Collateral Guarantee definition

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

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;

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.

• The occurrence of any Event of Default and/or the making of any demand under clause 2.1 of the Collateral Guarantee shall be proved by a written certificate signed by an authorised officer of the Agent and delivered to the Owner.

• 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.

• The provisions of clause 8 of the Collateral Guarantee shall apply mutatis mutandis in respect of any certificate, notice, demand or other communication given or made under this Mortgage.

• This Deed shall be read together with the Loan Agreement and the Collateral Guarantee but in case of any conflict between this Deed and either of the said two instruments, the provisions of the Loan Agreement or (as the case may be) the Collateral Guarantee shall prevail.

More Definitions of Collateral Guarantee

Collateral Guarantee means each guarantee required to be executed hereunder by the Collateral Guarantors in such form as the Bank may agree or require and in the plural means both of them;

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

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 each one of them;

Collateral Guarantee means each unconditional, irrevocable and on demand guarantee of the obligations of the Borrower under the Existing Loan Agreement and the Master Agreement (as therein defined) required to be executed by the Owners in favour of the Security Trustee (as therein defined);

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.

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