Additional Secured Party definition

Additional Secured Party means the holders of any Additional Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional Secured Parties.
Additional Secured Party means either of (i) the Junior Priority Representative (as defined in the Intercreditor Agreement) or (ii) any trustee appointed pursuant to Section 8.01(d) of the Credit Agreement with respect to the Aircraft Security Agreement or Spare Engine Security Agreement or a supplement to either, in each case, upon entry by such party of an Additional Secured Party Joinder.
Additional Secured Party means (a) with respect to any obligation referred to in clause (c) of the definition of the termBorrower Obligations”, any Affiliate of a Lender or any Affiliate of the Administrative Agent, in each case that is a party to a Swap Agreement with a Loan Party or a Subsidiary and to which any such obligation is owed, (b) with respect to any obligation referred to in clause (d) of the definition of the term “Borrower Obligations”, any person to which any such obligation (to the extent that such obligation may be guaranteed and/or secured hereunder) is owed, or (c) with respect to any obligation referred to in clause (e) of the definition of the term “Borrower Obligations”, any person to which such obligation (to the extent such obligation may be guaranteed and/or secured hereunder) is owed.

Examples of Additional Secured Party in a sentence

  • Effective upon such notice, each Additional Secured Party shall have the same rights and obligations as the other Secured Parties hereunder and the term “Secured Parties” as used herein shall be deemed to include each such Additional Secured Party.

  • Pursuant to the terms of [Section 3.03(b)] / [Section 9.09(b)] of the Collateral Agency Agreement, the undersigned hereby agrees to be bound by the Collateral Agency Agreement as an [“Interest Rate Hedge Bank”] / [Additional Secured Party] thereunder.

  • In 12a Lender's Counsel listed the Additional Secured Party as "Secretary of Housing and Urban Development of Washington, D.C., their successors and assigns as their interests may appear." Lender's counsel says that other field offices require this language in 12a of the Financing Statement.

  • Capitalized terms in this Additional Secured Party Consent but not otherwise defined herein have the meanings set forth in the Collateral Agreement.

  • The Additional Secured Party hereby becomes a Secured Party as [Administrative Agent/Collateral Agent] [Secured Debt Representative] [a holder of Additional Obligations] [a Secured Commodity Hedge Counterparty].


More Definitions of Additional Secured Party

Additional Secured Party means a Holder or an Other Secured Lender executing a Joinder.
Additional Secured Party means, after the Issue Date, any Person becoming a Currency Hedge Counterparty, an Interest Rate Hedging Counterparty, a Credit Default Swap Counterparty, a Senior Funding Noteholder and any other Person who may become a party to the Trust Deed as a Secured Party.
Additional Secured Party means, after the Issue Date, any Person becoming a Revolving Credit Facility Provider, a Currency Hedge Counterparty and any other Person who may become a party to the Trust Deed as a Secured Party.
Additional Secured Party means, after the Issue Date, any Person becoming a Revolving Credit Facility Provider, a Liquidity Facility Provider, a Currency Hedge Counterparty, an Interest RateHedging Counterparty, a Credit Default Swap Counterparty and any other Person who may become a party to the Trust Deed as a Secured Party.
Additional Secured Party. As previously disclosed to Lender, MacTarnahan Limited Partnership holds a security interest in certain assets of Borrower, including, but not limited to, a junior security interest in accounts receivable and inventory. The security interest of MacTarnahan Limited Partnership, and any assignment of that security interest, is a "Permitted Lien" and shall not be a default under this Loan Agreement.
Additional Secured Party means any Affiliate of a Lender, any Affiliate of the Administrative Agent or any other financial institution reasonably acceptable to the Administrative Agent, in each case that is a provider of Cash Management Services or the Overdraft Line and to which any obligation referred to in clause (c) or (d) of the definition of the term “Obligations” is owed.
Additional Secured Party means any Person that becomes a party to this Agreement pursuant to an Additional Secured Obligations Supplement (whether in its individual capacity or as agent or trustee for and on behalf of any other Person).