Debt Guaranty definition
Examples of Debt Guaranty in a sentence
The parties acknowledge that the CEC guaranty of Tenant’s first lien debt as of the effective date will contain certain covenants of CEC and its subsidiaries in respect of the transfer or other disposition of assets, as well as other matters, all as more particularly outlined in the CEC Guaranty and Pledge Agreement Covenants term sheet (such covenants or any similar or other covenants in respect of the Opco first lien debt or any subsequent refinancing thereof, the “Opco Debt Guaranty Covenants”).
On the Effective Date, at the election of the Plan Debtors, the holders of allowed Project Level Debt Guaranty Claims shall receive a replacement guaranty or such other treatment under the Plan as contemplated by the Confirmed Plans.
Schedule 7.1(t) is a complete and correct listing of all Debt, Guaranty Obligations and Bonding Obligations of the Borrower and its Restricted Subsidiaries as of the date set forth on such Schedule 7.1(t) in excess of $1,000,000.
OpCo Debt Guaranty New CEC to provide guarantee of OpCo debt as per Modified Plan in the form as set forth in Annex VI hereto.
Until the prior payment in full in cash or termination of all commitments to lend or otherwise advance credit of all Senior Debt Guaranty Obligations and all Existing Senior Debt, no amendment, modification, or waiver of any provision of this Article VIII shall in any event be effective without the prior written consent of the Agents.
The sole purposes of the Company are to (i) own and dispose of and operate the Property, to (ii) enter into and perform under the Debt Guaranty Agreement and, to the extent provided therein, the VNPP Loan and the Loan Documents, and to (iii) engage in any lawful act or activity that is related or incidental to the above-stated purposes.
All corporate and other action necessary and/or advisable to effect the sale, transfer and assignment of the Finance Agreements contemplated by the B▇▇▇ of Sale and Debt Guaranty Agreement, (and any such similar subsequent agreement arising in connection with the subsequent sale, transfer or assignment of any Finance Agreement required herein) shall have been taken or made on or before the execution and delivery of the B▇▇▇ of Sale and Debt Guaranty Agreement and each such similar subsequent agreement.
In connection with the foregoing, each ROFO Buyer must offer any such Lender a reasonably creditworthy replacement guarantor to provide replacements for such ROFO Buyer’s ROFO Buyer Pro Rata Share of liabilities under any Partner Debt Guaranty with respect to liabilities first accruing from and after the ROFO Closing.
All references in the Note to the terms "Deed to Secure Debt", "Guaranty", "Other Notes", "Loan Documents", or "Indemnity Agreement" or to any individual document constituting a Loan Document, shall be deemed to include the modifications thereto effected by the Modification Agreement, together with any modifications, renewals or extensions hereafter made with respect thereto.
Any instrument at any time evidencing the Loans, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt Guaranty Obligations and the Existing Senior Debt and subject to the terms and conditions of this Article VIII, and after being so marked certified copies thereof shall be delivered to the Agents.