Cross Guarantee definition

Cross Guarantee means any guarantee or indemnity (or other covenant to secure satisfaction of any payment or obligation) given by a Controlled Entity of JHISE to secure satisfaction of any payment or obligation of any Controlled Entity of JHISE to a Lender which is entitled or becomes entitled to the benefit of the Intercreditor Deeds in accordance with clause 2.2 of that deed.

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Cross Guarantee has the meaning given to it in the Final Funding Agreement.

Cross Guarantee means the guarantee to be executed by the Borrower, the Sister Company and the Shareholder in favour of the Security Agent for itself and as trustee for the Secured Parties in accordance with Clause 7.1(xi);

Examples of Cross Guarantee in a sentence

• The Cross Guarantee, therefore, constitutes a connected transaction for the Company under Chapter 14A of the Listing Rules.

• The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture, any guarantee under the Cross Guarantee Agreement, if any, or the Notes, it shall not be accountable for the Issuer’s use of the proceeds from the Notes, and it shall not be responsible for any statement of the Issuer, in this Indenture or in any document issued in connection with the sale of the Notes or in the Notes other than the Trustee’s certificate of authentication.

• These bonds, as well as the Notes, are guaranteed under a Cross Guarantee Agreement entered into on 21 May 2007 between the Issuer, Delhaize America, Inc., Food Lion, LLC, Hannaford Bros.

• As each of the applicable percentage ratios under Rule 14.07 of the Listing Rules for the Cross Guarantee is less than 5%, the Cross Guarantee is not a notifiable transaction under Chapter 14 of the Listing Rules.

• An Independent Board Committee has been established to advise the Independent Shareholders on the 2022 Cross Guarantee Agreement and the transactions contemplated thereunder.

• ConAgra shall release or cause to be released (i) all Liens held by ConAgra or any Subsidiary thereof encumbering the assets of any Acquired Company and (ii) any guarantees by any Acquired Company of indebtedness or other obligations of ConAgra or any Subsidiary of ConAgra other than any guarantees arising under the Deed of Cross Guarantee referred to in Section 2.1.22 below.

• Due to common directorships, the said Directors have abstained from voting on the resolution approving the Cross Guarantee.

• The Seller is a limited partnership duly organized and validly existing under the laws of the State of Texas and has full power, authority and legal right to own its properties and conduct its business, as presently owned or conducted and as is proposed to be conducted under this Agreement and the Cross-Guarantee Agreement, and to execute, deliver and perform its obligations under this Agreement and the Cross- Guarantee Agreement.

• The transactions under the Cross Guarantee Agreement became continuing connected transactions of the Company following the Company’s acquisition of 51% interest in Shanghai Urban Development in November 2011.

• Holdco agrees, from and after the Closing Date, to indemnify and hold harmless each of the ConAgra Indemnified Parties from and against all ConAgra Indemnified Costs which any ConAgra Indemnified Party may sustain, or to which any ConAgra Indemnified Party may be subjected, as a result of any Debt (as defined in the Deed of Cross Guarantee) incurred by Australia Operating Company and/or Burcher Pty.

More Definitions of Cross Guarantee

Cross Guarantee means the Guarantee executed in favor of the Agent pursuant to Section 5.1(a), substantially in the form of Exhibit E.

Cross Guarantee means a guarantee given by the Company and SMTEK Europe Limited jointly in favour of Ulster Bank Limited whereby the Company and SMTEK Europe Limited have given mutual or cross guarantees to said Bank in respect of indebtedness of each of them;

Cross Guarantee means, in respect of a proposed New Borrower, a guarantee and indemnity in such form and on such terms as the Facility Agent may require whereby each Borrower (including the proposed New Borrower) guarantees to each Financier the obligations of each other Borrower under the other Transaction Documents.

Cross Guarantee a guarantee up to HKD470,000,000 in respect of the HSBC Loan

Cross Guarantee the cross guarantee arrangement between ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ and JinBei pursuant to the Cross Guarantee Agreement;

Cross Guarantee means a Guarantee Agreement in the form of EXHIBIT D hereto delivered by each of the Cross Guarantors.