Deposit of Guarantee Sample Clauses

Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with and held by The Chase Manhattan Bank for the benefit of the Holders until all the obligations of the Guarantor hereunder have been discharged in full.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Deposit of Guarantee. This Guarantee shall take effect for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with and held by the Principal Paying Agent at its specified office (being at the date hereof at Xxxxx Xxxx, 0 00000 Xxxxxx Xxxxx until all the obligations of the Guarantor have been discharged in full.
Sample 1Sample 2Sample 3See All (8)
Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Relevant Account Holders from time to time and for the time being. This Guarantee shall be deposited with and held by BNP Paribas Securities Services, Luxembourg Branch as Issuing and Principal Paying Agent until all the obligations of the Guarantor have been discharged in full.
Sample 1Sample 2Sample 3
Deposit of Guarantee. An original of this Deed of Guarantee shall be deposited with and held by or to the order of the Trustee at such place as it shall determine being at the date hereof until such time as the Guarantor's obligations and liabilities under this Deed of Guarantee have been fully discharged. The Guarantor hereby acknowledges the right of the Trustee and of every Noteholder to the production of this Deed of Guarantee.
Sample 1
Deposit of Guarantee. On the date of signature of this Agreement, the SUBLESSEE shall deliver to the SUBLESSOR the amount of $5,250 USD (five thousand two hundred and fifty USD) as deposit of guarantee, equivalent to one month rent.
Sample 1
Deposit of Guarantee. To ensure the proper performance by the Lessee of all his obligations under this Lease, the Lessee shall pay the Lessor as of today’s date the sum of €641,634.43 (six hundred and forty-one thousand, six hundred and thirty-four Euro and forty-three cents) equivalent to three months’ rent excluding taxes and charges The Lessor must be in possession of such a guarantee deposit at any time during the occupation of the Leased Premises and as a guarantee of payment of rent, repairs and works to be paid for by the Lessee, including all fees, taxes, contributions, duties and other accessories, if any, pertaining to the sums referred to in Article 16, and generally so as to ensure the proper performance of all the obligations of the Lessee as regards the Lessor. Also, the guarantee deposit must be amended, automatically and without formalities, each time the amount of the annual rent is changed, so that this guarantee deposit still equals three months’ rent excluding taxes and charges. Furthermore, if for some reason, the guarantee deposit is used, the Lessee should immediately reconstitute the said deposit. Otherwise, the lease may be terminated if the Lessor thinks fit after sending an unsuccessful formal notice at least thirty days in advance. This guarantee may be invoked at any time during the Lease, its renewals and their periods of tacit agreement until full and final settlement of all rents and amounts due hereunder and until performance by the Lessee of all its obligations. Notwithstanding Article 2341 of the Civil Code, the Lessor will not be required to individualise this deposit. If title to the Leased Premises is to be transferred, the amount of the deposit shall be transferred automatically to the new owner, as will the duty to return the security deposit. The Lessee agrees in this regard that the previous Lessor shall be released, from the time of its substitution by the new owner, from the duty to return the deposit. This substitution shall be automatically and without formality opposable to the Lessee by virtue of the transfer of title to the Leased Premises to the new owner. Once the end of this Lease and its renewals arrive, the deposit shall be returned to the Lessee after the Lessor has determined that the Lessor has fully and properly complied with all its obligations. Upon termination of the lease for failure by the Lessee to perform his obligations or for any other reason whatsoever attributable to the Lessee, the deposit shall be forfeited ...
Sample 1
Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Beneficiaries from time to time. This Guarantee shall be deposited with and held by the Principal Paying Agent at its specified office until the date which is five years after all the obligations of the Issuer under or in respect of any Notes, any Receipts, any Coupons and the Deed of Covenant have been discharged in full. ENEL hereby acknowledges the right of every Beneficiary to the production of, and the right of every Beneficiary to obtain a copy of, this Guarantee.
Sample 1
AutoNDA by SimpleDocs
Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with
Sample 1
Deposit of Guarantee. Upon entering the premises, the Lessee will give the Lessor two checks as a security deposit: • One of 400 € (four hundred euros) in the event of possible rental damage committed by the lessee. • A second of 70 € (seventy euros) in the event of non-compliance with the instructions (cleaning, cleaning and defrosting the refrigerator, clean and wiped dishes, wc and shower cleaned) Checks will be returned either on the day of departure of the lessee or at the latest within 15 days after departure unless the lessor finds rental damage. Are included as rental damage, all damage, damage to the accommodation, as well as damage, loss or theft caused to movable property furnishing the accommodation, during the rental period. In the case of rental damage, the deposit will be refunded within a maximum of 2 months, the expenses made in repair of the damage suffered deducted, justification and supporting invoices. If the amount of the losses exceeds the amount of the deposit of € 400 the tenant undertakes to settle the entire loss.
Sample 1

Related to Deposit of Guarantee

  • Limitation of Guarantee The obligations of each Guarantor will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under Federal or state law. Each Guarantor that makes a payment or distribution under a Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the Adjusted Net Assets of each Guarantor.

