Foreign Guarantor definition

Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.
Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.
Foreign Guarantor means each Subsidiary Guarantor that is a Foreign Subsidiary.

Examples of Foreign Guarantor in a sentence

  • The entity providing a Foreign Guaranty on behalf of a Participant is a Foreign Guarantor.

  • Must be rated by at least one Rating Agency acceptable to PJMSettlement; the credit strength of a Foreign Guarantor may not be determined based on an evaluation of its financials without an actual credit rating as well.

  • Must be rated by at least one Rating Agency acceptable to PJM; the credit strength of a Foreign Guarantor may not be determined based on an evaluation of its audited financial statements without an actual credit rating as well.

  • Notwithstanding anything to the contrary set forth in this Agreement, no Foreign Guarantor shall have any liability with respect to a Revolving Credit Loan made to a Domestic Loan Party, any Letters of Credit issued for the account of a Domestic Loan Party or other Obligation for which a Domestic Loan Party is the primary obligor.

  • Each of the Foreign Guarantors agrees that such Foreign Guarantor shall have no right of subrogation, indemnity, reimbursement or contribution against the Foreign Borrower, the Domestic Borrower or any other Guarantor for amounts paid under this Article X until such time as the Obligations have been paid in full and the Commitments have expired or terminated.


More Definitions of Foreign Guarantor

Foreign Guarantor is defined in Section 7.3(D)(v).
Foreign Guarantor means any Guarantor that is organized or existing under the laws of, or otherwise treated as resident for tax purposes in, a jurisdiction other than the United States, any state thereof or the District of Columbia.
Foreign Guarantor means each of the European Borrower (in its capacity as a guarantor under the Guaranty), together with any other Foreign Subsidiary of Parent that executes and delivers to the Administrative Agent a Guaranty.
Foreign Guarantor means (i) the Parent Entity (other than with respect to its own obligations), so long as the Parent Entity is not organized under the laws of the United States, any State thereof or the District of Columbia, (ii) any Foreign Borrower (other than with respect to its own obligations) and (iii) any Foreign Subsidiary of the Parent Entity that directly owns Equity Interests of the U.S. Parent Borrower.
Foreign Guarantor means each Credit Party that is not existing under the laws of Canada or any province or territory thereof or under the laws of the United States or any state therein;
Foreign Guarantor means each Foreign Subsidiary which executes and delivers a Foreign Subsidiary Guarantee.
Foreign Guarantor means any Original Foreign Guarantor and any Additional Foreign Guarantor.