company under the Facilities and the liabilities of a person (other than a Tobacco Group Company) and where the Bank holding such Security is entitled to elect (at its discretion) how the recoveries or benefit derived therefrom should be applied and appropriated as between the Indebtedness thereby secured, then such Bank shall bring into account as part of the Recoveries any benefit derived therefrom to the extent that such benefit is not actually appropriated and applied in or towards the discharge of any Indebtedness incurred to such Bank by such person.
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Related to Third Party Security

  • Intellectual Property Security Agreement means the Intellectual Property Security Agreement dated as of the Closing Date among the Loan Parties and the Collateral Agent for its own benefit and for the benefit of the other Credit Parties, granting a Lien in the Intellectual Property of the Loan Parties, as amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Equity Security means a security of an issuer that carries a residual right to participate in the earnings of the issuer and, on the liquidation or winding up of the issuer, in its assets;

  • Intellectual Property Security Agreement Supplement means, collectively, any intellectual property security agreement supplement entered into in connection with, and pursuant to the terms of, any Intellectual Property Security Agreement.

  • Intellectual Property Security Agreements has the meaning specified in the Security Agreement.

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Third Party Services means any products or services of a Third Party that you can access through the Services;

  • Third-Party Service means any service or product offered by a party that is not Company.

  • Food Security Act means the Food Security Act of 1985, 7 U.S.C. §1631, as amended, and the regulations promulgated thereunder.

  • Real Property Security Documents means the Landlord Consent and any mortgage or deed of trust or any other real property security document executed or required hereunder to be executed by any Obligor and granting a security interest in real Property owned or leased (as tenant) by any Obligor in favor of the Secured Parties.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Permitted Security means any Security:

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Third-party payer means an entity that is, by

  • security activity means an activity to which paragraph 2(1)(a) of that Schedule applies, and, which is licensable conduct for the purposes of that Act, (see Section 3(2) of that Act) and

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Acquired Rights Directive means the European Council Directive 77/187/EEC on the approximation of laws of European member states relating to the safeguarding of employees’ rights in the event of transfers of undertakings, businesses or parts of undertakings or businesses, as amended or re-enacted from time to time;

  • Third Party Service Provider means any consultant, agent, advisor, or independent contractor who renders services to the Company, a Subsidiary, or an Affiliate that (a) are not in connection with the offer and sale of the Company’s securities in a capital raising transaction, and (b) do not directly or indirectly promote or maintain a market for the Company’s securities.

  • restricted goods means any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited, save in accordance with any conditions regulating such importation, exportation, transfer, or carriage coastwise, and any goods the importation, exportation, transfer, or carriage coastwise, of which is in any way regulated by or under the Customs laws;

  • Manufactured-home transaction means a secured transaction:

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;