Deemed Guarantor definition
Deemed Guarantor as defined in the term “Guarantee Equivalent”.
Deemed Guarantor means a Person who is deemed subject to a Guarantee in respect of any Assured Obligation of another Person (the “Deemed Obligor”) because such Person directly or indirectly guarantees, becomes surety for, endorses, assumes, agrees to indemnify the Deemed Obligor against, or otherwise agrees, becomes or remains liable (contingently or otherwise) for, such Assured Obligation.
Deemed Guarantor shall have the meaning set forth in the definition of "Guaranty Equivalent" in this Section 1.01.
More Definitions of Deemed Guarantor
Deemed Guarantor means a Person who is deemed subject to a Guarantee in respect of any Assured Obligation of another Person (the “ Deemed Obligor ”) because such Person directly or indirectly guarantees, becomes surety for, endorses, assumes, agrees to indemnify the Deemed Obligor against, or otherwise agrees, becomes or remains liable (contingently or otherwise) for, such Assured Obligation.
Deemed Guarantor shall have the meaning given that term in the definition of the term "Guaranty Equivalent."