continuing guarantee definition

continuing guarantee means a guarantee which extends to a series of transactions;
continuing guarantee. See Section 4.3 hereof.
continuing guarantee has the meaning assigned to such term in Section 5.10.

Examples of continuing guarantee in a sentence

  • Seller agrees to execute, in a form acceptable to Buyer, as to all products subject to the Consumer Protection (Trade Description and Safety Requirements) Act, Poison Act, Environmental Public Health Act, Medicines Act, Sale of Food Act and any regulations made under any of the aforesaid Acts and any other applicable laws or regulation, a General and Continuing Guarantee of compliance with such laws and regulations.

  • The Company will hold the EGM to seek the Independent Shareholders’ approval in respect of the 2022 Continuing Guarantee Support Framework Agreement (including the annual caps of the Guarantees) and the transaction contemplated thereunder.

  • A circular containing, among others, details of the 2022 Continuing Guarantee Support Framework Agreement, a letter from the Independent Board Committee, a letter from the Independent Financial Adviser and other information as required under the Hong Kong Listing Rules is expected to be dispatched to the Shareholders by the Company on or before 15 November 2021.

  • Continuing Guarantee This form must be completed if the applicant: Signature Required (p.

  • The Independent Board Committee comprising all independent non-executive Directors has been established to advise the Independent Shareholders and Frontpage Capital has been appointed as the independent financial adviser to advise the Independent Board Committee and the Independent Shareholders, on the 2022 Continuing Guarantee Support Framework Agreement (including the annual caps of the Guarantees) and the transactions contemplated thereunder.

  • Regents of the University of Minnesota   By: By: Name:   Name:   Title:   Title:   Date: Date: Attachment A Description of Services and Pricing Terms Attachment B Quality Assurance Program- Letter of Continuing Guarantee [PLEASE PROVIDE SIGNED COPY ON COMPANY LETTERHEAD]  , complies with all regulatory requirements and licenses for the distribution and production of wholesome, unadulterated, and properly labeled food products.

  • As the highest applicable percentage ratios (other than the profit ratio) (as defined under the Hong Kong Listing Rules) in respect of the annual caps of the Guarantees exceeds 5% but less than 25%, therefore the Guarantees contemplated under the 2022 Continuing Guarantee Support Framework Agreement are subject to the requirements of reporting, announcement, annual review and approval of the Independent Shareholders under Chapter 14 and Chapter 14A of the Hong Kong Listing Rules.

  • The Continuing Guarantee provides for a Guarantor to cover any financial obligation under this Lease that you fail to fulfill.

  • On demand by Owner, Renter shall obtain the execution of a Continuing Guarantee Agreement provided by owner, by an agreed upon Guarantor.

  • Therefore, the 2022 Continuing Guarantee Support Framework Agreement could optimise the loan structure of Livzon MAB by allowing it to obtain long-term credit facilities rather than only short-term credit facilities, which could better adapt to its business cycle.


More Definitions of continuing guarantee

continuing guarantee means a guarantee which extends to a
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continuing guarantee means the guarantee of the Subsidiary of the performance of the Company under the Debentures, substantially in the form as attached hereto as Exhibit E.
continuing guarantee means the Continuing Guarantee granted by Elbit in favor of Bank Hapoalim London Branch in connection with the Bank Hapoalim Victoria Monument Facility Agreement dated September 13, 2011.

Related to continuing guarantee

  • Qualifying Guarantee means an arrangement evidenced by a written instrument pursuant to which a Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”). Qualifying Guarantees shall exclude any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment). The benefit of a Qualifying Guarantee must be capable of being delivered together with the delivery of the Underlying Obligation.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person: