Guaranty Party definition

Guaranty Party means any one of them.
Guaranty Party has the meaning set forth in Section 8 of the Participation Agreement.
Guaranty Party means the Guarantors, each Other Guarantor and each "General Partner" (as defined in each Guaranty).

Examples of Guaranty Party in a sentence

  • No notice or demand on any Guaranty Party in any case shall entitle any Guaranty Party to any other or further notice or demand in similar or other circumstances.

  • The execution and delivery of any such instrument shall not require the consent of any other Guaranty Party hereunder.

  • The rights and obligations of each Guaranty Party hereunder shall remain in full force and effect notwithstanding the addition of any new Guaranty Party as a party to this Agreement.

  • No waiver of any provision of this Agreement or consent to any departure by any Guaranty Party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 4.02, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given.

  • This Agreement shall be construed as a separate agreement with respect to each Guaranty Party and may be amended, modified, supplemented, waived or released with respect to any Guaranty Party without the approval of any other Guaranty Party and without affecting the obligations of any other Guaranty Party hereunder.

  • Each of the Guarantors agrees that its guaranty hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation, is rescinded, invalidated or must otherwise be restored by the Administrative Agent or any other Secured Party upon the bankruptcy or reorganization of any Guaranty Party or otherwise.

  • Any amounts deducted or withheld by Trinity for or on account of Taxes shall be paid over to the government or taxing authority imposing such Taxes in accordance with applicable Law, and Trinity shall provide the applicable Guaranty Party as soon as practicable with such tax receipts or other official documentation with respect to the payment of such Taxes as may be available.

  • No failure or delay on the part of any Guaranty Party in exercising any right, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power of privilege.

  • All payments to be made by Trinity under this Section 11 to a Guaranty Party shall be paid as provided for in the relevant Operative Agreement or, if applicable, to such Guaranty Party at the address and to the account specified in the notice demanding payment be made by Trinity by wire transfer on the date due at or before 11:00 a.m. (Chicago time) in immediately available funds to the party to which such payment is to be made, if such party has provided Trinity with instructions for such wire transfer.

  • No notice or demand on Trinity in any case shall entitle Trinity to any other further notice or demand in similar or other circumstances or constitute a waiver of the rights of any Guaranty Party to any other or further action in any circumstances without notice or demand.


More Definitions of Guaranty Party

Guaranty Party means the Guarantors and the Lessee.
Guaranty Party means a corporation or other entity which (i) has its senior long-term claims paying ability rated AA- or better by Standard & Poor's and either (x) Aa3 or better by Xxxxx'x Investors Service, Inc. or (y) A or better by A.M. Best & Co. and (ii) is otherwise acceptable to the Agent, ISC and each of the Liquidity Banks.
Guaranty Party means any one of them. “Guaranty Supplement” means an instrument in the form of Exhibit I hereto. ARTICLE II GUARANTY SECTION 2.01.
Guaranty Party means each of the Originators, the Seller, USCC Services (in its individual capacity and as Servicer, Custodian and Administrator) and any Successor Servicer which is an Affiliate of USCC Services.
Guaranty Party shall have the meaning ascribed to it under the Foreign Subsidiary Guaranty.
Guaranty Party means the party or parties named in that certain Company Guaranty as the Guaranty Party with respect to this Agreement, and its or their respective affiliates, successors and assigns. Nothing in this definition shall constitute permission for a Guaranty Party to assign any of its rights or obligations pursuant to the Agreement, the Company Guaranty, this Addendum or any other agreements among any of the parties thereto.

Related to Guaranty Party

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Loan Party means the Borrower and each Guarantor.

  • 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.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • 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.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Seller Guarantor means (i) [ ] (so long as it qualifies as an Acceptable Guarantor) or (ii) any other Acceptable Guarantor.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • 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 Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Guarantor means: .............................................................................................................................................

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Loan Guaranty means Article X of this Agreement.

  • Guaranteed Hedge Agreement means any Swap Contract permitted under Article VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Security Party means the Borrowers, the Corporate Guarantor, the Shareholder or any other person who may at any time be a party to any of the Security Documents (other than the Banks);

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 14.11).