Letters of Guaranty definition

Letters of Guaranty and “L/G” means a letter of guaranty issued by Lender for the account of a Borrower guarantying payment of the purchase price of the goods financed thereby, containing terms and conditions satisfactory to Lender.
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Letters of Guaranty means all letters of guarantee entered into by Lender for any Borrower's account.
Sample 1
Letters of Guaranty means all letters of guarantee entered into by Lender for Borrowers account.
Sample 1

Examples of Letters of Guaranty in a sentence

  • Letters of Guaranty are also required for all products subject to the FFA and implementing regulations unless Supplier demonstrates that a Continuing Guaranty is on file with CPSC.

  • Subject to the terms and conditions set forth herein, the Borrower may request the issuance of Letters of Credit or Letters of Guaranty for its own account, in a form reasonably acceptable to the Lender at any time and from time to time during the Availability Period.

  • DeRosa stated that the administrative audits for the IHC Program are now complete through fiscal year 2008, and for additional administrative audits to occur, a new RFP would need to be issued and contract awarded.

  • In case CONTRACTOR extends the initial Exploration Period for ---------------- additional successive period(s) of -------------- years, in accordance with Article III (b) of this Agreement, similar Letter(s) of Guaranty shall be issued and be submitted by CONTRACTOR on the day the CONTRACTOR exercises its option to extend.

  • As the second step of the data sampling, 11 projects were randomly selected through the RNG software.

  • If you are willing to finance any such purchases, you will establish a Letter of Credit, issue your Guaranty, or honor drafts as aforesaid, subject to whatever terms and conditions you may specify in any such Letters of Credit, Letters of Guaranty or other agreements.

  • We agree that any action taken by you under or in connection with the Letters of Credit or Letters of Guaranty or the related drafts, documents or property, if taken in good faith, shall be binding on us and shall not put you in any resulting liability to us, and in furtherance thereof, we hereby agree and waive notice of any extension of the maturity or time for payments or for presentation of drafts, acceptance or documents or any other modifications of the terms of the Letters of Credit or Guaranty.

  • In case CONTRACTOR extends the initial Exploration Period for ------------- additional successive period(s) of -------------- years, in accordance with Article III (b) of this Agreement, similar Letter(s) of Guaranty shall be issued and be submitted by CONTRACTOR on the day the CONTRACTOR exercises its option to extend.

  • We unconditionally agree to indemnify you and hold you harmless for any and all indebtedness, obligations and liabilities you may incur in connection with any Letters of Credit which you may establish or obtain for our account, or in connection with any Letters of Guaranty you may issue, all such indebtedness and obligations to be repaid to you on demand in United States currency.

  • Bank Letters of Guaranty or Performance bonds in the amount of 10% to 25% of the total task order value will be required for Task Orders prior to commencement of work.

Related to Letters of Guaranty

  • U.S. Guaranty means (a) the guaranty made by the Parent Borrower, Holdings and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b)(i) and (iii) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit F-1 and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.11(a)(i).

  • 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 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.

  • Trade Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • 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.

  • 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.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • 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.

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

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

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

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • 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.

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. Form 715 Planning Criteria: “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.

  • 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:

  • Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.22.

  • Guaranty Supplement has the meaning specified in Section 8.05.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • 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.

  • 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);