State Guarantee definition

State Guarantee. The guarantees (Ausfallbürgschaften) issued by the Federal Republic of Germany (for 48 % of the aggregate amount of Advances under Tranches A and B) and the State of Sachsen-Anhalt (for 32 % of the aggregate amount of Advances under Tranches A and B) issued in the form attached to this Agreement as Schedule 10 (State Guarantee) in favour of the Lenders with respect to this Agreement including the “Allgemeinen Bestimmungen für Bürgschaftsübernahmen durch die Bundesrepublik Deutschland (Bund) und parallel bürgende Bundesländer” (General Conditions for the issuing of guarantees by the Federal Republic of Germany and Länder).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

State Guarantee means the state-guaranteed obligation of a grantor of state guarantees, which arises from the written guarantee contract entered into between the grantor of state guarantees and the guarantee holder and complies with the conditions of subsection 8 (4) of this Act, to pay the debt of the debtor arising from a

State Guarantee means the unconditional guarantee by the Treasurer in the name, and for and on behalf, of the State, under -

Examples of State Guarantee in a sentence

• In the case of any discrepancies between the conditions of the State Guarantee and the terms of this Agreement, the former will apply.

• The Borrower will promptly inform the Agent of any payments made pursuant to this Clause 26.5 (State Guarantee Fee).

• The conditions of the State Guarantee as set out in Schedule 10 (State Guarantee) are incorporated in this Agreement, even if they are not explicitly provided for in this Agreement.

• The guarantee fee will be calculated for each half year starting at these dates at a per annum rate of 0.25 % of the amount guaranteed by the State Guarantor at those dates and is payable to C&L Deutsche Revision AG, Düsseldorf, Anderkonto Bundesminister der Finanzen, account 301 51 12 with Westdeutsche Landesbank Girozentrale, by making reference to the State Guarantee number.

• The guarantee fee will be calculated for each half year starting at these dates at a per annum rate of 0.25 % of the amount guaranteed by the Federal Guarantor at those dates and is payable to C&L Deutsche Revision AG, Düsseldorf, Anderkonto Bundesminister der Finanzen, account 301 51 12 with Westdeutsche Landesbank Girozentrale, by making reference to the State Guarantee number.

More Definitions of State Guarantee

State Guarantee means a note for which the State of Illinois shall be liable for 85% of the total principal and interest of the note as determined by the Authority.

State Guarantee. The guarantee (Ausfallbürgschaft) issued or to be issued by the Guarantor (for 80% of the aggregate amount of all Advances under the Facility) in the form attached to this Agreement as Schedule 6 (State Guarantee) in favour of the Lenders with respect to this Agreement including the general conditions for state guarantees of the State of Saxony-Anhalt (“Allgemeine Bestimmungen für Landesbürgschaften zur ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ Sachsen-Anhalt vom 10. Mai 2007 (Runderlass des Ministeriums der Finanzen des ▇▇▇▇▇▇ Sachsen-Anhalt vom 10. Mai 2007 – 34 – 32901)”, the directive in relation to guarantees as regional subsidies for investment credits (Richtlinien für Bürgschaften als Regionalbeihilfen für Investitionskredite) dated 8 October 2007 (Runderlass des Ministeriums der Finanzen vom 8. Oktober 2007 – 34 – 32901)” and the guarantee decision (Bürgschaftsentscheidung) (letters dated 15 November 2011/19 December 2011).

State Guarantee the guarantee, in substantially the form of Exhibit I, executed by the State Guarantor, the Administrative Agent, Holdings and the Borrower.

State Guarantee. The guarantees (Ausfallburgschaften) issued by the Federal Republic of Germany (for 48 % of the aggregate amount of Advances under Tranches A and B) and the State of Sachsen-Anhalt (for 32 % of the aggregate amount of Advances under Tranches A and B) issued pursuant to the EU-Decision in the form attached to the Facility Agreement as Schedule 11 (State Guarantee) of the ----------- Facility Agreement in favour of the Lenders with respect to this Agreement including the "Allgemeinen Bestimmungen fur Burgschaftsubernahmen durch die Bundesrepublik Deutschland (Bund) und parallel burgende Bundeslander" (General Conditions for the issuing of guarantees by the Federal Republic of Germany and Lander).

State Guarantee means an amount equal to the school district’s State guarantee rate multiplied by the school district’s approved spending.

State Guarantee means the guarantee(s) provided by the State of North Rhine-Westphalia in accordance with the Guarantee Decision for the payment obligations of the Borrowers under tranches A and B up to a maximum limit of 80% of any default under these tranches.

State Guarantee has the meaning set out in the Recitals, Section C.