Foreign Guaranties Sample Clauses
Foreign Guaranties. A Foreign Guaranty is a Corporate Guaranty that is provided by an Affiliate entity that is domiciled in a country other than the United States or Canada. The entity providing a Foreign Guaranty on behalf of a Participant is a Foreign Guarantor. A Participant may provide a Foreign Guaranty in satisfaction of part of its credit obligations or voluntary credit provision at PJMSettlement provided that all of the following conditions are met: PJMSettlement reserves the right to deny, reject, or terminate acceptance of any Foreign Guaranty at any time, including for material adverse circumstances or occurrences.
Foreign Guaranties. The several foreign subsidiary guaranties, as amended by the First Amendment to Security Documents, made by each of the Foreign Guarantors in favor of the Administrative Agent pursuant to which each Foreign Guarantor guaranties to the Administrative Agent for the benefit of the Lenders and the Administrative Agent the payment and performance of the Obligations.