Parent Guarantee definition

Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.
Parent Guarantee means a guarantee given by a Related Body Corporate of the Access Holder who has an Acceptable Credit Rating in substantially the same form set out in the Access Undertaking; Passenger Priority means reasonable priority and certainty of access for rail passenger services delivered in accordance with clause 3.8;
Parent Guarantee means the Note Guarantee of Parent.

Examples of Parent Guarantee in a sentence

  • The Trustee hereby confirms and acknowledges the release of Assignor from the Parent Guarantee and all other obligations under the Indenture and all other obligations thereunder and under the Collateral Agreement and the other Note Security Documents.

  • Execution and Delivery of Parent Guarantee on the Issue Date 175 Section 1409.

  • No director, officer, employee, incorporator or stockholder of Holdings, the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of Holdings, the Company or any Subsidiary Guarantor under this Indenture, the Notes, the Parent Guarantee, any Subsidiary Guarantee, the Note Security Documents or the Intercreditor Agreements or for any claim based on, in respect of, or by reason of, any such obligation or its creation.

  • The obligations of Holdings will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of Holdings (including, but not limited to, any Guarantee by it of any Credit Facility Indebtedness), result in the obligations of Holdings under the Parent Guarantee not constituting a fraudulent conveyance or fraudulent transfer under applicable law, or being void or unenforceable under any law relating to insolvency of debtors.

  • Neither the Company nor Holdings shall be required to make a notation on the Notes to reflect the Parent Guarantee or any release, termination or discharge thereof.


More Definitions of Parent Guarantee

Parent Guarantee means the Guarantee by the Parent Guarantor of the Company’s obligations under this Indenture pursuant to Article Ten.
Parent Guarantee means a guarantee in the form of Schedule H given by a Related Body Corporate of the Access Holder or Operator who has an Acceptable Credit Rating);
Parent Guarantee has the meaning set forth in Section 21.18.
Parent Guarantee means the Guarantee by the Parent Guarantor of the Company’s obligations under this Indenture and on the Notes, executed pursuant to the provisions of this Indenture.
Parent Guarantee means the Guarantee, dated as of the Issuance Date, from Parent to U.S. Bank, in its individual capacity and as Pass Through Trustee under each Pass Through Trust Agreement, Subordination Agent and “Loan Trustee” under each Operative Indenture, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.
Parent Guarantee has the meaning set forth in Section 5.11.