Third Party Security definition

Third Party Security means security provided by a person other than a borrower.
Third Party Security means any security or encumbrance or credit enhancement (in the form of mortgage, hypothecation, pledge, assignment, corporate guarantee, personal guarantee etc.) that is provided by any person (other than the Borrower) to secure/support the Facility(ies) provided to such Borrower.
Third Party Security means any Transaction Security provided by a Third Party Security Provider in such capacity.

Examples of Third Party Security in a sentence

  • Zoetis’ Baseline Third Party Security Requirements (a copy of which is available upon request to the Buyer).

  • If Buyer does permit, allow or otherwise create a Third Party Security Interest in the Products before title has passed to Buyer, then all monies owed to WGEO shall immediately become due and payable.

  • 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.

  • In relation to any Third Party Security Mechanism and/or Third Party Security Code, we may require you to replace the same at your own cost and expense.

  • We may in our sole and absolute discretion accept a Security Code, including without limitation a Permitted Certificate, generated using a Security Mechanism provided by a third party (respectively, a "Third Party Security Code" and "Third Party Security Mechanism").

  • The foregoing shall be in addition to any obligations you may have to any third party, including without limitation the provider of any Third Party Security Mechanism and/or Third Party Security Code.

  • Real Estate Documents □ Lease with Premises Fee Owner □ Copies of Liens or Third Party Security Interests in the Premises Seller may request you provide additional documentation to complete the credit evaluation process.

  • If a Designated Person is deemed by the CO to have UPSI relating to a Third Party Security that forms a part of the restricted/grey list, he/she shall be notified by the CO and shall not be permitted to Trade in any of the Third Party Securities that are included in the restricted/grey list.

  • The Canadian Borrower, each other Loan Party and the Third Party Security Provider hereby agrees to execute any and all further documents, agreements and instruments and take all further actions that the Administrative Agent deems reasonably necessary or advisable in connection with this Amendment, including to continue and maintain the effectiveness of the Liens and guarantees provided for under the Loan Documents, with the priority contemplated under the Loan Documents.

  • Security granted by the Issuer over any of its assets in favor of a third party to secure any Financial Indebtedness of the Issuer or any third party (for the purpose of this Clause3.4.2 referred to as “ Third Party Security”), subject to the Bondholders being granted Security (which the Bond Trustee shall deem reasonably equivalent to the Third Party Security) for the Outstanding Bonds or any other indebtedness of the Issuer arising under or in connection with the terms of these Bond Terms.


More Definitions of Third Party Security

Third Party Security has the meaning given in clause 17.9; third party: any person other than the Parties; Transaction: the transaction the subject matter of this agreement; and TSA: the transitional services agreement in the Agreed Form between Hyve Events Services Limited and the Buyer, as amended pursuant to clause 6.5; UAE: the United Arab Emirates;
Third Party Security. Agreement: Equipment for Transportation Systems Corporation.; (xvii)
Third Party Security. Save as otherwise expressly provided below, where any Security secures both the liabilities of a Group Company under the Facilities and the liabilities of a person (other than a Tobacco Group Company) and where the Bank holding such Security is entitled to elect (at its discretion) how the recoveries or benefit derived therefrom should be applied and appropriated as between the Indebtedness thereby secured, then such Bank shall bring into account as part of the Recoveries any benefit derived therefrom to the extent that such benefit is not actually appropriated and applied in or towards the discharge of any Indebtedness incurred to such Bank by such person.
Third Party Security means each of the security agreements, mortgages, collateral assignments, pledge agreements or other similar agreements delivered to the security agent under the Existing Credit Agreement and each of the other agreements, instruments or documents that creates or purports to create a lien in favour of the security agent (for the benefit of the secured parties) and/or the secured parties under the Existing Credit Agreement (but excluding any such arrangements to the extent they secure, or are otherwise granted in connection with, obligations under the Existing Indenture);
Third Party Security has the meaning given to it in Section 4.8(b).

Related to Third Party Security

  • Intellectual Property Security Agreement means the Intellectual Property Security Agreement dated as of the Closing Date among the Loan Parties and the Collateral Agent, granting a Lien in the Intellectual Property and certain other assets of the Loan Parties, as amended and in effect from time to time.

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Intellectual Property Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Intellectual Property Security Agreements has the meaning specified in the Security Agreement.

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Third Party Services means any products or services of a Third Party that you can access through the Services;

  • Third-Party Service means a service, product, or promotion provided by a third party that utilises, integrates with or is ancillary to the Services.

  • Food Security Act means the Food Security Act of 1985, 7 U.S.C. Section 1631 et. seq., as the same now exists or may hereafter from time to time be amended, modified, recodified or supplemented, together with all rules and regulations thereunder.

  • Real Property Security Documents means with respect to the fee interest of any Loan Party in any real property:

  • Quasi-Security has the meaning given to that term in Clause 21.9 (Negative pledge).

  • Permitted Security means any Security:

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Third-party payer means an entity that is, by

  • security activity means an activity to which paragraph 2(1)(a) of that Schedule applies, and, which is licensable conduct for the purposes of that Act, (see Section 3(2) of that Act) and

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Transaction Security means the Security created or evidenced or expressed to be created or evidenced under or pursuant to the Security Documents.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Third Party Service Provider means any consultant, agent, advisor, or independent contractor who renders services to the Company, a Subsidiary, or an Affiliate that (a) are not in connection with the offer and sale of the Company’s securities in a capital raising transaction, and (b) do not directly or indirectly promote or maintain a market for the Company’s securities.

  • restricted goods means any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited, save in accordance with any conditions regulating such importation, exportation, transfer, or carriage coastwise, and any goods the importation, exportation, transfer, or carriage coastwise, of which is in any way regulated by or under the Customs laws;

  • Manufactured-home transaction means a secured transaction:

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;