Guarantee Claim definition

Guarantee Claim means a Claim against the Debtors on account of a Guarantee (other than the Canadian Senior Unsecured Note Guarantee Claim).

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Guarantee Claim means a Claim against a Debtor arising pursuant to a guarantee of the obligations of any Obligor Debtor valid under applicable law.

Guarantee Claim means a Claim against the Debtors on account of a Guarantee.

Examples of Guarantee Claim in a sentence

To the extent the holder of an Allowed Guarantee Claim (other than Senior Note Claims) receives a Plan Distribution from a Guarantor Debtor and/or its Estate, and except as provided below, such Guarantor Debtor shall be subrogated to the rights of the holder of such Allowed Guarantee Claim to collect and receive a Plan Distribution on account of such Claim from the Obligor Debtor and/or its Estate under the Plan.
Buyer shall provide Seller with all correspondence and other documentation received from, or produced by, Buyer or any third party pursuant to resolution of the Guarantee Claim.
Buyer shall attempt to resolve the Guarantee Claim, provided, however, that Buyer shall receive the prior written consent of Seller regarding the terms and conditions of any proposed resolution by Buyer of a Guarantee Claim before Buyer submits such resolution, which consent shall not be unreasonably withheld.
Each Holder of an Allowed HHN Notes Guarantee Claim is conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.
On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such Claim, each Holder of an Allowed HHN Notes Guarantee Claim shall receive payment in full in Cash of the Allowed amount of such Claim against Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC.

More Definitions of Guarantee Claim

Guarantee Claim means a Claim against the Filing Entities on account of a Guarantee.

Guarantee Claim has the meaning given to it in Clause 6.2; “Indemnifying Party” has the meaning given to it in Clause 22.2;

Guarantee Claim shall have the meaning assigned to such term in Section 11.11.

Guarantee Claim means any Claim against Adfitech arising from or under any agreement of Adfitech guaranteeing the obligations of any of the TMST Debtors.

Guarantee Claim. As defined in Section 8.4(e) of the Pooling Agreement.

Guarantee Claim means claims arising from the Debtor's guarantee of the obligations of its subsidiaries to creditors for loans advanced and/or goods and services supplied to the subsidiaries.

Guarantee Claim means an unsecured claim of $500,000 (United States dollars) pursuant to the Guarantee representing the principal amount of the guarantee thereunder;