Examples of Guaranty Date in a sentence
At any time following the Springing Guaranty Date, if any Guarantor ceases to be a Subsidiary as a result of a transaction permitted hereunder, such Person shall be automatically released from its obligations under the Subsidiary Guaranty Agreement, pursuant to this Section 10.10.
Indemnification by Seller to Buyer shall, at Seller's option, be effected in ICN Shares, valued at the Guaranteed Price as of the Guaranty Date next preceding such indemnification plus pro rata 6% p.a., and/or cash.
The Applicable Margin, as defined in the New Credit Agreement, ranges from 50 to 200 basis points, depending on the credit rating of GPU’s senior unsecured debt, plus, after the Non Guaranty Date, 10 basis points.
If GPU delivers the GPU Guaranty proposed in this Declaration, the Non Guaranty Date will not occur.The Floating Rate for each day is equal to (1) the Alternate Base Rate minus 200 basis points, plus, after the Non Guaranty Date, 10 basis points.
Permit NCS or the NCS Subsidiaries, after the NCS Purchase Date and prior to the NCS Guaranty Date, to enter into or to allow to remain in place any provision in any agreement or arrangement with any Person to which any such entity is a party which would restrict the ability of such entity to declare and pay dividends and distributions with respect to outstanding shares of its common stock or to repay advances to Borrower or any other Subsidiary.
The Non Guaranty Date, as defined in the New Credit Agreement, is April 1, 2001.
MYR also will pay the lenders a facility fee on the unused commitment which ranges from 10 basis points to 40 basis points, depending on the credit rating of GPU’s senior unsecured debt, plus, after the Non Guaranty Date, 2.5 basis points.Under the New Credit Agreement, MYR also may request lenders to issue L/Cs in a maximum aggregate amount for all L/Cs outstanding of up to $10 million.
The sample and the solvent are placed in a round-bottom flask equipped with a condenser (Figure 6).
Permit NCS or the NCS Subsidiaries, after the Initial Funding Date and prior to the NCS Guaranty Date, to enter into or to allow to remain in place any provision in any agreement or arrangement with any Person to which any such entity is a party which would restrict the ability of such entity to declare and pay dividends and distributions with respect to outstanding shares of its common stock or to repay advances to the Borrower or any other Subsidiary.
Section 7.04 of the Credit Agreement is amended by deleting the words “Create, incur, assume or suffer to exist any Indebtedness of Max Capital’s Subsidiaries, except:” and inserting “Create, incur, assume or suffer to exist any Indebtedness of Alterra Capital’s Subsidiaries (other than the Parent and, from and after the US Finance Co. Guaranty Date, US Finance Co., which shall be able to incur Indebtedness if Alterra Capital could incur such Indebtedness), except:” therefor.