Collateral Guarantee definition

Collateral Guarantee means the guarantee and indemnity referred to in Clause 10.1.9 (Security Documents).

Collateral Guarantee means the irrevocable and unconditional limited liability guarantee of the Collateral Owner given or, as the case may be, to be in favour of the Bank, as security of part of the Outstanding Indebtedness and any and all other obligations of the Borrowers hereunder up to the Guaranteed Amount , in such form as the Bank may reasonably require or approve”

Collateral Guarantee means the guarantee to be given by the Collateral Owner in such form as the Lender may approve or require;

Examples of Collateral Guarantee in a sentence

• No margin money should be taken for loan up to ₹ 50,000 and for higher amount loans, preferably 5% should be taken as margin money and it should in no case be more than 10% of the project cost.7.7 Collateral Guarantee on Bank Loan: No collateral guarantee is required.

• Each Mortgagee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretions vested in it by this Deed, the Collateral Guarantee, the Loan Agreement, the Master Swap Agreements, the Mortgage (including the power vested in it by clause 13 of the Mortgage) or any of the other Security Documents in such manner, upon such terms, and to such persons as such Mortgagee in its absolute discretion may think fit.

• The Manager hereby acknowledges that it has seen and has reviewed the Loan Agreement, the Collateral Guarantee and the other Security Documents and agrees to abide by and to observe the provisions thereof insofar as the same are applicable to it as therein provided.

• Non presentation in time of any document, non payment in time of any amount due under the Collateral Guarantee, the Loan Agreement and/or the Master Swap Agreements and/or under any of the other Security Documents to the Mortgagees or any of them will be proved fully and conclusively by the mere passage of time or, alternatively, by a written certificate signed by an authorised officer of the Agent.

• Each Mortgagee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretions vested in it by the Collateral Guarantee or this Mortgage (including the power vested in them by virtue of clause 13) or any of the other Security Documents in such manner, upon such terms, and to such persons as such Mortgagee in their absolute discretion may think fit.

More Definitions of Collateral Guarantee

Collateral Guarantee means the corporate guarantee executed or (as the context may require) to be executed by the Collateral Owner in favour of the Secured Creditors in the form set out in schedule 4;

Collateral Guarantee means a guarantee and indemnity to be executed by the Collateral Guarantor in favour of the Lender in form and substance acceptable to the Lender in all respects.

Collateral Guarantee means, in respect of each Collateral Owner, a collateral guarantee executed or, as the context may require, to be executed by that Collateral Owner of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party in the Agreed Form;

Collateral Guarantee means the corporate guarantee mentioned in Recital (G) hereto as the same is amended and/or supplemented from time to time;

Collateral Guarantee means each one of them;

Collateral Guarantee means a guarantee given by the Collateral Guarantor in respect of the Collateral Obligor’s payment obligations under a Collateral Item.

Collateral Guarantee means the guarantee by Kleimar of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party in agreed form.