Credit Support Party definition

Credit Support Party means any person, or any persons severally, who now or hereafter guarantees payment or collection of all or any part of the Liabilities or provides any collateral to secure the Liabilities.

Credit Support Party means each Person that is not a Borrower or Guarantor, but which has granted a lien on its assets to secure the Obligations hereunder, including for the avoidance of doubt, each Permitted Joint Venture Subsidiary. CWA: the Clean Water Act (33 U.S.C. §§ 1251 et seq.).

Credit Support Party shall have the meaning provided in the definition of Excluded Swap Obligation.

Examples of Credit Support Party in a sentence

• Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Amendment.

• Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect.

• Each Credit Support Party hereby confirms that each Credit Support Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guaranty or secure, as the case may be, the payment and performance of all obligations guaranteed or secured thereby, as the case may be.

• Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Amendment and consents to the amendment of the Credit Agreement effected pursuant to this Amendment.

• Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement as amended by this Amendment and consents to the amendment of the Credit Agreement effected as of the date hereof pursuant to this Amendment.

More Definitions of Credit Support Party

Credit Support Party means any person, or any persons severally, who now or hereafter guarantees payment or collection of all or any part of this Note or provides any collateral for this Note.

Credit Support Party shall have the meaning set forth in the Trust Indenture.

Credit Support Party means together the Initial L/C Bank, any other L/C Bank, the Deposit Bank, and each Additional Security Provider who the Lessor agrees in writing shall be a "Credit Support Party";

Credit Support Party means, with respect to the Sithe Partners, Exelon, and with respect to Oswego Cogen, Enron Corp.

Credit Support Party means, with respect to any Hedge Counterparty, any Person providing credit support on behalf of such Hedge Counterparty.

Credit Support Party means Seller, if Seller is providing Credit Support to Buyer, and means Buyer, if Buyer is providing Credit Support to Seller.

Credit Support Party means any person, or any persons severally, other than Borrower, who now or hereafter guarantees payment or collection of all or any part of the Loan or provides any collateral for the Loan. “Dollar” and “$” means lawful money of the United States of America, unless otherwise specified. “EBITDA” means for any period Borrower’s consolidated net earnings for such period before interest expense, tax expense, depreciation and amortization. “Equity Holder(s)” means any and all partners, members and/or shareholders (as applicable according to whether Borrower is a partnership (limited or general), limited liability company or corporation) holding equity interests in Borrower. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations thereunder. “ERISA Affiliate” means any member of a group which is under common control with Borrower (within the meaning of Section 414 of the IRC or Section 4001(a)(14) or 4001(b) of ERISA). “Event of Default” has the meaning set forth in Section 10. “Executive Order No. 13224” means Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001.