Restaurant Guarantees definition

Restaurant Guarantees means the franchise loan guarantees provided by certain Loan Parties pursuant to (a) the Guaranty, dated as of October 1, 2004, by the Borrower, Bojangles’ Holdings, Inc., Bojangles International, LLC and Bojangles, Inc. for the benefit of U.S. Bank National Association, as trustee for FMAC Loan Receivables Trust 1998-C (its successors and assigns), (b) the Guaranty, dated as of September 26, 2005, by Bojangles, Bojangles’ Holdings, Inc., Bojangles International, LLC and Bojangles, Inc. for the benefit of U.S. Bank National Association, as trustee for FMAC Loan Receivables Trust 1998-C (its successors and assigns), and (c) the Guaranty, dated as of January 1, 2007, by Bojangles, Bojangles International, LLC and Bojangles, Inc. for the benefit of U.S. Bank National Association, as trustee for the registered holders of FMAC Loan Receivables Trust 1998-C (its successors and assigns); provided, however, that the aggregate amount of all Indebtedness incurred in connection with the foregoing Restaurant Guarantees shall not exceed $750,000 at any time outstanding.
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Examples of Restaurant Guarantees in a sentence

  • Restaurant Guarantees with an outstanding balance of approximately $247,000.00 as of October 1, 2012.

Related to Restaurant Guarantees

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $30.0 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 $15.0 million in the aggregate outstanding at any time.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Parent Guarantee means the guarantee by the Parent of the Company’s obligations with respect to the Notes.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.