Credit Support Provider definition

Credit Support Provider has the meaning specified in the Schedule.

Credit Support Provider means any person who has entered into any guarantee, hypothecation, agreement, margin or security agreement in our favour in respect of your obligations under this Agreement.

Credit Support Provider. With respect to any Series (or Class within such Series), the Person, if any, that will provide any Credit Support with respect to all or a portion of a Series or Class, as specified in the applicable Supplement.

Examples of Credit Support Provider in a sentence

• Please note that a Tax Event and a Tax Event Upon Merger will not apply if it is a Credit Support Provider that unexpectedly needs to gross up.

• A Credit Support Provider is a third party providing security or a guarantee for a party’s liabilities.

• In the 1987 Agreement, the Credit Support Provider was usually nominated as a Specified Entity for those Events of Default and Termination Events which referred to Specified Entities.

• Section 5(b)(i) Section 5(b)(i) states that a Termination Event will arise if it becomes unlaw- ful for a party to make or receive a payment or delivery or comply with any material provision of the Agreement or it becomes unlawful for a party or a Credit Support Provider to perform under a Credit Support Document.

• The Credit Support Provider is also mentioned in Section 4(a)(iii) in relation to providing tax forms.

More Definitions of Credit Support Provider

Credit Support Provider has the meaning given to it in the definition of Credit Support Document.

Credit Support Provider means in relation to Party A: Not applicable.

Credit Support Provider means in relation to Party B, none.

Credit Support Provider means any person defined as such in the Master Agreement;

Credit Support Provider means any person who has entered into any guarantee, hypothecation agreement, margin or security agreement in the Firm’s favour with respect to the Client’s obligations under these Terms;

Credit Support Provider means, with respect to Party B, each party to a Credit Support Document that provides or is obligated to provide security, a guaranty or other credit support for Party B’s obligations under this Agreement.

Credit Support Provider means in relation to Party A: Swiss Re. Credit Support Provider means in relation to Party B: None.