Cross-Guaranty definition

Cross-Guaranty has the meaning given in Section 2.14 and includes, without limitation, a guaranty made by each Borrower in favor of Bank pursuant to Section 2.14, among other things, guaranteeing all of the Obligations of the other Borrower.
Cross-Guaranty means that certain Cross Guaranty Agreement of even date herewith made by Cross Borrower in favor of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Cross-Guaranty has the meaning given in Section 11.1(b).

Examples of Cross-Guaranty in a sentence

  • Each Borrower hereby: (i) ratifies and reaffirms the Cross-Guaranty and (ii) acknowledges and agrees that no Borrower is released from its obligations under the Cross-Guaranty by reason of this Amendment or the other Loan Documents and that the obligations of each Borrower under the Cross-Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Amendment and other Loan Documents.

  • The term "Limited Cross-Guaranty Agreement" means an agreement, between the Corporation and one or more other clearing corporations (as defined in Section 3(a) of the Securities Exchange Act of 1934, as amended) and/or one or more clearing organizations (as defined in Regulation §1.3(d) under the Commodity Exchange Act, as amended), relating to the cross-guaranty by the Corporation and the other party or parties of certain obligations of a suspended Common Member to the parties to the agreement.

  • Cross-Guaranty Obligation The term “Cross-Guaranty Obligation” shall mean the obligation of a Member to the Corporation pursuant to Rule 25.

  • The term "Common Member" means a Clearing Member that is concurrently a member or participant of a Cross-Guaranty Party.

  • Pursuant to a Cross-Collateralization, Cross Default and Cross-Guaranty Agreement dated as of June 13, 2013, the Spectrum Borrowers guaranteed the obligations of Spectrum Manchester Realty, LLC (“ Spectrum Manchester Realty”) under a Credit and Security Agreementdated as of February 22, 2011 (as amended, restated, or otherwise modified from time to time), in relation to a term loan to Spectrum Manchester Realty in the amount of $10,500,000.

  • The table would list the link, the link category (i.e., CCP Cross-Margining or Cross-Guaranty Arrangements), and a brief description.

  • To the extent that a Defaulting Member is a Cross-Guaranty Defaulting Member, the Corporation shall apply any amounts available under a Cross-Guaranty Agreement either upon receipt or the time described in Section 3(b) of Rule 32.

  • Except as otherwise set forth or reflected in the Financials, no Borrower has guaranteed the obligations of any Person (except for the Cross-Guaranty and by indorsement of negotiable instruments payable at sight for deposit or collection or similar banking transactions in the usual course of Borrowers’ business).

  • Cross-Guaranty Agreement The term “Cross-Guaranty Agreement” shall mean any netting contract, limited cross- guaranty, or similar agreement between the Corporation and (i) any Clearing Organization, or (ii) any other domestic or foreign clearinghouse, clearing association, clearing corporation or similar organization.

  • Pursuant to the MidCap Cross-Guaranty Agreement, the Real Estate Entity’s obligations under the MidCap Manchester Realty Credit Agreement are guaranteed by the Spectrum Revolving Borrowers.


More Definitions of Cross-Guaranty

Cross-Guaranty. “Cross Lender”, “Cross Loan”, “Cross Loan Agreement”, “Cross Mortgage” and “Cross Security Agreement” are hereby deleted in their entirety from Section 1.1 of the Loan Agreement.
Cross-Guaranty shall have the meaning assigned to such term in Section 2.13(b).
Cross-Guaranty has the meaning specified in Section 8.02.
Cross-Guaranty has the meaning set forth in Section 5.
Cross-Guaranty means a Guarantee Obligation undertaken or incurred by Guarantor with respect to any Other UTSI Group Debt.
Cross-Guaranty is that certain Cross-Corporate Continuing Guaranty, dated on or about the Effective Date, executed and delivered by each Borrower in favor of Bank relative to each other Borrower.

Related to Cross-Guaranty

  • 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.

  • U.S. Guaranty means (a) the guaranty made by the Parent Borrower, Holdings and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b)(i) and (iii) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit F-1 and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.11(a)(i).

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • 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.

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • 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.

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

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

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. Form 715 Planning Criteria: “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • 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.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Loan Guaranty means Article X of this Agreement.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • 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.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

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

  • Limited Guarantee has the meaning set forth in the Recitals.