Guarantee Limitations definition
Guarantee Limitations means, in respect of any Note Obligor and any payments it is required to make in its capacity as a guarantor or as the provider of an indemnity under this Agreement, the Indenture, the Parity Lien Documents or any other Security Documents, the limitations applicable to the obligations of such entity as set out in this Agreement, the Indenture, the Parity Lien Documents or any other Security Document (as applicable).
Guarantee Limitations has the meaning specified in the Guarantee Agreement, as may be supplemented from time to time in accordance with the terms thereof.
Guarantee Limitations includes the meaning of the term “German Guarantee Limitations” in Section 9.09 and “English Guarantee Limitations” in Section 9.10, as may be supplemented or modified from time to time in accordance with the terms thereof.
Examples of Guarantee Limitations in a sentence
The Guaranties, the Security Documents, the determination of Collateral and assets that constitute Excluded Assets of any Foreign Loan Party and each other guaranty and security document delivered or to be delivered under this Agreement, and any obligation to enter into such document or obligation and/or provide security in any Collateral, by any Foreign Loan Party shall be subject in all respects to the Agreed Security Principles and the Guarantee Limitations.
More Definitions of Guarantee Limitations
Guarantee Limitations has the meaning specified in the applicable Guaranty, as may be supplemented from time to time in accordance with the terms thereof.
Guarantee Limitations means, in respect of a Debtor and any payment (each a relevant payment) such Debtor is required to make to a Senior Secured Party in respect of its Guarantee Liabilities under the Secured Debt Documents, the limitations and restrictions applicable to that Debtor as set out in the Original Senior Secured Notes Indenture and any supplemental indenture to the Original Senior Secured Notes Indenture or this Agreement to the extent that such limitations and restrictions would apply to those relevant payments;
Guarantee Limitations has the meaning specified in the Guaranty dated on or about the Funding Date among (amongst others) the Parent and the Administrative Agent, as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Guarantee Limitations means the principle that no Security, guarantee, indemnity or other assurance against loss from any member of the Group in respect of any of the Liabilities shall be required if it could reasonably be expected to give rise to or result in any conflict with or violation of applicable law (or risk of personal or criminal liability for the officers, directors, managers or shareholders of any member of the Group).
Guarantee Limitations means, in respect of (a) a Debtor and any payments it is required to make in its capacity as a guarantor or as the provider of an indemnity under this Agreement, the Senior Secured Facilities Documents, the Pari Passu Debt Documents, the Second Lien Debt Documents or the Additional Unsecured Debt Documents and (b) an Intra-Group Lender and any payments it is required to make under this Agreement, the limitations and restrictions applicable to such entity as set out in this Agreement, the Senior Secured Facilities Document, the Pari Passu Debt Documents, the Second Lien Debt Documents and/or the Additional Unsecured Debt Documents(as applicable).
Guarantee Limitations means, in respect of a Debtor and any payments it is required to make in its capacity as a guarantor or as the provider of an indemnity or under similar obligations (e.g. parallel debt, covenants to pay) under the Senior Secured Finance Documents, the limitations and restrictions applicable to such entity as set out in any Senior Secured Finance Document;
Guarantee Limitations means the guarantee limitations set out in Article VI.