FCG Guarantee definition

FCG Guarantee means the State's guarantee provided by (i) Italian law No. 662 of 23 December 1996 which established the Fondo di Garanzia del Mediocredito Centrale and (ii) by article 56, Italian Law Decree n. 18 of 17 March 2020 (as amended by Italian law No. 27 of 24 April 2020) and/or by Italian Law Decree No. 23 of 8 April 2020 (as amended by Italian Law No. 40 of 5 June 2020).
FCG Guarantee means the FCG's guarantee established by Italian law No. 662 of 23 December 1996.
FCG Guarantee means the FCG's guarantee provided under the Italian law No. 662 of 23 December 1996 which established the Mediocredito Centrale Guarantee Fund and under the provisions of Article 56 of Decree Law no. 18 of March 17, 2020 (as converted by Law no. 27 of April 24, 2020) and/or Decree Law no. 23 of April 8, 2020 (as converted by Law no. 40 of June 5, 2020).

Related to FCG Guarantee

  • Qualifying Guarantee means an arrangement evidenced by a written instrument pursuant to which a Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”). Qualifying Guarantees shall exclude any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment). The benefit of a Qualifying Guarantee must be capable of being delivered together with the delivery of the Underlying Obligation.

  • Note Guarantee means the Guarantee by each Guarantor of the Issuer’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Subsidiary Guarantee means a Guarantee by a Subsidiary Guarantor of the Company’s obligations with respect to the Securities.

  • Non-Paying Guarantor has the meaning assigned to such term in Section 10.11.

  • Loan guarantee means any State or federal government