Completion Guarantee definition

Completion Guarantee means a guarantee entered into in the ordinary course of business by the Borrower or any of its Subsidiaries with respect to the completion of construction of a Student Housing Property.

Completion Guarantee means a completion guarantee granted by Emera in favour of the Government of Canada under which Emera has guaranteed the performance of the obligations of NSP Maritime Link Inc. to cause the completion of the Maritime Link Project in the circumstances and within the timelines provided for in the Completion Guarantee. The Payment Obligation Agreement (as defined below) and Completion Guarantee collectively satisfy the requirement in the FLG term sheet to deliver the “Emera Guarantee Agreement”;

Completion Guarantee means a completion guarantee, in the customary form accepted by the Administrative Agent or otherwise in form and substance satisfactory to the Administrative Agent, issued by an Approved Completion Guarantor which names the Administrative Agent for the benefit of Lenders as a beneficiary thereof to the extent of the Borrowers' financial interest in an item of Product.

Examples of Completion Guarantee in a sentence

• If applicable, Guarantors to provide the standard FHFC Construction Completion Guarantee; to be released upon lien-free completion as approved by the Servicer.

• Guarantors to provide the standard FHFC Construction Completion Guarantee, to be released upon lien-free completion, as approved by the Servicer.

• If applicable, Guarantors are to provide the standard FHFC Construction Completion Guarantee, to be released upon lien free completion as approved by the Servicer.

• Guarantors are to provide the standard FHFC Construction Completion Guarantee, to be released upon lien free completion as approved by the Servicer.

• If applicable, Guarantors to provide the standard FHFC Construction Completion Guarantee, to be released upon lien-free completion, as approved by the Servicer.

More Definitions of Completion Guarantee

Completion Guarantee means the irrevocable financial guarantee and indemnity to be issued by the Guarantor in favour of the Security Agent in the agreed form and which shall be released in accordance with its terms.

Completion Guarantee shall have the meaning provided in Section 9.7.

Completion Guarantee means the Completion Guarantee, dated as of the date of this Indenture, by the Completion Guarantor in favor of the Trustee.

Completion Guarantee means (x) that certain Completion Guarantee dated as of the date hereof among Stockbridge Real Estate Fund III-A, L.P. and Stockbridge Real Estate Fund III-C, L.P. in favor of KeyCorp Real Estate Capital Markets, Inc., as Administrative Agent and Collateral Agent for the Lenders, in the amount not to exceed $45 million and (y) that certain Completion Guarantee dated as of the date hereof by SBE Entertainment Group, LLC in favor of KeyCorp Real Estate Capital Markets, Inc., as Administrative Agent and Collateral Agent for the Lenders, in the amount not to exceed $5 million.

Completion Guarantee means the Completion Guarantee (as defined in the Existing First Lien Financing Agreement) or any similar guarantee delivered by the Borrower in connection with the First Lien Financing Agreement.

Completion Guarantee means a completion guarantee, in the customary form accepted by the Lender or otherwise in form and substance satisfactory to the Lender, issued by an Approved Completion Guarantor which names the Lender as a beneficiary thereof to the extent of the applicable Credit Party's financial interest in an item of Product.

Completion Guarantee means any completion guarantee relating to the Sunseeker Project furnished by the Borrower or any Restricted Subsidiary.