Security Parties definition

Security Parties means each Borrower, each Guarantor, each Chargor, and any other person (other than a Manager or Charterer) who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and "Security Party" means any one of them.

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Security Parties means all parties to this Amendment Agreement other than the Lender and “Security Party” means any one of them.

Security Parties means all parties to this Supplemental Agreement other than the Finance Parties and "Security Party" means any one of them.

Examples of Security Parties in a sentence

The Lender may, by notice to the Borrowers and the Security Parties, provide, at its sole discretion, for a different order of application from that set out in Clause 11.3(a) (Order of application) either as regards a specified sum or sums or as regards sums in a specified category or categories, without affecting the obligations of the Borrowers to the Lender.
The Borrowers will ensure that each of the Security Parties incorporated in the Republic of the ▇▇▇▇▇▇▇▇ Islands shall comply in all respects and remain in compliance with the ESR Regulations in accordance with its terms and time frame.
Such fees will not burden any of the Security Parties under any circumstances.
The Agent shall promptly notify the Borrowers, the Security Parties, the Security Trustee and the other Lenders of the notice under Clause 23.1 which the Agent receives from the Notifying Lender.
The Agent may, following the occurrence of an Event of Default or a Potential Event of Default which is continuing, with the authorisation of the Majority Lenders and the Swap Bank by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

More Definitions of Security Parties

Security Parties means each party to the Finance Documents (other than the Lender) and in the singular means any of them;

Security Parties means any or all of them, as the context may require;

Security Parties means each Borrower, the Guarantor, any other Credit Support Provider, and any other person who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness (excluding always the Managers), and "Security Party" means any one of them.

Security Parties means all parties to this Second Supplemental Agreement other than the Lender.

Security Parties means the Borrowers and the Original Guarantor and "Security Party" means any one of them.

Security Parties means collectively the Borrower, the Holding Guarantor, the Shareholders, and each other party to the Security Documents (other than the Lender) and in the singular means any of them;

Security Parties means the Borrower, the Singaporean Charterer, the UK Charterer and any other person who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Outstanding Indebtedness, and “Security Party” means any one of them;