Cross Guarantees definition

Cross Guarantees means the Guarantees by the Guarantor or its Subsidiaries of obligations of the T Borrower or the E Borrower or their respective subsidiaries that are listed on Schedule 5.09, to the extent that the direct obligor with respect to the obligations covered by such Guarantee guarantees or is otherwise obligated to the payments of such guaranteed obligations for the benefit of the Guarantor or such Subsidiary.
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Cross Guarantees means the Guarantees by the Guarantor or its Subsidiaries of obligations of Tyco Electronics Ltd. or Covidien International Finance S.A. and their respective subsidiaries that are listed on Schedule 5.09, to the extent that the direct obligor with respect to the obligations covered by such Guarantee guarantees or is otherwise obligated to the payments of such guaranteed obligation for the benefit of the Guarantor or such Subsidiary.
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Cross Guarantees means the Guarantees by the Parent or its subsidiaries (i) that remain in effect after the consummation of the 2012 Separation Transactions of obligations of ADT and Flow PubCo and their respective subsidiaries that are listed on Schedule 5.09 or (ii) of obligations of Tyco Electronics Ltd. or Covidien International Finance S.A. and their respective subsidiaries that are listed on Schedule 5.09, in each case, to the extent that the direct obligor with respect to the obligations covered by such Guarantee guarantees or is otherwise obligated to the payments of such guaranteed obligation for the benefit of the Parent or such subsidiary.
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Examples of Cross Guarantees in a sentence

  • The Obligors have obtained all necessary consents, approvals and authorisations in the United Kingdom and Australia in connection with the establishment of the Programme and, to the extent relevant, the Guarantees relating to the Programme and the Cross Guarantees.

  • If this is not the case our fees will exceed the indicated amount.Please note the following assumptions:• The scale above does not anticipate any requirements there maybe for documents or deal structures outside those normal for a standard conveyancing transaction -e.g. Subordination Deeds, Cross Guarantees, Share Purchase Agreements or foreign company borrowers.

  • Cross Guarantees: If Investors had an individual or collective investment that constituted a majority interest in more than one insured depository institution, the Proposed Policy Statement required them to pledge to the FDIC their interest in each institution to cover losses to the Deposit Insurance Fund caused by the failure of such insured depository institution(s) or by the FDIC’s provision of assistance to such institutions.

  • Cross Guarantees of Payment/Cross Guarantees of Collection The baseline contract rule in most jurisdictions is that if the contract does not specify otherwise, lender has an absolute guarantee of payment and may enforce first against either A or B.

  • The questions arising concern how the above can be achieved, the steps to be taken by the central government and the identification of the services, features and initiatives that need to be undertaken by Local Administration Authorities so that they can handle the additional responsibilities of their upgraded role.

  • J Hill, “Corporate Groups, Creditor Protection and Cross Guarantees: Australian Perspectives” in The Canadian Business Law Journal Vol 24 No 3 (February 1995) 321 at 352.

  • Cross Guarantees of Payment/Cross Guarantees of Collection 2743 introduction Legal scholars have only a basic understanding of dynamic corporate groups.

  • The respective parties shall cause the Cross Guarantees to be terminated, effective as of the Closing Date.

  • Cross Guarantees between L K Global Healthcare Systems (UK) PLC and Briter Computer Systems Ltd., by deeds dated 3rd October 1995.

  • Cross Guarantees between L K Global Healthcare Systems (UK) PLC and Advanced Medical Computer Systems Ltd., by deeds dated 16th October 1995.


More Definitions of Cross Guarantees

Cross Guarantees means the agreements between the Company, FICC and certain of DTCC’s other operating subsidiaries, dated on or prior to the Outside Date, providing for a limited guaranty of the obligations of an entity that is a member of more than one signatory clearing organization and applicable in the event of a default of such Member to one or more such clearing organizations.
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Cross Guarantees means that certain global guarantee agreement dated January 11, 2008, as amended, with Carbonics and Greenshift each as guarantor thereunder, pursuant to which Carbonics has guaranteed certain obligations of Greenshift and Greenshift has guaranteed certain obligations of Carbonics.
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Cross Guarantees shall have the meaning set forth in Section 6.1.
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Cross Guarantees means the guarantee and indemnity contained in Clause 8 of the First Global Amendment Deed given by each Owner to the Seller. Effective Date means the date (using London time) on which the Effective Time occurs. Effective Time has the meaning given to it in Clause 4.2. Environmental Claim means, in respect of a Rig, an "Environmental Claim" as defined in the Mortgage relating to that Rig. Environmental Incident means, in respect of a Rig, an "Environmental Incident" as defined in the Mortgage relating to that Rig. Financial Indebtedness means any indebtedness for or in respect of: (a) moneys borrowed; (b) any amount raised by acceptance under any acceptance credit facility or dematerialised equivalent; (c) any amount raised pursuant to any note purchase facility or the issue of bonds, notes, debentures, loan stock or any similar instrument; (d) the amount of any liability in respect of any lease or hire purchase contract which would, in accordance with the Approved Accounting Principles, be treated as a finance or capital lease; (e) receivables sold or discounted (other than any receivables to the extent they are sold on a non-recourse basis); (f) (g) any amount raised under any other transaction (including any forward sale or purchase agreement) of a type not referred to in any other paragraph of this definition having the commercial effect of a borrowing; any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price (and, when calculating the value of any derivative transaction, only the marked to market value (or, if any actual amount is due as a result of the termination or close out of that derivative transaction, that amount) shall be taken into account); (h) any counter-indemnity obligation in respect of a guarantee, indemnity, bond, standby or documentary letter of credit or any other instrument issued by a bank or financial institution; and (i) the amount of any liability in respect of any guarantee, indemnity or similar assurance against financial loss in respect of any of the items referred to in paragraphs (a) to (h) above. First Global Amendment Deed means the Original Global Amendment Deed as amended by the Side Deed, the Amendment Side Deed and, where the context requires, this Deed. Further Mortgage Amendment means, in respect of a Rig, an amendment to the Mortgage on that Rig in a form which is appropriate under the law of that Rig's flag state to: (a) reflect the changes to ...
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Cross Guarantees the guarantees and/or cross guarantees given by any member of the Group in respect of the payment obligations of any Person(s) other than members of the Group, which are set forth in Schedule 15; "DEED OF TAXATION INDEMNITY" the deed of taxation indemnity to be signed by the Vendor in favour of the Company for itself and on behalf of and as trustee for each other member of the Group and their successors in the form set out in Schedule 10;
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Related to Cross Guarantees

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Note Guarantees means the Guarantees of the Initial Notes and any Additional Notes.

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Securities Guarantees means the Common Securities Guarantee and the Preferred Securities Guarantee.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.

  • Note Guarantee means the Guarantee by each Guarantor of the Issuer’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Other Common Securities Guarantees shall have the same meaning as "Other Guarantees" in the Common Securities Guarantee.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Collateral Agreement means the Collateral Agreement among the Borrower, each other Loan Party and the Administrative Agent, substantially in the form of Exhibit D.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Guarantees As defined in the preamble hereto.

  • Guarantee Agreement means the Guarantee Agreement executed by the Company and Wilmington Trust Company, as Guarantee Trustee, contemporaneously with the execution and delivery of this Indenture, for the benefit of the holders of the Preferred Securities, as modified, amended or supplemented from time to time.

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Guarantee means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations.

  • Corporate Guarantee means a guarantee 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;