OP Guarantee definition

OP Guarantee means the Guarantee, dated as of April 1, 2014, issued by NRG in favor of the Owner Participant, Equity Investor, and their respective affiliates, subsidiaries, successors and assigns.”
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OP Guarantee means a Guarantee that may be executed by the OP Guarantor substantially in the form attached as Exhibit J to the Participation Agreement whereby the OP Guarantor guarantees certain payment obligations of the Owner Participant under the Operative Documents.
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OP Guarantee. Lease Amendment No. 1" and "SLV Letter Agreement" shall have the meanings specified in the Refunding Agreement.
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Examples of OP Guarantee in a sentence

  • NRG shall have executed and delivered (i) to the Owner Lessor the NRG Guarantee attached hereto as Exhibit H and (ii) the NRG OP Guarantee to the beneficiaries thereof, which guarantee is attached hereto as Exhibit I.

  • The Parties agree that, notwithstanding anything to the contrary in this Agreement, this Agreement is intended to result in all BGLH Guarantee Obligations and all Lineage OP Guarantee Obligations being economically borne in their entirety by Lineage Holdings after giving effect to all transactions in this Agreement.

  • EME shall have executed and delivered (i) to the Owner Lessor the EME Guarantee substantially in the form of Exhibit R hereto and (ii) the EME OP Guarantee to the beneficiaries thereof substantially in the form of Exhibit S hereto.

  • If any provision of this Agreement results in any BGLH Guarantee Obligations or any Lineage OP Guarantee Obligations ultimately being borne by any other Party or any other person without a full backstop of such obligations by Lineage Holdings, the Parties shall take all such actions as BGLH may request in order to cause all BGLH Guarantee Obligations and all Lineage OP Guarantee Obligations ultimately to be borne by Lineage Holdings.

  • The parties agree that the Equity Investor, at its option, may modify the equity structure of the Transaction by inserting one or more additional affiliated entities in the chain of ownership of the Facility Interest, so long as the Equity Investor guarantees the obligations of the Owner Participant pursuant to the OP Guarantee.

  • The representations and warranties set forth in Section 3, in the Subsidiary Guarantee and in the OP Guarantee shall be true and correct on and as of the Closing Date with the same effect as though made on and as of the Closing Date and each of the Transaction Parties shall have received an Officer's Certificate of each of the other parties hereto to such effect.


More Definitions of OP Guarantee

OP Guarantee means the Guarantee dated as of the date of this Agreement made by the Guarantor in favor of the Administrative Agent for the ratable benefit of the Lenders, as the same may be amended, supplemented or otherwise modified from time to time.
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OP Guarantee means the OP Guarantee by the Equity Investor as of the Closing Date or any other guarantee in substantially the form set forth in Exhibit B to the Participation Agreement entered into by an OP Guarantor pursuant to Section 8.1 of the Participation Agreement.
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