Upstream Guarantee definition

Upstream Guarantee means the joint and several upstream guarantee dated on or about the Issue Date, and (if required) as amended on or about the Second Amendment effective Date, and executed by the Upstream Guarantors in favour of the Bondholders and securing the payment obligations of the Issuer towards the Bondholders under the Bonds, as such upstream guarantee may be varied, superseded and/or amended from time to time.
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Upstream Guarantee means the joint and several guarantee dated [●] executed by the Material Subsidiaries in favour of the Noteholders, the term of which are contained in the Programme Memorandum, as such guarantee may be varied, superseded and/or amended from time to time; and
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Upstream Guarantee is defined in Section 6.3(E). "WORKING CAPITAL" means, as at any date of determination, the excess, if any, of (i) the Borrower's consolidated current assets, except cash and Cash Equivalents, over
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Examples of Upstream Guarantee in a sentence

  • The Issuer shall on demand by the Agent pay all costs for external experts engaged after the occurrence of an Event of Default, or for the purpose of investigating or considering (i) an event which the Agent reasonably believes is or may lead to an Event of Default or (ii) a matter relating to the Issuer or the Upstream Guarantee which the Agent reasonably believes may be detrimental to the interests of the Bondholders under the Finance Documents.

  • However, the Agent is not responsible for the execution or enforceability of the Finance Documents or the perfection of the Upstream Guarantee.

  • Each of Elster GmbH, ▇▇▇▇▇▇, ▇▇▇▇▇▇ Holding UK Limited, Elster Holding US Inc., Elster Holdings Netherlands B.V. and Elster Finance B.V. has the right to accede to the New Facilities Agreement as a borrower upon its request without any consent being required to be granted by any Finance Party (as defined in the New Facilities Agreement) or any other person, provided that prior to the ▇▇▇▇▇▇▇▇▇ Upstream Guarantee Date (as defined in the New Facilities Agreement) Elster Holding US Inc.

  • Exhibit 1 - Canadian Upstream Guarantee Exhibit 2 - Canadian Downstream Guarantee TO: CANADIAN IMPERIAL BANK OF COMMERCE, as Administrative Agent for and on behalf of (a) the Lenders, as defined below; and (b) the Hedge Lenders, as defined in the Credit Agreement described below.

  • Exhibit 1 - Canadian Upstream Guarantee Exhibit 2 - Canadian Downstream Guarantee Exhibit 1 Canadian Upstream Guarantee3 TO: CANADIAN IMPERIAL BANK OF COMMERCE, as Administrative Agent for and on behalf of (a) the Lenders, as defined below, and (b) the Hedge Lenders, as defined in the Credit Agreement described below.

  • Subject to Section 6.06 of the Indenture, the Affiliate Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of Parent, any right to require a proceeding first against Parent, protest, notice and all demands whatsoever and covenants that this Upstream Guarantee shall not be discharged except by complete performance of the obligations contained in this Supplemental Indenture.

  • If any Securityholder or the Trustee is required by any court or otherwise to return to Parent or any custodian, Trustee, liquidator or other similar official acting in relation to Parent, any amount paid by Parent to the Trustee or such Securityholder under the Parent Guarantee or this Supplemental Indenture, this Upstream Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect.

  • On and from the ▇▇▇▇▇▇▇▇▇ Upstream Guarantee Date the term Obligor’s Agent shall mean the Company irrespective of any previous issue of a Revocation Notice.

  • The Affiliate Guarantor hereby affirms its Upstream Guarantee under the 2019 Supplemental Indenture, subject to the terms, qualifications, limitations and release provisions set forth in the 2019 Supplemental Indenture.

  • The Company shall further procure that, prior to the ▇▇▇▇▇▇▇▇▇ Upstream Guarantee Date, it holds directly or indirectly all shares in Bidco, Bidco 2 and UK Subsidiary over the lifetime of the Facilities.


More Definitions of Upstream Guarantee

Upstream Guarantee means the joint and several upstream guarantee dated on or about the Issue Date and executed by the Upstream Guarantors in favour of the Bondholders and securing the payment obligations of the Issuer towards the Bondholders under the Bonds, as such upstream guarantee may be varied, superseded and/or amended from time to time.
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Upstream Guarantee is defined in Section 6.3(E).
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Upstream Guarantee means the guarantee and indemnity of the Guarantor in Clause 3.
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Upstream Guarantee means, in respect of Senior Notes only, the guarantee and indemnity of the Guarantor in Clause 3; and
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Related to Upstream Guarantee

  • 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.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of SBA Indebtedness of an SBIC Subsidiary on SBA’s then applicable form, provided that the recourse to the Obligors thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (r) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • 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.

  • Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).

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