Trust Guarantee definition

Trust Guarantee means the Trust Guarantee Agreement executed and delivered by the Corporation and American Stock Transfer & Trust Company, as Guarantee Trustee, contemporaneously with the execution and delivery of this Trust Agreement, for the benefit of the Holders of the Trust Preferred Securities, as amended from time to time.
Trust Guarantee means any guarantee of Borrower of the Trust Preferred Securities, which guarantee is subordinate and junior in right of payment to the prior payment of the obligations of Borrower hereunder and under the Note on terms satisfactory to Lender.
Trust Guarantee shall have the meaning set forth in the preamble

Examples of Trust Guarantee in a sentence

  • To the extent permitted by the Trust Indenture Act, the Property Trustee shall not be deemed to have a conflicting interest by virtue of being trustee under the Trust Guarantee.

  • The Trust Guarantee Trustee shall also comply with the requirements of Section 313(d) of the Trust Indenture Act.

  • Each Holder of Trust Preferred Securities and Trust Common Securities, by the acceptance thereof, agrees to the provisions of the applicable Trust Guarantee, the Partnership Guarantee, and the Investment Guarantee, respectively, including the subordination provisions therein.

  • Except for the Notes, Note Guarantees and Trust Guarantee, this Indenture may not be used to interpret any other indenture, loan or debt agreement of the Issuer or its Subsidiaries or of any other Person.

  • However, the Issuer will remain liable for such payments and the Trust Guarantee and any Subsidiary Guarantor's Subsidiary Guarantee with respect to such payments will remain in effect.


More Definitions of Trust Guarantee

Trust Guarantee means the Guarantee by the Trust of the obligations of (1) the Issuer under this Indenture and the Notes and (2) each Subsidiary Guarantor under its Note Guarantee and this Indenture.
Trust Guarantee means the Trust Guarantee Agreement executed and --------------- delivered by the Depositor to The Bank of New York, a New York banking corporation, as trustee thereunder, contemporaneously with the execution and delivery of this Trust Agreement, for the benefit of the Holders of the Trust Preferred Securities, as amended from time to time.
Trust Guarantee means a guarantee by the Trust guaranteeing the obligations of the Company to each holder of a Note, which shall be satisfactory in form and substance to the holders of Notes, as amended, restated, supplemented, modified or replaced from time to time.
Trust Guarantee. The term "Trust Guarantee" shall mean the guarantee, if any, that the Company may enter into that operates directly or indirectly for the benefit of holders of Trust Preferred Securities, if any, issued by a Hawaiian Electric Industries Capital Trust.
Trust Guarantee means the Trust Guarantee Agreement dated as of March 23, 2006, entered into by the Company, as Guarantor, for the benefit of the Holders of the Trust Securities.
Trust Guarantee the Guarantee, substantially in the form of --------------- Exhibit N, to be made by the Trust in favor of the Administrative Agent for the benefit of the Lenders, as the same may be amended, supplemented or otherwise modified from time to time.
Trust Guarantee. The Trust Guarantee Agreement dated as of the Closing Date between the Company, as guarantor, and Law Debenture Trust Company of New York, as Trust Guarantee Trustee, for the benefit of the Holders of the Trust Securities, as amended, modified or supplemented from time to time.