Guarantee Confirmation definition

Guarantee Confirmation means, in relation to each Existing Owner, a written confirmation by that Existing Owner in the Agreed Form in respect of the guarantee of the Borrowers’ rights, obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents, each as amended, supplemented or, as the case may be, restated by the Deed of Amendment and Restatement) and, in the plural, means all of them;
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Guarantee Confirmation means a confirmation from the Guarantor in respect of the Guarantee in the form set out in Schedule 4. Guarantor means Hertz International Limited. IFRS means international accounting standards within the meaning of IAS Regulation 1606/2002. Increase Date means each date on which the Facility Amount is increased.
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Guarantee Confirmation means the guarantee confirmation entered into by each Original Facility Guarantor confirming that the guarantee obligations owed by it shall remain in full force and effect, notwithstanding the amendments to the Original RCF contemplated under this Agreement, as delivered by the Company to the Facility Agent in accordance with Schedule 1 (Conditions Precedent to the Restatement Effective Date).
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Examples of Guarantee Confirmation in a sentence

  • Following issuance of the finalised Annual Plan, to the extent that a Long-Term User is required to issue a revised Inter-User Guarantee, such Long-Term User shall provide to Terminal Operator within fourteen (14) Days of such Annual Plan issuance (“ Guarantee Confirmation Deadline”), a revised final form of the Inter-User Guarantee in compliance with the requirements under the IUA.

  • Standby L/C without confirmation Simple surety Guarantee Confirmation of financing Contact details of person in charge at principal‘s end: Name:Phone:E-mail: Standby L/C with confirmation Joint and several suretyRisk notice with regard to guarantees payable “on first demand”: Guarantees, Standby Letters of Credit and Sureties payable on first demand include special risks.

  • The Company entered into a deed of guarantee confirmation to become effective as of [the Homologation Date] substantially in the form of Annex M (Form of Deed of Guarantee Confirmation) hereto, pursuant to which the Company acknowledges and reaffirms its undertakings as guarantor with respect to the Existing Lease Agreements specified therein.

  • Should a Long-Term User fail to provide, to the extent required, a final form of Inter-User Guarantee by the Guarantee Confirmation Deadline, then such Long-Term User will lose its right to its TUA Reserved Capacity for the forthcoming Contract Year (such lost TUA Reserved Capacity to be used in the calculation of Unused Capacity); however, the Long-Term User will still be required, pursuant to the TUA, to pay the Capacity Fees for that forthcoming year.

  • Allegheny and Met-Ed shall maintain such records as are necessary to properly support the accuracy of the reported energy deliveries and to support the accountingmethods, costs, and other calculations used to determine transactions under this Agreement.

  • On or about 28 August 2019, Virgin Australia provided a Guarantee Confirmation (as defined in the Guarantee) to the Lessor and the Beneficiary in respect of Engine 888473.

  • When lodging the Guarantee in accordance with regulation 26 (1), a Contractor shall also submit an Environmental Performance Guarantee Confirmation to the Commission, attesting that a Guarantee in the form approved by the Council has been lodged in favour of the Authority.

  • WEIL:\96310999\3\80773.0003 2.7 Guarantee Confirmation Each Guarantor confirms and agrees that, with effect from (and including) the Effective Date, the guarantees and indemnities set out in the Guarantee shall apply and extend to the obligations of each Guarantor arising under the Liquidity Facility Agreement as amended and restated by this agreement.

  • Bank Guarantee Confirmation Email has been received from HDFC Bank Gurgaon dt 15.05.2021.

  • For the avoidance of doubt, the Series C(R) Equipment Notes will not have the benefit of the Guarantee dated as of December 13, 2012, as confirmed and reaffirmed by the Guarantee Confirmation, dated as of June 6, 2013, of American Airlines Group, Inc.


