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;

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

Examples of Security Provider in a sentence

• Each of the Loan Parties and the Third Party Security Provider hereby acknowledges and agrees that all of its Secured Obligations, including all Liens and (in the case of the Loan Parties) Guarantees granted to the Secured Parties under the applicable Loan Documents, are ratified and reaffirmed and that such Liens and Guarantees shall continue in full force and effect on and after Amendment Effective Date to secure and support the Secured Obligations.

• The Security Provider ratifies and confirms all actions taken by the Collateral Agent or its agents under this power of attorney.

• Tenant shall give Landlord prior written notice of any change in such Tenant’s Security Provider and/or Tenant’s Security Provider Parties.

• If at any time after the Commercial Operation Date a Security Provider fails to satisfy the Credit Requirements, then within ten (10) Business Days after the earlier of Seller’s receipt of notice from (i) any source that the Security Provider no longer satisfies the Credit Requirements or (ii) PacifiCorp requesting the posting of alternate Default Security, Seller must provide to PacifiCorp and maintain in accordance with this Section 8, alternate Default Security.

• Within five (5) Business Days from receipt of a written request from PacifiCorp at any time after the Commercial Operation Date, Seller shall provide to PacifiCorp all such financial information and records as PacifiCorp may reasonably request in order to verify that Seller continues to satisfy the requirements of this Section 8, including that any Default Security and the Security Provider continues to satisfy the requirements of this Section 8.

More Definitions of Security Provider

Security Provider means any of them.

Security Provider has the meaning given in clause 11.1;

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

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

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

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.

Security Provider means each person (other than you) who gives a security.