Swap Guaranty definition

Swap Guaranty means the Swap Guaranty, dated as of September 28, 2005 between ACAS and Citibank, N.A., as amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.
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Swap Guaranty. The full and unconditional guaranty in favor of the Trust provided by the Swap Guarantor.
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Swap Guaranty. As defined in Section 4.13 hereof.
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Examples of Swap Guaranty in a sentence

  • Nothing in this Section 11.20 shall in any way affect the rights of any Swap Counterparty against the Swap Guarantor as provided in the Swap Guaranty.

  • In addition, it is a condition to the release, cancellation and extinguishment of the Senior Loan Guaranty Claims and Swap Guaranty Claims against the Guarantor Non-Debtors that all Bridge Loan Guaranty Claims shall be concurrently released, extinguished and cancelled.

  • The consummation of the Noteholder Plan shall effect and constitute a full and final release, extinguishment and cancellation of any and all Senior Loan Guaranty Claims, Swap Guaranty Claims and any and all Bridge Loan Guaranty Claims against Guarantor Non-Debtors.

  • The Swap Guarantor undertakes that, subject to the provisions of SECTION 14.01, the Swap Guaranty Requirements will paid strictly in accordance with the terms of this Agreement or any other Transaction Document, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Swap Counterparty with respect thereto.

  • In the event of any such resignation, the Borrower, the Lenders, the resigning Administrative Agent and the successor Administrative Agent shall cooperate with one another and take such steps as may reasonably be required in order to ensure that the Swap Reimbursement Obligations and Swap Guaranty Fee continue to be secured by the Lien of the Mortgage.

  • Borrower acknowledges and agrees that the Mortgage secures, among other things, the Swap Reimbursement Obligations and the Swap Guaranty Fee and, accordingly, agrees that in the event that it fails to satisfy either of clauses (i) or (ii) above, Administrative Agent on behalf of Lenders shall not release or assign the Mortgage.

  • The Swap Guaranty Requirements of the Swap Guarantor under this ARTICLE XIV do rank and will rank PARI PASSU in priority of payment with all other unsecured and unsubordinated obligations for borrowed money of the Swap Guarantor.

  • The President, or delegated authority if appropriate, direct the Secretary to withhold any information on such issues from the board member, including materials distributed to the applicable board member, and take all such other action necessary to effectuate this policy.

  • No debt other than the First Mortgage Loan or any Swap Guaranty (as defined in the Loan Documents) given by Lender may be secured (subordinate or pari passu) by the Properties or the Beneficial Interests.

  • The Swap Guaranty Requirements of the Swap Guarantor under this Article XIV do rank and will rank pari passu in priority of payment with all other unsecured and unsubordinated obligations for borrowed money of the Swap Guarantor.


More Definitions of Swap Guaranty

Swap Guaranty means an unconditional and irrevocable guaranty, executed by a Guaranty Party, of all obligations of the Swap Provider under the Swap Agreement containing such waivers of defenses and other terms and conditions as may be acceptable to the Agent.
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Swap Guaranty means each Guarantee, dated June 23, 2005, by the Swap Guarantor with respect to the counter party's obligations under the Interest Rate Swap Agreements.
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Swap Guaranty means that certain Guaranty Agreement, dated as ------------- of the date hereof, executed by the Guarantors in favor of SunTrust, pursuant to which the Guarantors have guaranteed the obligations of the Company under the SunTrust Interest Rate Swap Agreement.
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Swap Guaranty. With respect to any Loan Party, any obligation of such Loan Party for any Swap Obligation of any other Loan Party.
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Swap Guaranty shall have the meaning set forth in Section 3.29(e).
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Swap Guaranty means the Swap Guaranty, dated as of July 28, 2006 between ACAS and Bank of Montreal, Toronto, as amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.
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Related to Swap Guaranty

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • 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.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • 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:

  • U.S. Guaranty means (a) the guaranty made by the Parent Borrower, Holdings and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b)(i) and (iii) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit F-1 and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.11(a)(i).

  • Guaranteed Hedge Agreement means any Swap Contract permitted under Article VII that is entered into by and between any Loan Party and any Hedge Bank.

  • 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: “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.

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • 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.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Secured Swap Obligations means the due and punctual payment and performance of all obligations of Holdings, the Parent Borrower, and the Subsidiaries under each Swap Agreement that (a) is with a counterparty that is the Administrative Agent or any of its Affiliates, (b) is in effect on the Effective Date with a counterparty that is a Lender or an Affiliate of a Lender as of the Effective Date or (c) is entered into after the Effective Date with any counterparty that is a Lender or an Affiliate of a Lender at the time such Swap Agreement is entered into.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

  • Swap Obligation means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Loan Guaranty means Article X of this Agreement.

  • Swap Obligations means with respect to any Guarantor any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Specified Swap Obligation means, with respect to any Loan Party, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act or any rules or regulations promulgated thereunder.

  • Excluded Swap Obligation means, with respect to any Guarantor, (a) any Swap Obligation if, and to the extent that, all or a portion of the Guaranty of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap Obligation (or any Guaranty thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation, or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) (i) by virtue of such Guarantor’s failure to constitute an “eligible contract participant,” as defined in the Commodity Exchange Act and the regulations thereunder (determined after giving effect to Section 11.12 and any other applicable agreement for the benefit of such Guarantor and any and all applicable guarantees of such Guarantor’s Swap Obligations by other Loan Parties), at the time the guarantee of (or grant of such security interest by, as applicable) such Guarantor becomes or would become effective with respect to such Swap Obligation or (ii) in the case of a Swap Obligation that is subject to a clearing requirement pursuant to section 2(h) of the Commodity Exchange Act, because such Guarantor is a “financial entity,” as defined in section 2(h)(7)(C) of the Commodity Exchange Act, at the time the guarantee of (or grant of such security interest by, as applicable) such Guarantor becomes or would become effective with respect to such Swap Obligation or (b) any other Swap Obligation designated as an “Excluded Swap Obligation” of such Guarantor as specified in any agreement between the relevant Loan Parties and the Approved Counterparty applicable to such Swap Obligations. If a Swap Obligation arises under a master agreement governing more than one Swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to the Swap for which such guarantee or security interest is or becomes excluded in accordance with the first sentence of this definition.

  • Interest Swap Obligations means the obligations of any Person pursuant to any arrangement with any other Person, whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount in exchange for periodic payments made by such other Person calculated by applying a fixed or a floating rate of interest on the same notional amount and shall include, without limitation, interest rate swaps, caps, floors, collars and similar agreements.

  • Credit Document Obligations shall have the meaning provided in the definition of "Obligations" in this Article IX.