Guaranty Trust definition

Guaranty Trust means the irrevocable guaranty trust agreement number F-675 (contrato de fideicomiso irrevocable de garantía) dated December 29, 2006 governed by Mexican law substantially in the form of Exhibit D attached hereto, and executed by and among Borrower and Parras Cone, as settlors (fideicomitentes) and beneficiaries, and the Trustee, appointing Agent, as first beneficiary (fideicomisario en primer lugar).

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Guaranty Trust means the Mexican Trust Agreement (Fideicomiso Irrevocable de Garantía) dated as of April 29, 2003 entered into by and between certain Affiliates of the Company as grantors and GE Capital Bank, Sociedad Anónima, Institución de Banca Múltiple GE Capital Grupo Financiero as trustee, in order to guaranty the obligations of the Common Agreement and the guaranty trust to be incorporated by the Company and certain Affiliates of the Company as part of the refinancing described in Section 5.16.

Guaranty Trust means that certain Irrevocable Guaranty Trust Agreement number 439, dated as of the date hereof, executed by and among ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Holdings, S.A. de C.V. and ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Automotive Company de Mexico, S.A. de C.V., the Lessor, and Banco Invex, S.A., Institucion de Banca Multiple, Invex Grupo Financiero, Fiduciario, with the acknowledgment of the Lessee.

Examples of Guaranty Trust in a sentence

• All such payments of principal and interest shall be made in lawful money of the United States in Federal or other immediately available funds at the office of ▇▇▇▇▇▇ Guaranty Trust Company of New York, ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇.

• Any such royalties on or other payments relating to transactions in a foreign currency shall be converted into United States dollars based on the closing buying rate of the ▇▇▇▇▇▇ Guaranty Trust Company of New York applicable to transactions under exchange regulations for the particular currency on the last business day of the accounting period for which such royalty or other payment is due.

• For converting payments into United States Dollars COMPANY shall use the average of the closing buying rates of the ▇▇▇▇▇▇ Guaranty Trust Company of New York applicable to transactions under exchange regulations for the particular currency on the date payment is due.

• All references in the Deposit Agreement to the Depositary or ▇▇▇▇▇▇ Guaranty Trust Company of New York shall be deemed references to JPMorgan Chase Bank, N.A.

• Citibank, N.A. will initially act as depositary for Clearstream and ▇▇▇▇▇▇ Guaranty Trust Company of New York, Brussels Office, will initially act as depositary for Euroclear.

• In the event that Buyer fails to make any payment when due, Seller shall have the right to charge interest on the amount of the overdue payment at a per annum rate which shall be two percentage points higher than the published prime lending rate of ▇▇▇▇▇▇ Guaranty Trust Company of New York on the date payment was due, but not to exceed the maximum rate permitted by law.

• Each Custodian so appointed (other than ▇▇▇▇▇▇ Guaranty Trust Company of New York) shall give written notice to the Company and the Depositary accepting such appointment and agreeing to be bound by the applicable terms hereof.

• On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and ▇▇▇▇▇▇ Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.

• To the extent that any payments required to be made hereunder following a Change of Control in connection with any Involuntary Termination occurring prior to the second anniversary of such Change of Control are not made within the period specified therefor, the Company shall be liable for interest on such delayed payments at the rate of 150% of the prime rate compounded monthly, as posted by the ▇▇▇▇▇▇ Guaranty Trust Company of New York, from time to time.

• To the Banks and the Administrative Agent Referred to Below c/▇ ▇▇▇▇▇▇ Guaranty Trust Company of New York, as Administrative Agent ▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Gentlemen and Ladies: I have acted as counsel for U S WEST, Inc., USW-C, Inc.

More Definitions of Guaranty Trust

Guaranty Trust has the meaning set forth in Recital 2 of this Agreement.

Guaranty Trust shall have the meaning indicated in Article Sixth of this Agreement.

Guaranty Trust means a legal entity in Costa Rica created by the grantor for the benefit of OPIC and which creates a valid and enforceable, first-priority lien on the assets included within it.

Guaranty Trust means PATS/ACA Guaranty Trust, a statutory trust formed under the laws of the State of Delaware, as beneficiary of the Certificate Guaranty.