POTN Guaranty definition

POTN Guaranty means the Guaranty dated January 31, 2000, executed by POTN in favor of FSB guaranteeing the Existing Facility, and all prior guaranties executed by POTN in favor of FSB.
View Source

Examples of POTN Guaranty in a sentence

  • In consideration of FSB's release of POTN from any and all claims (except those claims arising under the Equipment Lease and this Agreement), including any claims under the POTN Guaranty and the Print America Guaranty, POTN shall issue to FSB certain warrants more particularly described in the Warrant Agreement.

  • At Closing, FSB shall (i) release POTN (including PrintAmerica), from any and all claims (except those claims arising under the Equipment Lease and this Agreement), including any claims under the POTN Guaranty and the Print America Guaranty, in accordance with the release attached hereto as Schedule 2.3 and (ii) return to POTN each such original guaranty marked "satisfied and released".

  • In consideration of being released by FSB from the POTN Guaranty and the PrintAmerica Guaranty, POTN shall make a payment to FSB on the Closing Date in an amount equal $6,220.08.

  • The parties acknowledge and agree that the Stock Pledge Agreement is made for "new value" (within the meaning of Section 547(a) of the United States Bankruptcy Code) in consideration of, and in exchange for, among other things, FSB's contemporaneous agreement to release the POTN Guaranty and the PrintAmerica Guaranty, which releases directly benefit POTN.

Related to POTN Guaranty

  • 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:

  • 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.

  • 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.

  • 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” shall have the same meaning provided in the Operating Agreement.

  • 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.