DEFICIENCY GUARANTEE definition
DEFICIENCY GUARANTEE means the Deficiency Guarantee Agreement, dated June 5, 2001, between the Manufacturer and Beneficiary.
DEFICIENCY GUARANTEE means the deficiency guarantee [Ausfallsbürgschaft] granted by the Federal Republic of Germany and the German federal state of ▇▇▇▇▇▇▇▇▇▇▇ in accordance with the Federal/State Guarantor Decision [Bürgschaftsentscheidung] with respect to this Agreement for 70% of the total amount of the Facility. Differential has the meaning given to that term in subsection 7.4 b) (Mandatory prepayments).