Qualifying Affiliate Guarantee definition
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of a Downstream Affiliate of that Reference Entity.
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by the Reference Entity in respect of an Underlying Obligation of a Downstream Affiliate of the Reference Entity.
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by the Bond Issuer in respect of an Underlying Obligation of a Downstream Affiliate of the Bond Issuer.
More Definitions of Qualifying Affiliate Guarantee
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by the Collateral Obligor in respect of an Underlying Obligation of a whose outstanding Voting Shares are more than 50 percent owned, directly or indirectly, by the Collateral Obligor.
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of an entity whose outstanding voting shares were at the date of issuance of the Qualifying Guarantee, more than 50 percent owned, directly or indirectly, by the Reference Entity.
Qualifying Affiliate Guarantee means an arrangement evidenced by a written instrument pursuant to which the Borrower (or any Successor of the Borrower) irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which a Downstream Affiliate is the obligor. Qualifying Affiliate Guarantees shall exclude any arrangement (x) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (y) pursuant to the terms of which the payment obligations of the Borrower (or any Successor of the Borrower) can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment).
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect
Qualifying Affiliate Guarantee means a Qual- ifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of a Down- stream Affiliate of that Reference Entity.
Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by General Electric Capital Corporation in
Qualifying Affiliate Guarantee means an arrangement evidenced by a written instrument pursuant to which the Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”) excluding any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as the result of the occurrence or non-