Xxxxxxx Guarantee definition

Xxxxxxx Guarantee. With respect to any Person (the “guarantor”) means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment thereof, (b) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation or (d) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness or obligation; provided that the term Xxxxxxx Guarantee shall not include endorsements for collection or deposit in the ordinary course of business or indemnity obligations entered into in connection with any acquisition or disposition of assets permitted under this Agreement. The amount of any Xxxxxxx Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Xxxxxxx Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith.
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Xxxxxxx Guarantee has the meaning set forth in Section 6.06(a).
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Xxxxxxx Guarantee the meaning ascribed to such term in the Recitals to this Agreement, as such Guarantee is modified by the Guarantee Amendment.
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Examples of Xxxxxxx Guarantee in a sentence

  • With respect to the Securities of a series issued to a Bear Xxxxxxx Trust notwithstanding anything to the contrary in the Indenture, the Company shall have the right to set-off any payment it is otherwise required to make thereunder in respect of any such Security to the extent the Company has theretofore made, or is concurrently on the date of such payment making, a payment under the Bear Xxxxxxx Guarantee relating to such Security or under Section 6.05 of the Indenture.

  • Moulding Department Utility Utility Moulders Guarantee Normal or Downtime Moulding Squeezer Cope & Drag Cope Drag Cope & Drag Xxxxx Blowmatic Operator Blowmatic Operator Secondary Operator Xxxxxxx Learner Days Days Xxxxxxx Guarantee “Low Productivity” Lift Truck Operator + General Labour Xxxxxxx Piece Work Rates: Piece work rates for moulders to incorporate the “add from the previous agreement plus the hourly increases, and the cost of living increases of this contract.

  • Also, the data for this study are collected from a single source, which creates the problem of common method variance.

  • However, after the Xxxxxx'x Guarantee has been retired, refinanced, or released, Xxxxxx'x shall have no further obligation to incur or guarantee debt on behalf of the Company.

  • Party B agrees to create security deposit pledge guarantee for the joint and several guarantee liability of Xxxxxxx Guarantee under the Tripartite Cooperation Agreements, by providing security deposit.

  • NOW, Party B is willing to provide security deposit pledge guarantee for the above joint and several guarantee liability of Xxxxxxx Guarantee within the scope of guarantee agreed herein, THEREFORE, in order to specify the rights and obligations of the Parties, the Parties hereto enter into the following agreement in good faith and upon friendly consultation according to the provisions of applicable laws and regulations.

  • Following such I | approvalandrelocation,'aradiationsurvedballbemadeinaccordancewith j l Condition 18., and reported to the Comission within thirty (30) days after g I completion of the move.

  • Bear Xxxxxxx may not sell or otherwise dispose of all or substantially all of its Assets to, or consolidate with or merge with or into (whether or not Bear Xxxxxxx is the surviving Person) another Person unless the Person acquiring the property in any such sale or disposition or the Person formed by or surviving any such consolidation or merger unconditionally assumes all the obligations of Bear Xxxxxxx under this Agreement, the Bear Xxxxxxx Guarantee and the other Transaction Documents.

  • The specific provision stipulating the action of recourse against the exporter forms an integral part of the Insurance Policy.

  • Upon written notice from the Company to Parent (which written notice may be given at the Company’s sole discretion only upon the occurrence of a Removal Event), the Company Consent shall be deemed to be null and void and the Xxxxxxx Equity Commitment Letter and the Xxxxxxx Guarantee shall be terminated with no further action by any Person.


More Definitions of Xxxxxxx Guarantee

Xxxxxxx Guarantee means that certain Guarantee, dated as of the date hereof, of Xxxxxxx to the Lender, pursuant to which Xxxxxxx guarantees all of the Obligations of the Borrowers under this Agreement, as the same may be amended supplemented or otherwise modified from time to time.
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Xxxxxxx Guarantee means the term as defined in Section 2.2(f).
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Xxxxxxx Guarantee refers to Xxxxxx'x agreement to individually guarantee up to Sixty Million Dollars ($60,000,000.00) in Loans (as defined below) on behalf of the Company as provided in Section 3.5 of this Agreement.
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Xxxxxxx Guarantee means a guarantee, dated July 25, 1996, by the Seller in favor of the Bank, by which the Seller guarantees payment of the Company Indebtedness.
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Xxxxxxx Guarantee means the guarantee from Xxxxxxx to Borrower guaranteeing Delta-T Corporation's performance of the Construction Agreement.
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Related to Xxxxxxx 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.

  • 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.

  • Note Guarantee means the Guarantee by each Guarantor of the Issuer’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Subsidiary Guarantee means the guarantee of the Notes by each Subsidiary Guarantor under this Indenture.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Consumer Guarantee means a consumer guarantee applicable to this contract under the Australian Consumer Law, including any Express Warranty.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower 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 (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • 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.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Service Guarantee means any payment or other benefit that one party provides to the other party when it fails to meet a Service Standard for which a guarantee payment is provided should that Service Standard not be met;

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Security Guarantee means the guarantee of the Securities executed by each Guarantor and the notation thereof executed pursuant to the provisions of this Indenture.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • 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.

  • Call Off Guarantee means a deed of guarantee that may be required under this Call Off Contract in favour of the Customer in the form set out in Framework Schedule 13 (Guarantee) granted pursuant to Clause 7 (Call Off Guarantee);

  • 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.

  • 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:

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Guarantee and Collateral Agreement the Guarantee and Collateral Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Eligible Guarantee means an unconditional and irrevocable guarantee that is provided by a guarantor as principal debtor rather than surety and is directly enforceable by Party B, where either (A) a law firm has given a legal opinion confirming that none of the guarantor’s payments to Party B under such guarantee will be subject to withholding for Tax or (B) such guarantee provides that, in the event that any of such guarantor’s payments to Party B are subject to withholding for Tax, such guarantor is required to pay such additional amount as is necessary to ensure that the net amount actually received by Party B (free and clear of any withholding tax) will equal the full amount Party B would have received had no such withholding been required.

  • Loan guarantee means any guar- antee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal Lender, but does not in- clude the insurance of deposits, shares, or other withdrawable accounts in fi- nancial institutions.

  • 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.