Borrower Guaranty definition

Borrower Guaranty and “Borrower Guaranties” are defined in Section 2.9(c).

Borrower Guaranty means the Borrower Guaranty made by the Borrower in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

Borrower Guaranty means an unconditional guaranty of payment substantially in the form of Exhibit D attached hereto, enforceable against the applicable Borrower for the payment of a Qualified Borrower’s debt or obligation to Lenders.

Examples of Borrower Guaranty in a sentence

• Nothing, including, without limitation, any Borrowing, any Rollover, any Conversion, any issuance of any Letter of Credit or acceptance of any Borrower Guaranty or other document or instrument, shall be construed as a representation or warranty, express or implied, to any party by any of the Lenders, the Letter of Credit Issuer and the Administrative Agent as to whether any investment by any Borrower is permitted by the terms of the Constituent Documents of such Borrower or any other Credit Party.

• Administrative Agent may conclusively rely on Lenders as to the amount due to Lenders under any Qualified Borrower Note or Borrower Guaranty.

• None of the Lenders, the Letter of Credit Issuer or the Administrative Agent shall (a) have any liability, obligation, or responsibility whatsoever with respect to any Borrower’s use of the proceeds of the Loans or the Letters of Credit or its execution and delivery of any Borrower Guaranty, or (b) be obligated to determine whether or not any Borrower’s use of the proceeds of the Loans or the Letters of Credit is for purposes permitted under the Constituent Documents of any Credit Party.

More Definitions of Borrower Guaranty

Borrower Guaranty means the guaranty of each Borrower pursuant to Section 14.

Borrower Guaranty means the joint and several obligation of each Borrower Guarantor to pay the Obligations of the other Borrowers pursuant to Section 14 of this Agreement.

Borrower Guaranty means the Obligations of a Borrower Guarantor undertaken pursuant to Article X.

Borrower Guaranty means that certain Guaranty, dated as of even date herewith, pursuant to which the Borrower guaranties all Lithia Dealership obligations arising under any Wholesale Line, as it may be amended, restated or otherwise modified and in effect from time to time.

Borrower Guaranty means a guaranty delivered by the Borrower in the form attached hereto as Exhibit D.

Borrower Guaranty means the Guaranty dated as of the Closing Date duly executed and delivered to Lender by each of the Borrowers substantially in the form of Exhibit B, as the same may be amended, supplemented or otherwise modified from time to time.

Borrower Guaranty means each of the Guarantee, dated as of September 20, 1996 made by the Borrower for the benefit of Citicorp U.S.A., Inc., and subsequently assigned to Citicorp North America, Inc. and the Guarantee dated as of April 1, 1999 made by the Borrower for the benefit of Citicorp North America, Inc., in each case as such Guaranty respectively may be amended or otherwise modified from time to time.