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.

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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 each of the Administrative Agent, each Lender, each Affected Party, each Indemnified Party, the Collateral Custodian, the Collateral Agent and the Account Bank.

Examples of Secured Party in a sentence

• For the avoidance of doubt, ▇▇▇▇▇▇’s sole and exclusive remedy for a breach by Secured Party of the foregoing covenant will be to charge Secured Party $100 per day of non-compliance for a maximum of thirty (30) days.

• The Parties hereby give their consent for the assignment of all rights and obligations of the Secured Party to any successor security trustee appointed pursuant to the Security Trust Agreement (the “Successor Secured Party”), and the Parties, including without limitation the Secured Party, shall execute any document necessary to assign the rights and obligations of the Secured Party to the Successor Secured Party.

• Where the Secured Party is obliged to consult under the terms of this Agreement, the Secured Party shall carry out that consultation in accordance with the instructions it receives from the Bondholders’ Representative provided that such instructions are in accordance with the terms of the Security Trust Agreement.

• Notwithstanding anything else in this Agreement or in any other Loan Document (as such term is defined in the Cryptocurrency Security Agreement), in acting hereunder, the Secured Party acts at all times and in all circumstances in accordance with, and with the benefit of the protections set out in, the Security Trust Agreement.

• In the event that the Secured Party delivers a Notice of Exclusive Control, it will, following the payment in full of the Obligations, return any excess Collateral to the Issuer’s control.

More Definitions of Secured Party

Secured Party means any one of them.

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 has the meaning set forth in the Preamble.

Secured Party has the meaning assigned to such term in the Guarantee and Security Agreement.

Secured Party. (i) Each Lender, (ii) the Administrative Agent, (iii) the Collateral Agent, (iv) the Securities Intermediary and (v) solely with respect to the right to receive fees, expenses and indemnities owing to it hereunder, the Collateral Manager.

Secured Party and “Secured Parties” shall include each Agent in its individual capacity.

Secured Party shall have the meaning ascribed thereto in the preamble to this Agreement, together with its successors or assigns.