Individual Guaranty definition

Individual Guaranty is a collective term which means any guaranty (other than a Validity/Support Guaranty) of the payment of all or a portion of the Obligations now or hereafter executed by any Individual Guarantor and all amendments, modifications or supplements of any such guaranty made from time to time hereafter, it being understood that on the date hereof, there is no Individual Guaranty.

Individual Guaranty means each guaranty, substantially in the form of Exhibit D, made by an Individual Guarantor in favor of the Collateral Agent for the benefit of the Agents and the Lenders.

Individual Guaranty means the Unconditional Continuing Guaranty executed by Individual Guarantor unconditionally guaranteeing Borrower's Obligations under this Agreement.

Examples of Individual Guaranty in a sentence

• PCLC is entitled to recover on Munoz’s Individual Guaranty and to dismissal of Munoz’s counterclaim.

• By: Name: Title: Agreed to: K-Tronik Int'l Corporation By: Name: Title: The undersigned, guarantor of the Liabilities of the Borrower to BACC, hereby consents to the above letter and agrees that same shall not affect his Individual Guaranty dated as of June 1, 1998, which guaranty remains in full force and effect.

• These introduce new arrangements for the enforcement of fines and other financial penalties, including provision for the appointment of fines enforcement officers (FEOs), who will provide information and advice to the offender in relation to payment of the fine and will also have new sanctions to use against offenders who default in payment of their fines or penalties.

• In his response, he alleged:Prior to entering the Individual Guaranty agreement with BAI, William Stout was instructed by Noel Sutton to have someone witness his signature on the document.

• Accordingly, he asserted that he could not be held liable pursuant to the Individual Guaranty.

More Definitions of Individual Guaranty

Individual Guaranty shall have the meaning set forth in Section 4.1(d).

Individual Guaranty means the limited recourse guaranty of payment and performance to be executed and delivered as of the Closing Date by the Individual Guarantors for the benefit of Lender, as the same may be amended, modified and supplemented from time to time. The Individual Guaranty shall be in the form attached to this Agreement as Exhibit Q. To the extent required by applicable law, the spouses of such individuals shall also join in the execution and delivery of the Individual Guaranty in order to encumber the Pledged Stock.

Individual Guaranty means, collectively, (i) that certain Guaranty dated on or about the date hereof from certain Individual Guarantors in favor of the Collateral Agent, for the benefit of the Secured Parties; and (ii) that certain Validity Guaranty dated on or about the date hereof from certain Individual Guarantors in favor of the Collateral Agent, for the benefit of the Secured Parties, in each case, as the same may be amended or modified from time to time.

Individual Guaranty means a Guaranty substantially in the form of Exhibit F.

Individual Guaranty means each guaranty, substantially in the form of Exhibit B, made by an Individual Guarantor in favor of Lexington.

Individual Guaranty means the Individual Guaranty Agreement, dated ------------------- as of December 1, 1994, from the Individual Guarantor to the Bondholder, as amended or supplemented. Inducement Resolution means the resolution of the Agency adopted on --------------------- September 15, 1993, authorizing the Acquisition of the Facility and undertaking to permit the issuance of its industrial development revenue bond to finance such Acquisition and thereupon to lease the Facility to the Lessee for sublease to the Sublessee.

Individual Guaranty means the Amended and Restated Guaranty Agreement made by Xxxxxxx XxXxxxxx in favor of Lender and Lender's Affiliates with respect to the Letter of Credit Exposure of the Existing Surety LOC.