Guaranteed Equity definition

Guaranteed Equity means the total stockholders equity as expressed in the Fair Market Values.
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Guaranteed Equity means Equity as at December 31, 1997, of not less than $900,000 at an exchange rate of NLG 2 (two Netherlands guilders) = $1, calculated in accordance with GAAP applied on a consistent basis with the Financial Statements.
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Guaranteed Equity means Seventy-Six Million United States Dollars (US$76,000,000).
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Examples of Guaranteed Equity in a sentence

  • If at any time the Guaranteed Equity Contributor fails to timely pay any Guaranteed Obligation, any time after proper demand by the Collateral Agent in accordance with the terms of the Equity Funding Agreement and expiration of any applicable cure period under the Equity Funding Agreement the Borrower or the Collateral Agent may give written notice of such default to the Equity Contributor Guarantor and demand payment of such Guaranteed Obligation under this Guaranty.

  • Guaranteed Equity Bonds - single premium life endowment products with a fixed term of five to six years.

  • The Guaranteed Equity Consideration and the Earnout Equity Consideration to be issued pursuant to this Agreement will be issued at Closing, free and clear of liens, claims, and encumbrances, and Purchaser has all necessary right and power to issue the Shares to the Members as provided in this Agreement without the consent or approval of any person, firm, corporation, or governmental authority.

  • Lender agrees to review each Draw Package submitted by Borrower within ten (10) days of receipt thereof and, if such Draw Package is acceptable, to acknowledge in writing Lender’s acceptance of such Draw Package and the aggregate amount by which the Guaranteed Equity Contribution is reduced as a result of the costs evidenced by the Draw Package.

  • If any portion of the Death Benefit described in your Contract is derived from the Guaranteed Equity Option, then that portion of the Death Benefit shall equal the sum of the values of all current Guaranteed Funds.

  • Guaranteed Equity Fixed Account Option Rider This rider has been attached to and made a permanent part of your Contract as of the original Contract Date.

  • In the event the Company elects to omit the preparation of the Closing Statement and its submission to ▇▇▇▇▇▇▇, such omission shall be deemed conclusive evidence that the Company accepts the Equity being equal to the Guaranteed Equity and the remainder of this Section 2.6 shall be void and of no effect.

  • The Guaranteed Equity Contribution shall be reduced dollar-for-dollar by the costs paid by Borrower from equity toward completion of the Renovations, subject to Lender’s receipt from Borrower of evidence reasonably acceptable to Lender of the payment of such costs, including contractor draw applications, invoices, lien waivers and certification from Lender’s inspecting architect (the “Draw Package”).

  • Aetna Income Shares Aetna Guaranteed Equity Trust Aetna Variable Fund The purpose of this memorandum is to clarify certain technical items which appear in the text of the recently executed custodian agreements ("Agreements") between Mellon Bank, N.A. and Aetna Life Insurance and Annuity Company ("ALIAC") and the various mutual funds for which ALIAC serves as investment adviser ("ALIAC Funds"), respectively.

  • Funded Variable Deferred Annuity Contract Nonparticipating [THE GUARANTEED EQUITY FIXED ACCOUNT OPTION DOES NOT PROVIDE CASH SURRENDER VALUES PRIOR TO THE END OF THE GUARANTEED PERIOD] (appears only in states where Guaranteed Equity Option is allowed) TABLE OF CONTENTS Index Page No.

Related to Guaranteed Equity

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness below guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement, made primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss,

  • Guaranteed Indebtedness means, as to any Person, any obligation of such Person guaranteeing, providing comfort or otherwise supporting any Indebtedness, lease, dividend, or other obligation (“primary obligation”) of any other Person (the “primary obligor”) in any manner, including any obligation or arrangement of such Person to (a) purchase or repurchase any such primary obligation, (b) advance or supply funds (i) for the purchase or payment of any such primary obligation or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet condition of the primary obligor, (c) purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, (d) protect the beneficiary of such arrangement from loss (other than product warranties given in the ordinary course of business) or (e) indemnify the owner of such primary obligation against loss in respect thereof. The amount of any Guaranteed Indebtedness at any time shall be deemed to be an amount equal to the lesser at such time of (x) the stated or determinable amount of the primary obligation in respect of which such Guaranteed Indebtedness is incurred and (y) the maximum amount for which such Person may be liable pursuant to the terms of the instrument embodying such Guaranteed Indebtedness, or, if not stated or determinable, the maximum reasonably anticipated liability (assuming full performance) in respect thereof.

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Guaranteed loan means a Student Loan which is Guaranteed.

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.