Parental Guaranty definition

Parental Guaranty has the meaning provided for in Section 3.2.1.
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Examples of Parental Guaranty in a sentence

  • Occupancy shall not be granted without prior payment of the first month's installment payment on base rent and delivery of a properly executed and duly enforceable Parental Guaranty.

  • It is understood by Tenant that failure to return the Parental Guaranty document does not release Tenant from his/her responsibilities and obligations for the entire Term of this Lease.

  • Upon a failure of PNMR to make payment under the Parental Guaranty or a failure of PNMR to procure a conforming replacement Letter of Credit no later than twenty (20) days before expiration of the existing Letter of Credit, the beneficiary will promptly draw upon the Letter of Credit.

  • It is understood by Tenant that failure to return the Parental Guaranty IF THIS LEASE IS RENEWED BY TENANT, GUARANTOR SHALL REMAIN LIABLE UNDER ITS GUARANTY FOR ALL OF TENANT'S OBLIGATIONS UNDER THE RENEWED LEASE.

  • This Lease / Rental Agreement, the Parental Guaranty of Lease Obligation, and the attached Addendum on behavior, contain the entire agreement between the parties hereto and neither party has made any other representations or agreements of any kind.

  • The form of the Parental Guaranty is attached hereto as Exhibit I.

  • As stated in Section 23, "GUARANTY", it is understood by Tenant that failure to return the Parental Guaranty document does not release Tenant from his/her responsibilities and obligations for the entire Term of this Lease.

  • Parent or guardian must sign and complete Parental Guaranty form prior to move in y.

  • The County’s receipt of the Parental Guaranty executed by Waste Management, Inc.

  • Parental Guaranty, duly executed and delivered by Parent attached hereto as Exhibit B.

Related to Parental Guaranty

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • 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.

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • 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.

  • 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: