Bank Guarantees definition

Bank Guarantees means the guarantees or letters of credit to be provided by the Company pursuant to clauses 18.1 and 22.9;

Bank Guarantees means guaranties issued or to be issued pursuant to the Multicurrency Letter of Credit Facility by a Multicurrency Issuing Bank or Affiliate thereof in form and substance satisfactory to the issuer thereof.

Bank Guarantees means those guarantees issued by the Filing Subsidiaries in favor of the Pre-Petition Lenders, guaranteeing the obligations of Fleming on the Pre-Petition Credit Agreement.

Examples of Bank Guarantees in a sentence

• The Bank Guarantee/s shall be in favor of DPIIT, issued by any nationalized or scheduled Indian Bank, approved by the Reserve Bank of India.

• The Credit Documents shall survive and continue in full force and effect until the Applicable Issuing Banks shall have no further obligations to make any payments or disbursements under any circumstances with respect to any Letter of Credit or Bank Guarantees.

• The Bank Guarantee/s shall be on the Proforma, which shall be approved by DPIIT.

• With respect to its Commitment, Issuances, Letters of Credit or Bank Guarantees, the Person serving as the Administrative Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Issuing Bank.

• Subject to the terms and conditions set forth herein, the Borrower may request the Issuance of Letters of Credit or Bank Guarantees denominated in Agreed Currencies in applicable jurisdictions for its own account or on behalf of its Subsidiaries, with each Issuance being in a form reasonably acceptable to the Applicable Issuing Bank, at any time (subject to Section 2.01(b)(ii)) and from time to time from and after the Closing Date and before the Termination Date.

More Definitions of Bank Guarantees

Bank Guarantees means the guarantees or letters of credit to be provided by the Company pursuant to clauses 18.1 and 22.9 of the Management Agreement; 'Business Day' means a day (other than a Saturday or Sunday) on which banks (as defined in the Banking Xxx 0000 (Commonwealth)) are generally open for business in Melbourne;

Bank Guarantees means the Guarantees of the Subsidiary Guarantors of Indebtedness outstanding under the Credit Agreement, as such Guarantees or agreements may be amended, restated or otherwise modified, and any successors thereto.

Bank Guarantees means (i) the Commercial Guaranty and Addendum to Commercial Guaranty, dated June 24, 2016, by the Company for the benefit of Xxxxxxx Bank in the amount of $142,500, (ii) the Commercial Guaranty and Addendum to Commercial Guaranty, dated July 15, 2016, by the Company for the benefit of Xxxxxxx Bank in the amount of $141,750 and (iii) any other obligation whereby the Company has guaranteed Indebtedness of any of its Affiliates.

Bank Guarantees means either or both of them;

Bank Guarantees means the bank guarantees listed on Schedule 5.13(b).

Bank Guarantees means the two separate guarantees each in the maximum principal amount of $8,160,000 to be issued by the Lender in favour of the Seller in respect of the Second Instalment and the Third Instalment in the form of the pro forma bank guarantee attached at Schedule 4;

Bank Guarantees means the personal guarantees ("cautions") granted by the Principal Shareholders in favor of certain credit institutions to guarantee the liabilities of the Company to such credit institutions.