Guaranteed Party definition

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.

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Guaranteed Party means the Borrower and each Subsidiary of the Borrower party to any Interest Rate Protection Agreement or Other Hedging Agreement with one or more Lenders or any affiliate thereof.

Guaranteed Party has the meaning specified in Section 9.01.

Examples of Guaranteed Party in a sentence

Subject to the foregoing, this Guarantee shall be binding upon the successors and assigns of the Guarantor; provided, that (a) no transfer, assignment or delegation by the Guarantor without the consent of the Guaranteed Party shall release such Guarantor from its liabilities hereunder and (b) this Guarantee may be assigned to the Collateral Agent (for the benefit of the Secured Parties) as collateral security.
No failure or delay on the part of any Guaranteed Party in exercising any right, power or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege or be construed to be a waiver of any Put Option Event or any other breach of the Purchase Agreement.
Guarantor may not assign its rights and obligations under this Guarantee in whole or in part without the written consent of the Guaranteed Party.
Each Guarantor hereby irrevocably waives notice of and consents in advance to the assignment as provided above from time to time by any Guaranteed Party of all or any portion of the Guaranteed Obligations held by it and of the corresponding rights and interests of such Guaranteed Party hereunder in connection therewith.
Each Guarantor hereby acknowledges and agrees that the Guaranteed Obligations, at any time and from time to time, may exceed the Maximum Guaranteed Amount of such Guarantor and may exceed the aggregate of the Maximum Guaranteed Amounts of all Guarantors, in each case without discharging, limiting or otherwise affecting the obligations of any Guarantor hereunder or the rights, powers and remedies of any Guaranteed Party hereunder or under any other Transaction Document.

More Definitions of Guaranteed Party

Guaranteed Party means with respect to any Credit Party, any other Credit Party.

Guaranteed Party means Holdings, the Borrower, each Subsidiary Guarantor and each Restricted Subsidiary of the Borrower party to any Secured Hedge Agreement.

Guaranteed Party and “Guaranteed Parties” shall have the meaning set forth in the third recital of the Guarantee.

Guaranteed Party means each of the Depositor, the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes and the Insurer.

Guaranteed Party means (a) the Administrative Agent, (b) the London Agent, (c) the Lenders, (d) the Issuing Banks, (e) the Arranger, (f) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (g) the successors and assigns of any of the foregoing.

Guaranteed Party is defined in the preamble. “Guarantor” is defined in the preamble. “Guaranty” is defined in the preamble. “Master Servicer” is defined in the first recital.

Guaranteed Party means, with respect to all Guaranteed Obligations, the Collateral Agent, the Administrative Agent and/or the Lenders to which such Guaranteed Obligations are owed.