Securing Party definition

Securing Party shall have the respective meanings assigned to such terms in the Security Agreement.
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Securing Party has the meaning assigned to such term in the recitals hereto.
Sample 1Sample 2
Securing Party means each of American-Amicable Holdings Corporation, Southwestern Financial Corporation, Southwestern Financial Services Corporation, PennCorp Occidental Corp., KB Investment L.L.C., and KB Management L.L.C.
Sample 1

Examples of Securing Party in a sentence

  • Each Securing Party agrees that, from time to time upon the written request of the Administrative Agent, such Securing Party will execute and deliver such further documents and do such other acts and things as the Administrative Agent may reasonably request in order fully to effect the purposes of this Agreement.

  • Notwithstanding any other provision contained herein or in any other Finance Document, including without limitation Section 12.15 (Guarantees) of the Common Terms Agreement and Section 4.25 Limitation on Guarantees) of the Indenture, a Securing Party may guarantee any obligations of any other Securing Party that such other Securing Party is permitted to incur under the Finance Documents.

  • Any such amendment or waiver shall be binding upon the Administrative Agent and each Lender, each holder of any of the Secured Obligations and each Securing Party.

  • Without limiting the generality of the foregoing, so long as the Administrative Agent shall be entitled under this Section 5 to make collections in respect of the Collateral, the Administrative Agent shall have the right and power to receive, endorse and collect all checks made payable to the order of any Securing Party representing any dividend, payment or other distribution in respect of the Collateral or any part thereof and to give full discharge for the same.

  • The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the Securing Parties, the Secured Parties and each holder of the Secured Obligations, except that no Securing Party may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent (and any attempted assignment or transfer by any Securing Party without such consent shall be null and void).

  • Without limiting the generality of the foregoing, so long as the Administrative Agent shall be entitled under this Article to make collections in respect of the Collateral, the Administrative Agent shall have the right and power to receive, endorse and collect all checks made payable to the order of any Securing Party representing any dividend, payment or other distribution in respect of the Collateral or any part thereof and to give full discharge for the same.

  • Effective upon the execution and delivery hereof, each Additional Subsidiary Guarantor hereby agrees that it shall become a “Subsidiary Guarantor” under and for all purposes of the Credit Agreement and a “Securing Party” under and for all purposes of the Pledge Agreement with all the rights and obligations of a Subsidiary Guarantor and Securing Party thereunder, as applicable.

  • The full and correct legal name, type of organization, jurisdiction of organization, organizational ID number (if applicable) and mailing address of each Securing Party as of the date hereof are correctly set forth in Annex 1.

  • Effective upon the execution and delivery hereof, the Additional Subsidiary Guarantor hereby agrees that it shall become a “Subsidiary Guarantor” under and for all purposes of the Credit Agreement and a “Securing Party” under and for all purposes of the Pledge Agreement with all the rights and obligations of a Subsidiary Guarantor and Securing Party thereunder, as applicable.

  • In addition, as of the date of the execution and delivery of a Subsidiary Joinder Agreement by any such Subsidiary, such Subsidiary Securing Party makes the representations and warranties set forth in Section 2.


More Definitions of Securing Party

Securing Party shall have the respective meanings assigned to such terms in the Pledge Agreement.
Sample 1
Securing Party means a New Securing Party, an Existing Securing Party or a Possible Securing Party.
Sample 1
Securing Party has granted to the Collateral Agent for itself and the ratable benefit of the Secured Parties a security interest in and lien upon, and pledged to the Collateral Agent for itself and the ratable benefit of the Secured Parties, its assets as described above, which include checks, drafts and other instruments received for deposit in the Accounts, and all cash balance and other amounts at any time in or attributable to the Accounts, as security for all existing and hereafter arising obligations, liabilities and indebtedness of Securing Parties to the Collateral Agent and the Secured Parties. Bank acknowledges receipt of notice of the security interests and liens of the Collateral Agent.
Sample 1
Securing Party shall also mean and be a reference to such Additional Securing Party, and (ii) the supplemental Annexes 1 through 6 attached to each Security Agreement Supplement shall be incorporated into and become a part of and supplement Annexes 1 through 6, respectively, hereto, and the Collateral Agent may attach such supplemental Annexes to such Annexes; and each reference to such Annexes shall mean and be a reference to such Annexes as supplemented pursuant to each Security Agreement Supplement.
Sample 1

Related to Securing Party

  • Insuring Party Lessor is the "Insuring Party" unless otherwise stated herein. (See Paragraph 8 for further provisions.)

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Disclosing Party means the Party disclosing Confidential Information to the Receiving Party.

  • Filing Party has the meaning set forth in Section 6.12(b).

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.

  • Enforcing Party In connection with any Repurchase Request, (i) in the event one or more Requesting Certificateholders or Consultation Requesting Certificateholders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Requesting Certificateholder(s) and/or Consultation Requesting Certificateholder(s), or (ii) in all other cases, the Enforcing Servicer.

  • Receiving Party means a Party receiving confidential or proprietary information from the Disclosing Party.

  • Publishing Party has the meaning set forth in Section 12.5.3.

  • Performing Party As defined in Section 11.12.

  • Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

  • Excluded Party has the meaning set forth in Section 7.4(b).

  • Delivering Party means the entity supplying capacity and energy to be transmitted at Point(s) of Receipt. Delivery Year:

  • Acquiring Party has the meaning given such term in Section 4.1.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Indemnitor has the meaning set forth in Section 12.3.

  • Procuring Entity means the Procuring Entity or party who employs the Service Provider

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Procuring Entity/Purchaser means a Entity having administrative and financial powers to undertake Procurement of Goods, Works or Services using public funds, as specified in the PCC;

  • The Procuring Entity means the organization purchasing the Goods, as named in the SCC.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Providing Party has the meaning set forth in Section 11.

  • Non-Material Subsidiary means any Subsidiary that

  • BRRD Party means any Underwriter subject to Bail-in Powers.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.