U.S. Guarantee definition

U.S. Guarantee means Article X of this Agreement.

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U.S. Guarantee as defined in Section 7.1(a).

U.S. Guarantee shall have the meaning assigned to such term in the recitals hereto.

Examples of U.S. Guarantee in a sentence

• Each U.S. Guarantor has determined that execution, delivery, and performance of this Agreement with respect to the U.S. Guarantee and any other Loan Documents to be executed by such U.S. Guarantor is within its purpose, will be of direct and indirect benefit to such U.S. Guarantor, and is in its best interest.

• All terms of this U.S. Guarantee apply to and may be enforced by or on behalf of any domestic or foreign branch or Affiliate of any Lender or Issuing Bank that extended any portion of the U.S. Guaranteed Obligations.

• Each U.S. Guarantor agrees that, to the fullest extent permitted by applicable law, the U.S. Guaranteed Obligations may at any time and from time to time exceed the Maximum U.S. Liability of each U.S. Guarantor without impairing this U.S. Guarantee or affecting the rights and remedies of the Lenders hereunder; provided that nothing in this sentence shall be construed to increase any U.S. Guarantor’s obligations hereunder beyond its Maximum U.S. Liability.

• Each of the U.S. Guarantors covenants and agrees that its right to receive any contribution under this U.S. Guarantee from a Non-Paying U.S. Loan Party shall be subordinate and junior in right of payment to the payment in full in cash of the U.S. Guaranteed Obligations.

• This U.S. Guarantee is a Guarantee of payment and not of collection.

More Definitions of U.S. Guarantee

U.S. Guarantee means the US Guarantee, made by Holdings and each US Subsidiary Guarantor in favor of the Administrative Agent and the Canadian Administrative Agent for the ratable benefit of the Lenders, substantially in the form of Exhibit B-1, as the same may be amended, supplemented or otherwise modified from time to time.

U.S. Guarantee means, collectively, the guarantees by the U.S. Borrowers in favor of the Collateral Agent for the benefit of the Secured Parties in respect of the Obligations made pursuant to the U.S. Security Agreement or otherwise.

U.S. Guarantee means the guarantee and indemnity dated 8 June 2006 between the Parent, ResMed Corp., the Borrower and the Security Trustee.

U.S. Guarantee means the U.S. Guarantee made by the U.S. Guarantors in favor of the Administrative Agent for the benefit of the Secured Parties, substantially in the form of Exhibit C.

U.S. Guarantee means a guarantee governed by New York law entered into by a U.S. Obligor in respect of certain obligations of the Obligors under the Finance Documents (including any U.S. Guarantee Supplement entered into pursuant thereto).

U.S. Guarantee means the US guarantee dated on or around the date of this Agreement granted by the Parent in favour of the Lender pursuant to which the Parent guarantees the obligations of the Borrower under this Agreement to the Lender.

U.S. Guarantee means the New York law guarantee entered into between the Guarantor, the Facility Agent and the Security Agent dated on or about the Amendment and Restatement Date.