More Definitions of Guarantee Confirmation

Guarantee Confirmation has the meaning given to it in the 2023 Amendment and Restatement Agreement.
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Guarantee Confirmation means a guarantee confirmation to be entered into by HH UK in favor of Agent, in form and substance satisfactory to Agent.
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Guarantee Confirmation means the confirmation dated on or about the date hereof and executed by Frontier and Frontier Holdings in relation to the Guarantees. Indemnitees has the meaning given to that term in Clause 11. Insolvency Event means, in relation to a person, the occurrence of any of the following: (a) such person is unable or admits inability to pay its debts as they fall due or suspends making payments on all or a substantial part of its debts; (b) a moratorium or other protection from its creditors is declared or imposed in respect of all or a substantial part of the indebtedness of such person; (c) any corporate action on the part of such person is, or legal proceedings are, taken (including the making of an application, the presentation of a petition, the filing or service of a notice or the passing of a resolution) in relation to: (i) the suspension of all or a substantial part of the payments, a moratorium of all or a substantial part of the indebtedness, winding- up, dissolution or administration of such person save, in the case of a winding-up, a winding up petition which is discharged, stayed or dismissed within thirty (30) days of its presentation; (ii) the appointment of a liquidator, supervisor, receiver, administrative receiver, administrator, compulsory manager, trustee or other similar officer in respect of such person or all or a substantial part of the assets of such person; or (d) any expropriation, attachment, sequestration, distress or execution affects all or a substantial part of the assets of such person; or (e) any analogous event or circumstance to those described in paragraphs (a) to (d) above occurs in any jurisdiction. International Registry means the registry established pursuant to the Cape Town Convention. Lenders means the banks and financial institutions which are party to the PDP Loan Agreement as lenders from time to time, being as at the date of this Agreement, Citibank, N.A., Xxxxxx Xxxxxxx Senior Funding, Inc., Barclays Bank PLC, Deutsche Bank AG, Natixis, New York Branch, Credit Agricole – CIB. Letter of Release means a letter of release in the form set out in Schedule 2. Loan Event of Default has the meaning given to the term “Event of Default” in the PDP Loan Agreement (a complete list of which “Events of Default” as at the date hereof is set out in Appendix A) [***]. Losses includes all losses, payments, damages, liabilities, claims, proceedings, actions, penalties, fines, duties, taxes, fees, rates, levies, charges, demands or ...
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Related to Guarantee Confirmation

  • guarantee contract means a contract entered into by a person as guarantor;

  • Ratings Confirmation means, with respect to any action proposed to be taken, a written confirmation from each of the Rating Agencies that such action would not result in (i) a reduction of the rating for any Class of Certificates below the then current rating for such Class of Certificates or (ii) a withdrawal or suspension of the rating of any Class of Certificates.

  • Transaction Confirmation means a document, similar to the form of Exhibit A, setting forth the terms of a transaction formed pursuant to Section 1 for a particular Delivery Period.

  • Increase Confirmation means a confirmation substantially in the form set out in Schedule 12 (Form of Increase Confirmation).

  • Booking Confirmation means the written confirmation issued to You by the Company confirming the hire period, price, place of delivery and other key particulars of the booking.

  • Rating Confirmation means evidence that no Senior Bond rating in effect from a Rating Agency will be withdrawn or reduced solely as a result of an action to be taken under the Indenture.

  • Order Confirmation All TIPS Member Agreement orders are approved daily by TIPS and sent to vendor. The Vendor should confirm receipt of orders to the TIPS Member (customer) within 3 business days. • Vendor custom website for TIPS: If Vendor is hosting a custom TIPS website, updated pricing when effective. TIPS shall be notified when prices change in accordance with the award.

  • Purchase Confirmation A letter agreement, substantially in the form of Exhibit B hereto, executed by Countrywide and the Purchaser in connection with the purchase and sale of each Mortgage Loan Package, which sets forth the terms relating thereto including a description of the related Mortgage Loans (including the Mortgage Loan Schedule), the purchase price for such Mortgage Loans, the Closing Date and the Servicing Fee Rate.

  • Trade Confirmation means a notification from the Company’s trading platform to the Client, confirming the Client’s entry into a Transaction.

  • Confirmation Letter means a letter issued by any applicable Rating Agency to the effect that neither (a) the resignation of Provident as Servicer under the Servicing Agreement and appointment of Litton as successor Servicer thereunder, nor (b) the amendments exxxxxxated by this Agreement, will adversely affect the then current ratings on the Certificates then being rated.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Finance Document is either:

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • UK Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document is either:

  • 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:

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Master Forward Confirmation means the Master Confirmation for Issuer Share Forward Sale Transactions, dated as of the date hereof, by and between the Company and the Forward Purchaser, including all provisions incorporated by reference therein.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Confirmation test means a drug or alcohol test on a sample to substantiate the results of a prior drug or alcohol test on the same sample and which uses different chemical principles and is of equal or greater accuracy than the prior drug or alcohol test;

  • Guarantee and Collateral Agreement the Guarantee and Collateral Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time.