Target Guarantee definition

Target Guarantee has the meaning set forth in Section 3.15(d).
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Target Guarantee means a guarantee executed by the Target in substantially the form of Exhibit F. “Target Indebtedness” means any existing or hereafter incurred Debt of the Target.
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Target Guarantee means a guarantee executed by the Target in substantially the form of Exhibit F.
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Examples of Target Guarantee in a sentence

  • The Target Guarantee shall be automatically released at such time as both (x) the Borrower shall no longer guarantee the Target Indebtedness and (y) the Target does not guarantee any other Debt of the Borrower.

  • Contractor is encouraged to think creatively and utilize technology, such as mobile devices and social media, to recommend innovative ways to effectively reach our various audiences.

  • The Parties shall, at or prior to, but with effect from, Completion, work together and procure the release, as soon as reasonably practicable following Completion, of the Seller Guarantees and the Target Guarantees in form and substance reasonably satisfactory to: (i) the Parties; and (ii) either the issuing bank or the beneficiary of the relevant Seller Guarantee or Target Guarantee pursuant to the Existing Facilities.

  • The Claims Target Guarantee will be assessed annually based on the receipt of the Annual Claims Target Guarantee Report specified in the AR-77(af).

  • No later than March 31 of the respective Plan Year, the Service Provider shall provide a Claims Target Guarantee for the respective Plan Year (using the Projected and Target Claims Cost and mutually agreed upon Paid Claims Expected Trend) on a total aggregate basis.

  • The Claims Target Guarantee will establish a risk corridor of 105% of the guarantee for the eligible populations.

  • If the Realized PEPM Claims exceed 105% of the Claims Target Guarantee, the Service Provider shall remit the appropriate amount to the Department no more than 15 Calendar Days after the receipt of the annual report.

  • Seller shall promptly reimburse Buyer for any payments made by any member of the Target Group on or after the Closing in respect of any Target Guarantee.

  • The Department will compute (excluding Medicare as noted above) the actual paid claims and divide by the average actual enrollment for the preceding Plan Year to establish the “Realized PEPM Claims.” The risk corridor established by the Claims Target Guarantee will be compared to the Realized PEPM Claims.

  • The PEPM basis guarantee amount will be calculated by dividing the aggregate Claims Target Guarantee by the average actual enrollment for the preceding Plan Year.


More Definitions of Target Guarantee

Target Guarantee means the share pledges, security interests, guarantees, indemnities, counter-indemnities, letters of credit and letters of comfort of any nature given by any Group Company pursuant to the Existing Facilities;
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Target Guarantee means a Guarantee granted by the Target (to be provided during the closing of the Acquisition).
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Target Guarantee means a corporate guarantee to be executed by Target in favour of the Lender in the Agreed Form.
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Related to Target Guarantee

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

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Subsidiary Guarantee means a Guarantee by a Subsidiary Guarantor of the Company’s obligations with respect to the Securities.

  • Guarantee means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.