Holding Guarantee definition

Holding Guarantee has the meaning assigned to such term in Section 5.1(g).
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Holding Guarantee means the guarantee and indemnity in respect of the Borrower’s obligations under this Agreement and the other Security Documents executed (or as the context may require) to be executed by the Holding Guarantor in favour of the Lender, in form and substance satisfactory to the Lender in its sole discretion, as the same may from time be amended, varied or supplemented;
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Holding Guarantee means a guarantee substantially in the form of Exhibit E-4 entered into and delivered by Holding, as amended and restated on the Second Amendment and Restatement Date.
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Examples of Holding Guarantee in a sentence

  • Activity Seven: Execute Loan Guarantee Agreement and Deposit Funds ▪ After the amendment of the Guarantee Agreement on January 20, 2003 an “Accrued Interest” account has been opened and will be used to deposit interest accumulated from both the Holding Guarantee Account and the Guarantee Account.

  • The Administrative Agent shall have received a reaffirmation of the Holding Guarantee and the Subsidiaries Guarantee executed by Holding and the Domestic Subsidiaries, respectively, forms of which are attached hereto as Exhibit A and Exhibit B, respectively.

  • El Paso Energy Corporation, as guarantor under its Guarantee, dated as of August 28, 1998 (the "Holding Guarantee"), in favor of the Administrative Agent, hereby (a) consents to the transactions contemplated hereby and (b) acknowledges and agrees that the guarantees contained in the Holding Guarantee are, and shall remain, in full force and effect after giving effect to this Amendment and all prior modifications to the Credit Agreement.

  • Intermediate Holding shall have no Indebtedness or Contingent Obligations other than the Intermediate Holding Subordinated Intercompany Note, the Intermediate Holding Guarantee and Contingent Obligations permitted by subsection 13.4(f).

  • The Administrative Agent shall have received (i) the HoldCo Guarantee, executed and delivered by a duly authorized officer of HoldCo, (ii) the Intermediate Holding Guarantee, executed and delivered by a duly authorized officer of Intermediate Holding and (iii) the Subsidiary Guarantee, if applicable, executed and delivered by a duly authorized officer of each Person which will be a Subsidiary Guarantor upon consummation of the transactions to be consummated on the Closing Date.

  • On the Second Amendment and Restatement Date, this Agreement, the Holding Guarantee, the US Borrower Guarantee and the Notes shall have been duly authorized, executed and delivered to the Lenders by each Credit Agreement Loan Party which is a party thereto in form and substance acceptable to the Agents and the Lenders.

  • Each Permitted Acquisition Holding will not engage in any business or activity other than acquisitions of Related Businesses in one or more Tax-Free Reorganizations, the issue of the Permitted Acquisition Holding Guarantee and the ownership of all the outstanding Equity Interests of Subsidiaries so acquired and activities incidental thereto.

  • Holders may not enforce the Indenture, the Notes, the Holding Guarantee or the Notes Guarantees except as provided in the Indenture.

  • Immediate family means the spouse, child, adopted child, step-child, brother, sister and parent.

  • The Indenture shall have been duly executed and delivered by the Company, Holding and the Trustee, the Securities and the Holding Guarantee shall have duly executed and delivered by the Company and Holding, respectively, and the Securities shall have been duly authenticated by the Trustee.


More Definitions of Holding Guarantee

Holding Guarantee means a guarantee substantially in the form of Exhibit E-4 entered into and delivered by Holding.
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Holding Guarantee means a guarantee agreement in respect of the Borrowers’ obligations to the Lender under this Agreement executed or to be executed by the Holding Guarantor in favour of the Lender in such form as the Lender shall approve, as the same may from time to time be amended, varied or supplemented;
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Holding Guarantee the Guarantee to be executed and delivered by Holding, substantially in the form of Exhibit B, as the same may be amended, supplemented, waived or otherwise modified from time to time.
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Related to Holding Guarantee

  • Qualifying Guarantee means an arrangement evidenced by a written instrument pursuant to which a Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”). Qualifying Guarantees shall exclude any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment). The benefit of a Qualifying Guarantee must be capable of being delivered together with the delivery of the Underlying Obligation.

  • Funding Guarantor as defined in Section 7.2.

  • Funding Guarantors as defined in Section 7.2.

  • Non-Paying Guarantor has the meaning assigned to such term in Section 10.11.

  • Paying Guarantor has the meaning assigned to such term in Section 10.11.

  • Excess Funding Guarantor means, in respect of any Guaranteed Obligations, a Subsidiary Guarantor that has paid an amount in excess of its Pro Rata Share of such Guaranteed Obligations, (ii) “Excess Payment” means, in respect of any Guaranteed Obligations, the amount paid by an Excess Funding Guarantor in excess of its Pro Rata Share of such Guaranteed Obligations and (iii) “Pro Rata Share” means, for any Subsidiary Guarantor, the ratio (expressed as a percentage) of (x) the amount by which the aggregate fair saleable value of all properties of such Subsidiary Guarantor (excluding any shares of stock or other equity interest of any other Subsidiary Guarantor) exceeds the amount of all the debts and liabilities of such Subsidiary Guarantor (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of such Subsidiary Guarantor hereunder and any obligations of any other Subsidiary Guarantor that have been Guaranteed by such Subsidiary Guarantor) to (y) the amount by which the aggregate fair saleable value of all properties of the Borrower and all of the Subsidiary Guarantors exceeds the amount of all the debts and liabilities (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of the Obligors hereunder) of the Borrower and all of the Subsidiary Guarantors, determined (A) with respect to any Subsidiary Guarantor that is a party hereto on the date hereof, as of the date hereof, and (B) with respect to any other Subsidiary Guarantor, as of the date such Subsidiary Guarantor becomes a Subsidiary Guarantor hereunder.

  • Contributing Guarantors as defined in Section 7.2.

  • Note Guarantee means the Guarantee by each Guarantor of the Issuer’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Subsidiary Guarantee means the guarantee of the Notes by each Subsidiary Guarantor under this Indenture.

  • Loan guarantee means any guar- antee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal Lender, but does not in- clude the insurance of deposits, shares, or other withdrawable accounts in fi- nancial institutions.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Guarantee means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • 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 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.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Call Off Guarantee means a deed of guarantee that may be required under this Call Off Contract in favour of the Customer in the form set out in Framework Schedule 13 (Guarantee) granted pursuant to Clause 7 (Call Off Guarantee);

  • 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.

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantee of the Notes means the guarantee of the Notes given by the Guarantor in the Deed of Guarantee;

  • Loan Guaranty means Article X of this Agreement.