Examples of Foreign Guaranty in a sentence
The entity providing a Foreign Guaranty on behalf of a Participant is a Foreign Guarantor.
A Foreign Guaranty is a Corporate Guaranty that is provided by an Affiliate entity that is domiciled in a country other than the United States or Canada.
Must contain provisions equivalent to those contained in PJMSettlement’s standard form of Foreign Guaranty with any modifications subject to review and approval by PJMSettlement counsel.
A Participant may provide a Foreign Guaranty in satisfaction of part of its credit obligations or voluntary credit provision at PJMSettlement provided that all of the following conditions are met: PJMSettlement reserves the right to deny, reject, or terminate acceptance of any Foreign Guaranty at any time, including for material adverse circumstances or occurrences.
A Foreign Guaranty is a Corporate Guaranty that is provided by a Credit Affiliate entity that is domiciled in a country other than the United States or Canada.