Deemed Guarantor definition

Deemed Guarantor shall have the meaning set forth in the definition of "Guaranty Equivalent" in this Section 1.01.
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 as defined in the termGuarantee Equivalent”.

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."

Related to Deemed Guarantor

  • Guarantor means: .............................................................................................................................................

  • Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • 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: