Specified Guarantor definition

Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.10).

Specified Guarantor has the meaning given thereto in the Guaranty.

Examples of Specified Guarantor in a sentence

• Each Qualified ECP Guarantor intends that this Section 11.12 constitute, and this Section 11.12 shall be deemed to constitute, an agreement for the benefit of each Specified Guarantor for all purposes of the Commodity Exchange Act.

• Each Qualified ECP Guarantor intends that this Section constitute, and this Section shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each Specified Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

• Each Qualified ECP Guarantor intends this Section to constitute, and this Section shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of, each Specified Guarantor for all purposes of the Commodity Exchange Act.

• Each Qualified ECP Guarantor intends that this Section 10.10 constitute, and this Section 10.10 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each Specified Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

• Based solely upon our review of the Specified Guarantor Good Standing Certificates, each of the Specified Guarantors is duly formed under the laws of the State of Delaware and is in good standing and has a legal existence.

More Definitions of Specified Guarantor

Specified Guarantor. Any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to §7.8).

Specified Guarantor means any Guarantor that would be a "significant subsidiary" of the Borrower, determined in accordance with Regulation 1.01 of Regulation S-X of the Securities and Exchange Commission as if the references to "10 percent" in the definition thereof were references to "5 percent".

Specified Guarantor means each of Federal Express Corporation, FedEx Ground Package System, Inc., FedEx Freight Corporation, FedEx Freight East, Inc., FedEx Kinko’s Office and Print Services, Inc., FedEx Corporate Services, Inc. and FedEx Customer Information Services, Inc. “Stated Maturity,” with respect to any Security or any installment of principal thereof or premium, if any, or interest thereon or any Additional Amounts with respect thereto, means the date established by or pursuant to this Indenture or such Security as the fixed date on which the principal of or premium, if any, on such Security or such installment of principal, premium or interest is, or such Additional Amounts are, due and payable.

Specified Guarantor has the meaning set forth in the definition of “Guarantor”.

Specified Guarantor means any Guarantor designated in writing by Borrower to Agent as a “Specified Guarantor” so long as (a) no such “Specified Guarantor” individually has, as of the date of such designation (the “Designation Date”) (i) EBITDA allocated to such Specified Guarantor (in a manner reasonably satisfactory to Agent) that is greater than $1,000,000 for the four fiscal quarter period ended most recently prior to such Designation Date for which financial statements were required to have been delivered to Agent, or (ii) assets with a value greater than $5,000,000, measured as of the lower of fair market value and book value (or if fair market value thereof is not reasonably available, book value) as of such Designation Date, and (b) the Specified Guarantors in the aggregate do not have, as of such Designation Date, EBITDA allocated to such Specified Guarantors in the aggregate (in a manner reasonably satisfactory to Agent) that is greater than $3,000,000 for the four fiscal quarter period ended most recently prior to such Designation Date for which financial statements were required to have been delivered to Agent.

Specified Guarantor means any Guarantor other than WIL-Ireland and WWH.

Specified Guarantor means collectively (i) Krystalsea Limited, (ii) Great Stirrup Cay Limited, (iii) IPCo Parent, (iv) USBermuda IPCo and (v) UK IPCo. ​ ​