Examples of Collateral Guarantee in a sentence
The public sector involvement is usually needed to supply credit guarantees in sufficient amounts. Collateral Guarantee Facility.Two banks participate in the loan guarantee activity: Republic Bank Limited and Guyana Bank for Trade and Industry (GBTI).
Program design should have considered ways for enabling SBDFT to obtain liquidity, such as allowing the Collateral Guarantee Facility of Component 1 to guarantee funding by a bank of the SBB-approved loan portfolio of SBDFT.
The Borrower shall procure that the Guarantor shall without the consent of the Agent be permitted to declare or pay Dividends or make any distribution provided that (a) no Event of Default has occurred and is continuing and (b) the Guarantor is in compliance with its financial covenants contained in clause 6.8 of the Guarantee, (c) the Other Borrower is in compliance with clause 6.8 of the Collateral Guarantee and (d) the Borrower is in compliance with all the covenants contained in this Agreement.
For the pourposes of the Foreclosure of the Collateral Guarantee established in Clause 4.2 of this Indenture, the execution of the deliberations of the General Meetings of Debenture Holders shall always observe the terms of the Intercreditor Agreement.
Guarantee Pursuant to the terms of the Collateral Guarantee, the Collateral Guarantor irrevocably and unconditionally guaranteed the due and punctual performance by the Collateral Obligor of all of its obligations, and the Collateral Guarantor agreed to pay, or cause to be paid, on demand and without deduction of any sums or sums which are not duly and punctually paid by the Collateral Obligor.