Cross-Guaranty Agreement definition

Cross-Guaranty Agreement means an agreement between the Clearinghouse and one or more DCOs and/or one or more clearing agencies (as such term is defined in the Exchange Act) related to the cross-guaranty by the Clearinghouse and the other party or parties of certain obligations of a suspended Clearing Member to the parties to such agreement.
Sample 1Sample 2Sample 3
Cross-Guaranty Agreement means that certain Netting Contract and Limited Cross-Guaranty by and among The Depository Trust Company, Emerging Markets Clearing Corporation, Fixed Income Clearing Corporation, National Securities Clearing Corporation and The Options Clearing Corporation dated as of January 1, 2003, as it may be amended or restated from time to time.
Sample 1

Examples of Cross-Guaranty Agreement in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • The Cross-Guaranty Agreement contains arrangements designed to permit transactions to flow smoothly between the DTC system and the CNS system of NSCC, in a collateralized environment.

  • 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 under a Credit and Security Agreement dated 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, LLC in the amount of $10,500,000.

  • As of the Petition Date, on account of its obligations under the MidCap Cross-Guaranty Agreement, the Debtor was indebted to MidCap in the amount of $8,310,878.33.

  • Cross-Guaranty Counterparty The term “Cross-Guaranty Counterparty” shall mean any party, other than the Corporation, to a Cross-Guaranty Agreement.

  • Cross-Guaranty Payment The term “Cross-Guaranty Payment” shall mean any payment, other than a Cross-Guaranty Repayment, that the Corporation makes or receives pursuant to a Cross-Guaranty Agreement.

Related to Cross-Guaranty Agreement

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • 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.

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

  • 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.

  • 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:

  • 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.

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

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

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

  • 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.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Subsidiary to Administrative Agent pursuant to Section 6.14.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • 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.

  • 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.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

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

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • 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.

  • 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.

  • 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.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 7.12.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit A by an entity that, pursuant to Section 8.12(a), is required to become a “Subsidiary Guarantor” hereunder in favor of the Lenders.

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