  • Execution of Guarantee To further evidence the Guarantee to the Holders, the Guarantor hereby agrees to execute a Guarantee substantially in the form of Exhibit A hereto, to be endorsed on and made a part of each Security ordered to be authenticated and delivered by the Trustee. The Guarantor hereby agrees that its Guarantee set forth in Section 2.01 shall remain in full force and effect notwithstanding any failure to endorse on each Security a Guarantee. Each such Guarantee shall be signed on behalf of the Guarantor by its Chairman of the Board, its President or one of its Vice Presidents prior to the authentication of the Security on which it is endorsed, and the delivery of such Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of such Guarantee on behalf of the Guarantor. Such signature upon the Guarantee may be a manual or facsimile signature of such officer and may be imprinted or otherwise reproduced on the Guarantee, and in case such officer who shall have signed the Guarantee shall cease to be such officer before the Security on which Guarantee is endorsed shall have been authenticated and delivered by the Trustee or disposed of by the Company, the Security nevertheless may be authenticated and delivered or disposed of as though the Person who signed the Guarantee had not ceased to be such officer of the Guarantor.

  • Subordination of Guarantee The guarantee and other liabilities and obligations of the Depositor under this Agreement shall constitute unsecured obligations of the Depositor and shall rank subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) of the Depositor to the extent and in the manner set forth in the Indenture with respect to the Debentures, and the provisions of Article XIII of the Indenture will apply, mutatis mutandis, to the obligations of the Depositor hereunder. The obligations of the Depositor hereunder do not constitute Senior Indebtedness (as defined in the Indenture) of the Depositor.

  • Termination of Guarantee (a) This Guarantee shall terminate upon the occurrence of the following events:

  • Release of Guarantee The Note Guarantees hereunder may be released in accordance with Section 10.2 of the Indenture.

  • Form of Guarantee For value received, the undersigned (herein called the “Guarantors”, and each, a “Guarantor” which terms include any successor Person or Persons under the Indenture referred to in the Security upon which this Guarantee is endorsed), hereby jointly and severally, irrevocably, fully and unconditionally guarantee to each Holder of this Security, which has been authenticated and delivered by the Trustee, the due and punctual payment of the principal of (including any amount in respect of original issue discount), and any premium and interest (together with any Additional Amounts payable pursuant to the terms of this Security), on this Security and the due and punctual payment of the sinking fund payments, if any, and analogous obligations, if any, provided for pursuant to the terms of this Security, when and as the same shall become due and payable, whether at Stated Maturity or upon redemption or upon declaration of acceleration or otherwise according to the terms of this Security and of the Indenture. In case of default by the Company in the payment of any such principal (including any amount in respect of original issue discount), interest (together with any Additional Amounts payable pursuant to the terms of this Security), sinking fund payment, or analogous obligation, each Guarantor agrees duly and punctually to pay the same. Each Guarantor hereby agrees that its obligations hereunder shall rank pari passu with all other unsecured and unsubordinated obligations of such Guarantor, shall be as principal and not merely as surety, and shall be absolute and unconditional irrespective of any extension of the time for payment of this Security, any modification of this Security, any invalidity, irregularity or unenforceability of this Security or the Indenture, any failure to enforce the same or any waiver, modification, consent or indulgence granted to the Company with respect thereto by the Holder of this Security or the Trustee, or any other circumstances which may otherwise constitute a legal or equitable discharge of a surety or guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Company, any right to require a demand or proceeding first against the Company, protest or notice with respect to this Security or the indebtedness evidenced thereby and all demands whatsoever, and covenants that this Guarantee will not be discharged as to this Security except by payment in full of the principal of (including any amount payable in respect of original issue discount), and any premium and interest (together with any Additional Amounts payable pursuant to the terms of this Security), thereon. Each Guarantor irrevocably waives any and all rights to which it may be entitled, by operation of law or otherwise, upon making any payment hereunder (i) to be subrogated to the rights of a Holder against the Company with respect to such payment or otherwise to be reimbursed, indemnified or exonerated by the Company in respect thereof or (ii) to receive any payment, in the nature of contribution or for any other reason, from any other obligor with respect to such payment. This Guarantee shall not be valid or become obligatory for any purpose with respect to this Security until the certificate of authentication on this Security shall have been signed by the Trustee. All terms used in this Guarantee which are not defined herein shall have the meaning assigned to them in the Security upon which this Guarantee is endorsed. This Guarantee is subject to the release upon the terms set forth in the Indenture. This Guarantee is subject to certain limitations and waivers set forth in the Indenture, as it may be supplemented from time to time. This Guarantee is governed by and construed in accordance with the laws of the State of New York.

