Board Guaranty definition

Board Guaranty means the Second Amended and Restated Guarantee Agreement dated as of the date hereof and executed by the Board, the Lenders referred to therein and the Agent.
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Board Guaranty means the Guarantee Agreement dated as of the date hereof and executed by the Board, the Tranche A Lender and the Agent, in substantially the form of Exhibit D.
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Board Guaranty in its entirety as follows:
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Examples of Board Guaranty in a sentence

  • All payments in respect of any Obligations shall at all times be made to the Agent, whether or not a demand shall have been made or paid under the Board Guaranty.

  • Upon the assignment to the Board of any Tranche A Lender's right, title and interest in and to its pro rata portion of the principal of and interest on Tranche A in accordance with the Board Guaranty, the Board shall have the rights and privileges of a Tranche A Lender with respect to such payment (to the extent of the interests in Tranche A so assigned to the Board).

  • The Borrower agrees to pay to the Agent for the account of the Board quarterly in advance on each Interest Payment Date for so long as the Board Guaranty shall remain in effect the Guarantee Fee set forth in Section 2.06 of the Board Guaranty.

  • With respect to the Loan Administrator's responsibilities under Section 8.1(b), the Loan Administrator shall not be required to take any action which exposes the Loan Administrator to liability or which is not required by this Agreement, any other Loan Document, the Board Guaranty or applicable law.

  • The Board hereby acknowledges and agrees that the failure of the Loan Administrator to perform any of its obligations hereunder shall not invalidate or otherwise affect the Board Guaranty.

  • Priorities: This notice contains five priorities, three of which are absolute priorities and two of which are competitive preference priorities.

  • The Board acknowledges and agrees for the benefit of the Initial Lender that as of the date hereof the Board Guaranty remains in full force and effect and is hereby ratified and confirmed.

  • For the avoidance of doubt, any such sale, assignment or transfer shall be made without the benefit of the Board Guaranty (which shall be fully and irrevocably released upon the closing of such sale).

  • Joint Stipulation ¶ 24; Defendant’s Exhibit 10.On June 12, 2002, the Pension Board Guaranty Corporation (“PBGC”), which assumed the responsibility to pay the retirement benefits of RTI employees as a result of RTI’s bankruptcy, filed suit in the United States District Court for the Northern District of Ohio.CSMF ¶ 36; Joint Stipulation ¶ 29.

  • The Board acknowledges and agrees for the benefit of the Tranche A Lender that as of the date hereof the Board Guaranty remains in full force and effect and is hereby ratified and confirmed.


More Definitions of Board Guaranty

Board Guaranty means the Guarantee Agreement dated as of March 31, 2003 among Kitty Hawk Funding Corporation, as Primary Tranche A Lender, Bank of America, N.A., as Alternate Tranche A Lender, Bank of America, N.A., as Agent and a Tranche B Lender, Retirement Systems of Alabama Holdings LLC, as a Tranche B Lender, and the Board, as amended and restated pursuant to that certain Amended and Restated Guarantee Agreement, dated as of December 28, 2004, among Govco Incorporated, as Primary Tranche A Lender, Citibank, N.A., as Alternate Tranche A Lender, Bank of America, N.A., as Agent and a Tranche B Lender, Retirement Systems of Alabama Holdings LLC, as a Tranche B Lender, and the Board.
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Related to Board Guaranty

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

  • 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:

  • U.S. Guaranty means (a) the guaranty made by the Parent Borrower, Holdings and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b)(i) and (iii) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit F-1 and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.11(a)(i).

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Reaffirmation Agreement means that certain Reaffirmation Agreement, dated as of the date hereof, between the Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the Lenders and the other holders of the Secured Obligations.

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, by the Performance Guarantor in favor of the Administrative Agent for the benefit of the Secured Parties, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. Form 715 Planning Criteria: “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit B to the Guarantee and Security Agreement between the Collateral Agent and an entity that pursuant to Section 5.08 is required to become a “Subsidiary Guarantor” under the Guarantee and Security Agreement (with such changes as the Administrative Agent shall request consistent with the requirements of Section 5.08).

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.