Examples of Guaranty Payments in a sentence
Accordingly, if any payment is made by any Guarantor under this Guaranty (a “Funding Guarantor”) that exceeds its Fair Share, the Funding Guarantor shall be entitled to a contribution from each other Guarantor in the amount of such other Guarantor’s Fair Share Shortfall, so that all such contributions shall cause each Guarantor’s Aggregate Guaranty Payments to equal its Fair Share.
Accordingly, if any payment is made by any Guarantor under this Guaranty (a "Funding Guarantor") that exceeds its Fair Share, the Funding Guarantor shall be entitled to a contribution from each other Guarantor in the amount of such other Guarantor's Fair Share Shortfall, so that all such contributions shall cause each Guarantor's Aggregate Guaranty Payments to equal its Fair Share.
House Bill 1074, Regular Session 2016 Rule 20.48 MDA’s Obligation to Honor Guaranty Payments under Seat Cost Mitigation.
The Servicer shall keep records of the amount of Guaranty Payments made by each Guarantor and such amount shall be reflected in all Servicer Reports after the initial Guarantor Payment.
On or before each Distribution Date, Xxxxxx Xxx will make available the Class Factor (carried to eight decimal places) for each Class of Certificates, after giving effect to the distribution of the Principal Distribution Amount for that Class and any Guaranty Payments allocated to principal of that Class during the current calendar month.