Security Provider definition

Security Provider means a person which, in accordance with the provisions of this Agreement, provides or is to provide any guarantee or other surety or security in respect of that Party’s obligations under this Agreement;

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Security Provider means you and/or any other person or entity furnishing security for any Credit Facilities and/or any party to any security document.

Security Provider means a Qualifying Person providing a Guaranty or a Qualifying Institution providing a Letter of Credit.

Examples of Security Provider in a sentence

The Borrower and each Security Provider are enterprise legal persons duly incorporated and validly existing under the laws and regulations of their respective places of registration.
Upon receipt of an application for amendment or waiver from the Borrower or any Lender, the Agent shall complete the voting procedure in accordance with Article 17.7 (Syndicate Meetings) hereof, and promptly notify each Lender, the Borrower and the relevant Security Provider of the final valid voting result.
The Borrower and each Security Provider have full civil capacity and civil rights capacity to own their assets, conduct their businesses, and execute and perform the Finance Documents to which they are a party.
The Borrower shall timely file (and shall cause each Security Provider to timely file) its respective annual reports with the SAMR, and ensure that it and each Security Provider are not included in the List of Abnormal Business Operations or the List of Serious Illegal Enterprises.
The Borrower and each Security Provider have obtained all necessary approval, license, consent, registration and filing documents to lawfully own their respective assets, conduct their respective businesses, and execute and perform the Finance Documents to which they are a party, and such approval, license, consent, registration and filing documents remain in full force and effect.

More Definitions of Security Provider

Security Provider means any person who has granted or may at any time hereafter grant any security interest as security for the Secured Obligations;

Security Provider means any party other than a member of the Group or a Finance Party which enters into a Security Document.

Security Provider has the meaning given in Clause 12.1;

Security Provider means any of them.

Security Provider has the meaning given in Clause 16.1(a);

Security Provider means each Person who provides Security;

Security Provider means a person who is not a member of the Group (ignoring the deeming of them to be so in the definition of Group) that enters into a Security Document, provides Transaction Security or who otherwise provides any guarantee, indemnity, Security or other assurance against financial loss in favour of any of the Secured Parties as security for any of the Secured Obligations.