Payment Guarantors definition

Payment Guarantors means severally, but not jointly, Xxxxxx X. Xxxxxxx III, Xxxxxxx Partners, Inc., Xxxxxx Master Investments, LLC, Xxxxxxx Partners Investments LLC, Xxxxxxx Partners–Master Investments, LLC, Xxxxxxx Partners BGHS, LLC, Xxxxxxx Partners Pasadena Gen-Par, Inc., Bunker Hill Equity, LLC and Xxxxxxx Partners–WFC Holdings, LLC, together with their respective heirs, estates, successors and permitted assigns, if any, and any other Person hereafter executing a separate payment guaranty or indemnity agreement in favor of Lender in connection with the Loan and/or the Mortgage Loan.
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Examples of Payment Guarantors in a sentence

  • The Minimum Payment Guarantors have expressly informed the Trustee on behalf of the Holders that the Minimum Payment Guarantors have not agreed to renew the HET/JCC Agreement beyond March 31, 2005.

  • The Minimum Payment Guarantors have informed the Trustee on behalf of the Holders that any decision the Minimum Payment Guarantors make concerning whether to renew any Minimum Payment Guaranty or the HET/JCC Agreement will be made in the Minimum Payment Guarantors' sole discretion, acting only in their best interests.

  • The HET/JCC Agreement provides that the Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 2002, 2003, 2004 and 2005, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.

  • In entering into the HET/JCC Agreement, the Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the Casino Operating Contract, but rather have agreed only to provide a Minimum Payment Guaranty for the period and on terms and conditions specified therein.

  • The Initial Minimum Payment Guarantors have informed the Trustee on behalf of the Holders that any decision the Initial Minimum Payment Guarantors make concerning whether to renew any Minimum Payment Guaranty or the HET/JCC Agreement will be made in the Initial Minimum Payment Guarantors' sole discretion, acting only in their best interests.

  • As contemplated by Section 15 hereof, this Agreement shall be binding upon the successors and assigns of HET and HOC, as the Minimum Payment Guarantors originally party hereto.

  • The HET/JCC Agreement provides that the Initial Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 1999 and March 31, 2000, renewable for the four Fiscal Years thereafter through March 31, 2004, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.

  • The Initial Minimum Payment Guarantors have expressly informed the Trustee on behalf of the Holders that the Initial Minimum Payment Guarantors have not agreed to renew the HET/JCC Agreement beyond March 31, 2004, or in any prior year where the Initial Minimum Payment Guarantors' obligation to furnish a Minimum Payment Guaranty does not renew by the express terms of Section 1(b) of the HET/JCC Agreement.

  • Upon the occurrence and during the continuance of an Event of Default under the Minimum Payment Obligations and provided that there are then no operations at the Casino, the Minimum Payment Guarantors agree to fully enforce and realize upon the security interest in the House Bank (and apply all proceeds thereof to the Minimum Payment Obligations) prior to applying the proceeds of any other Collateral to the Minimum Payment Obligations as set forth in this Section 11.

  • In entering into the Initial HET/JCC Agreement, the Initial Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the COC, but rather have agreed only to provide it for the period and on terms and conditions specified therein.

Related to Payment Guarantors

  • Parent Guarantors means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à x.x., (iv)

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Guarantors means each of:

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

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

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • 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.

  • 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.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Foreign Guarantors means (a) Diodes Zetex Limited, a company incorporated and registered under the laws of England and Wales, (b) Diodes Holdings UK Limited, a company incorporated and registered under the laws of England and Wales, (c) Diodes Holding and (d) each other Foreign Subsidiary that becomes a guarantor.

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

  • Guarantor means: .............................................................................................................................................

  • Guarantor Payment as defined in Section 5.11.3.

  • Co-Issuers The Issuer and the Co-Issuer.

  • Non-Guarantor Restricted Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • 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.

  • Guaranty of Payment means each Guaranty of Payment executed and delivered on or after the Closing Date in connection with this Agreement by the Guarantors of Payment, as the same may from time to time be amended, restated or otherwise modified.

  • Guarantor of Payment means each of the Companies set forth on Schedule 2 hereto, that are each executing and delivering a Guaranty of Payment, or any other Person that shall deliver a Guaranty of Payment to Agent subsequent to the Closing Date.