Agreement to Guarantee definition

Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees as follows: (a) The Guaranteeing Subsidiary hereby becomes a party to the Indenture as a Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture. The Guaranteeing Subsidiary agrees to be bound by all of the provisions of the Indenture applicable to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture. (b) The Guaranteeing Subsidiary agrees, on a joint and several basis with all the existing Guarantors, to fully, unconditionally and irrevocably Guarantee to each Holder of the Notes and the Trustee the Obligations pursuant to Article 10 of the Indenture on a senior basis.

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Agreement to Guarantee means the written agreement, dated as of , 20 , between the Guarantor and the Qualified Issuer which sets forth the terms and conditions on which the Guarantor will provide the Guarantee as now or hereafter amended or supplemented from time to time.

Agreement to Guarantee or “Agreement” means this Agreement to Guarantee between the Guarantor and the Qualified Issuer, setting forth the terms and conditions on which the Guarantor will provide the Guarantee, as may be amended from time to time in accordance with its terms.

Examples of Agreement to Guarantee in a sentence

At any time the Qualified Issuer or the Guarantor terminates this Agreement to Guarantee, at the option of the Guarantor (i) the Qualified Issuer shall continue to act under this Agreement to Guarantee until such time as a replacement has been appointed by the Guarantor or (ii) all rights and actions of the Qualified Issuer hereunder or under any of the Bond Documents or any other agreement entered into by the Qualified Issuer pursuant to the Program shall be exercisable by the Guarantor.
This Agreement to Guarantee shall inure only to the benefit of the Qualified Issuer and the United States and no other person or entity (including without limitation any Bondholder or other creditors of the Qualified Issuer) shall have any interest herein or any right with respect hereto.
No course of dealing by the Guarantor shall operate as a waiver of any right in respect of this Agreement to Guarantee, any Guarantee, any Bond or any Bond Loan.
All covenants, agreements, representations and warranties made herein shall survive the execution and delivery of this Agreement to Guarantee and shall remain in full force and effect until payment in full of the Bond Loans and Bonds and of all amounts owed to the United States pursuant to this Agreement to Guarantee.
Any notice, demand, request, or other communication in connection with this Agreement to Guarantee shall be deemed to be given if in writing and delivered (including by telecopier) at the respective addresses shown below or at such other addresses as may be specified in writing: If to the Guarantor: The Secretary of the Treasury c/o Deputy Assistant Secretary for Small Business, Community Development, and Affordable Housing Policy ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.
References in this Agreement to Guarantee to Articles, Appendices, Exhibits or Sections are to Articles, Appendices, Exhibits or Sections of this Agreement to Guarantee unless the context requires otherwise.
The Guarantor may waive any provision of this Agreement to Guarantee, the Bond Documents or any Guarantee which is intended for the benefit of the United States as he may deem appropriate.
This Agreement to Guarantee may be executed in two counterparts which shall together constitute one instrument and shall inure only to the benefit of the Guarantor and the parties hereto.
GUARANTEE 10 5.1 Agreement to Guarantee 10 5.2 Additional Amounts 12 5.3 Execution and Delivery 12 5.4 Release of Guarantee 12 6.
Except pursuant to this Agreement to Guarantee, neither this Agreement to Guarantee nor any interest herein nor any rights hereunder shall be assignable (whether by operation of law or otherwise) without the prior written consent of the Guarantor and the Qualified Issuer.

More Definitions of Agreement to Guarantee

Agreement to Guarantee. Each Guaranteeing Party hereby agrees as follows: (a) Each Guaranteeing Party hereby becomes a party to the Indenture as a Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture. Each Guaranteeing Party agrees to be bound by all of the provisions of the Indenture applicable to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture. (b) Each Guaranteeing Party agrees, on a joint and several basis with all the existing Guarantors, to fully, unconditionally and irrevocably Guarantee to each Holder of the Notes. the Trustee and the Notes Collateral Agent the Obligations pursuant to Article 10 of the Indenture on a senior basis.

Agreement to Guarantee means the written agreement between the Guarantor and the Qualified Issuer which sets forth the terms and conditions on which the Guarantor will provide the Guarantee, as described the preamble hereof.