Secured Swap Provider

Secured Swap Provider. Any Person that (a) is a Senior Lender or any Affiliate of any Senior Lender, (b) becomes a party to a Swap Agreement with the Company or any of its Subsidiaries while such Person (or such Person's Affiliate) is a Senior Lender and (c) continues to be a Senior Lender while such Swap Agreement is in effect (e.g., except as provided below, a Senior Lender or its Affiliate, as applicable, ceases to be a Secured Swap Provider if such Senior Lender or Affiliate, as applicable, ceases to be a Senior... Lender under the Senior Credit Facility), provided, however, that the requirement in this part (c) shall not apply to any Senior Lender (or Affiliate of a Senior Lender) that otherwise satisfies the requirements set forth in parts (a) and (b) of this definition, and such Senior Lender or Affiliate shall continue to be a Secured Swap Provider, if such Senior Lender or Affiliate, as applicable, is no longer a Senior Lender as a result of the purchase by Holder or its successors or assigns of the Indebtedness created under the Senior Credit Facility pursuant to that certain letter agreement, dated as of the date hereof, among Holder, the Administrative Agent and the Collateral Agent, as the same may be amended, restated or replaced from time to time. View More

Secured Swap Provider. Means a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by Lender or an Affiliate of Lender, and any assignee thereof.