Current Guarantor definition

Current Guarantor someone who, immediately before a proposed assignment, is either a guarantor of the Tenant’s obligations under this Lease or a guarantor of the obligations given by a former tenant of this Lease under an AGA;
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Current Guarantor means someone who, immediately before a proposed assignment, is either a guarantor of the Tenant's obligations under this Lease or a guarantor of the obligations given by a former tenant of this Lease under an Authorised Guarantee Agreement;
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Examples of Current Guarantor in a sentence

  • Such Guarantor, (i) in the case of a Current Guarantor, has not changed its legal name during the 6 year period immediately preceding the date hereof, and (ii) in the case of an Additional Guarantor, has not changed its legal name during the 6 year period immediately preceding the date it became a Guarantor hereunder, except as otherwise disclosed on the Supplement delivered by such Additional Guarantor.

  • Such Guarantor (if a Current Guarantor, both immediately before and after giving effect to this Agreement, or, if an Additional Guarantor, immediately before and after giving effect to the Subsidiary Guaranty Addendum pursuant to which it becomes a party to this Agreement) and the transactions contemplated by the Loan Documents is Solvent.

  • If such Guarantor is a Current Guarantor, all of the information with respect to such Guarantor, or any of its Property, set forth on each of the Schedules hereto is true, complete and correct as of the date hereof.

  • If such Guarantor is a Current Guarantor, all of the ----------- information with respect to such Guarantor, or any of its Property, set forth on each of the Schedules hereto is true, complete and correct as of the date hereof.

  • Such Guarantor (if a Current Guarantor, both immediately before and after giving effect to this Guaranty and to all Indebtedness incurred by the Borrower in connection therewith, or, if an New Guarantor, immediately before and after giving effect to the Supplement delivered by such New Guarantor pursuant to which it becomes a party to this Guaranty) is Solvent.

  • New Guarantor (as defined in the Joinder By and Agreement of New Guarantor attached hereto) shall assume the obligations of Current Sponsor Guarantor (as defined in the Current Guarantor Joinder) under the Guaranty pursuant to the Joinder by and Agreement of New Guarantor attached hereto.

  • Any breach of Assumptor, New Guarantor, Borrower or Current Guarantor of any of the representations, warranties and covenants contained herein shall constitute a default (subject to all applicable notice, cure and grace periods) under the Loan Documents.

  • Guarantor will not be responsible or liable for breach of a warranty or representation by Current Borrower and/or Current Guarantor, exclusive of the Environmental Indemnity Agreement.

  • Subject to Section 7.9 of the Purchase Agreement, Buyer agrees to cooperate and use Reasonable Efforts with the Current Guarantors, in their respective efforts, to obtain the prompt and timely release of the Current Guarantor from 80% of its current duties, liabilities and obligations under the Company Guaranty.

  • Lignum agrees that it shall be bound by the Shelf Registration obligations set forth in Section 4 of the Registration Rights Agreement as if it were a Current Guarantor on the date of the Registration Rights Agreement.

Related to Current Guarantor

  • Parent Guarantor has the meaning set forth in the first paragraph of this First Supplemental Indenture.

  • Parent Guarantee means the Note Guarantee of Parent.

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.