Guaranteed Obligation definition

Guaranteed Obligation and “Guaranteed Obligations” shall have the meaning assigned thereto in the Guarantee set forth on the signature pages hereto.

Guaranteed Obligation has the meaning set forth in Section 7.1.

Guaranteed Obligation has the meaning set forth in Section 9(a).

Examples of Guaranteed Obligation in a sentence

• Each Guarantor further agrees (to the extent permitted by law) that the obligations of the Issuer and any other Guarantor under this Indenture and the Notes (the “Guaranteed Obligations”) may be modified in any manner and may be extended or renewed, in whole or in part, without notice or further assent from it, and that it will remain bound under this Article X notwithstanding any modification, extension or renewal of any Guaranteed Obligation.

• If Counterparty fails to pay any Guaranteed Obligations when due, Guarantor shall, as an independent obligation, promptly upon receiving written notice of such failure from Guaranteed Party, pay such Guaranteed Obligation to Guaranteed Party in accordance with the terms and provisions of the Agreement.

More Definitions of Guaranteed Obligation

Guaranteed Obligation shall have the meaning ascribed to it in Section 16.01.

Guaranteed Obligation and “Guaranteed Obligations” shall have the meanings set forth in Section 1.1 of the Guarantee.

Guaranteed Obligation means, as to any Person, any (a) guarantee by that Person of Indebtedness of, or other obligation performable by, any other Person or (b) assurance given by that Person to an obligee of any other Person with respect to the performance of an obligation by, or the financial condition of, such other Person, whether direct, indirect or contingent, including any purchase or repurchase agreement covering such obligation or any collateral security therefor, any agreement to provide funds (by means of loans, capital contributions or otherwise) to such other Person, any agreement to support the solvency or level of any balance sheet item of such other Person or any “keep-well” or other arrangement of whatever nature given for the purpose of assuring or holding harmless such obligee against loss with respect to any obligation of such other Person; provided, however, that the term Guarantee Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Guarantee Obligation in respect of Indebtedness shall be deemed to be an amount equal to the stated or determinable amount of the related Indebtedness (unless the Guarantee Obligation is limited by its terms to a lesser amount, in which case to the extent of such amount) or, if not stated or determinable, the reasonably anticipated liability in respect thereof as determined by the Person in good faith pursuant to Generally Accepted Accounting Principles.

Guaranteed Obligation shall have the meaning specified in Section 15.01.

Guaranteed Obligation has the meaning specified in the Guaranty.

Guaranteed Obligation shall have the meaning specified in Section 2.1 hereof.

Guaranteed Obligation has the meaning set forth in the recitals hereof. Each reference herein to the Guaranteed Obligation shall include reference to the rights associated with the Guaranteed Obligation under the Loan Documents.