  • Limitation of Guaranty Any term or provision of this Guaranty or any other Loan Document to the contrary notwithstanding, the maximum aggregate amount for which any Guarantor shall be liable hereunder shall not exceed the maximum amount for which such Guarantor can be liable without rendering this Guaranty or any other Loan Document, as it relates to such Guarantor, subject to avoidance under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer (including the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and Section 548 of title 11 of the United States Code or any applicable provisions of comparable Requirements of Law) (collectively, “Fraudulent Transfer Laws”). Any analysis of the provisions of this Guaranty for purposes of Fraudulent Transfer Laws shall take into account the right of contribution established in Section 2.3 and, for purposes of such analysis, give effect to any discharge of intercompany debt as a result of any payment made under the Guaranty.

  • Benefit of Guaranty Each Borrower agrees that the provisions of this Section 12 are for the benefit of Agent and Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower and Agent or Lenders, the obligations of such other Borrower under the Loan Documents.

  • Confirmation of Guaranty Each of the Guarantors confirms that they have read and understand the Amendment. In order to induce the Lenders, the Administrative Agent and the other Agents to enter into the Amendment, each of the Guarantors: (i) consents to the Amendment and the transactions contemplated thereby; (ii) ratifies and confirms each of the Loan Documents to which it is a party; (iii) ratifies, agrees and confirms that it has been a Guarantor and a Loan Party at all times since it became a Guarantor and a Loan Party and from and after the date hereof, each Guarantor shall continue to be a Guarantor and a Loan Party in accordance with the terms of the Loan Documents, as the same may be amended in connection with the Amendment and the transactions contemplated thereby; and (iv) hereby ratifies and confirms its obligations under each of the Loan Documents (including all exhibits and schedules thereto), as the same may be amended in connection with the Amendment and the transactions contemplated thereby, by signing below as indicated and hereby acknowledges and agrees that nothing contained in any of such Loan Documents is intended to create, nor shall it constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or termination of the indebtedness, loans, liabilities, expenses, guaranty or obligations of any of the Loan Parties under the Credit Agreement or any other such Loan Document.

  • NOTATION OF GUARANTEE For value received, the Guarantor has fully, unconditionally and absolutely guaranteed, to the extent set forth in the Indenture, among the Company, the Guarantor and the Trustee and subject to the provisions in the Indenture and the terms of the Notes, the due and punctual payment of the principal of, premium, if any, and interest on, the Notes and all other amounts due and payable under the Indenture and the Notes by the Company, when and as such principal of, premium, if any, and interest on, the Notes and other amounts shall become due and payable, whether at the Stated Maturity Date or by declaration of acceleration, call for redemption or otherwise, according to the terms of the Notes and the Indenture. The obligations of the Guarantor to the Holders of Notes and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article XIII of the Base Indenture and Article VII of the Second Supplemental Indenture thereto establishing the terms of the Notes and reference is hereby made to the Base Indenture and the Second Supplemental Indenture thereto for the precise terms of the Guarantee, including provisions for the release thereof. Each Holder of a Note, by accepting the same, (a) agrees to and shall be bound by such provisions and (b) appoints the Trustee attorney-in-fact of such Holder for the purpose of such provisions. The Guarantor hereby agrees that its Guarantee of the Notes set forth in Article XIII of the Base Indenture and Article VII of the Second Supplemental Indenture shall remain in full force and effect notwithstanding any failure to endorse on any Note this notation of the Guarantee. RETAIL OPPORTUNITY INVESTMENTS CORP. By: Name: Title:

Time is Money Join Law Insider Premium to draft better contracts faster.