Guarantor Proceeding definition

Guarantor Proceeding has the meaning specified in Section 14.03.
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Guarantor Proceeding has the meaning set forth in the Recitals of this Agreement.
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Guarantor Proceeding has the meaning set forth in Section 9.2(b).
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Examples of Guarantor Proceeding in a sentence

  • The provisions of this Section 14 shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Senior Indebtedness is rescinded or must otherwise be returned by a holder of Senior Indebtedness upon any Guarantor Proceeding or otherwise, all as though such payment had not been made.

  • The provisions of this Section 6 shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Guarantor Senior Debt is rescinded or must otherwise be returned by a holder of Guarantor Senior Debt upon any Guarantor Proceeding (as defined below) or otherwise, all as though such payment had not been made.

  • Nothing contained in this Section 6 or elsewhere in this Guaranty shall prevent (i) any Guarantor, at any time except during the pendency of any Guarantor Proceeding referred to in Section 6(a) or under the conditions described in Section 6(b), from making Guarantee Payments, or (ii) the retention of such Guarantee Payment by any Lender, if, at the time of such Guarantee Payment it did not have knowledge that such Guarantee Payment would have been prohibited by the provisions of this Section 6.

  • In case of the pendency of any Guarantor Proceeding, the holders of Guarantor Senior Debt shall be entitled to receive payment in full of principal of (and premium, if any) and interest, if any, on such Guarantor Senior Debt, or provision shall be made for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of Guarantor Senior Debt, before any payment is made in respect of the Guarantee.

  • Nothing contained in this Article 8 or elsewhere in this Indenture or in the Notes shall, at any time except during the pendency of any Guarantor Proceeding referred to in Section 8.3 or under the conditions described in Section 8.3, prevent (a) the Guarantor from making Guarantor Securities Payments, or (b) the application by the Trustee of any money deposited with it hereunder to Guarantor Securities Payments or the retention of such payment by the Holders.

  • If after a written request by the Administrative Agent under the Credit Facility the Trustee does not file a proper claim in any Subsidiary Guarantor Proceeding at least ninety days before the expiration of the time allowed in such Subsidiary Guarantor Proceeding to file such claim, then the Administrative Agent under the Credit Facility will be authorized (but shall not have any obligation) to do so for and on behalf of the Holders.

  • Nothing contained in this Section 14 or elsewhere in this Agreement or in any of the Subsidiary Guarantees shall prevent any Guarantor, at any time except during the pendency of any Guarantor Proceeding referred to in Section 14.06 or under the conditions described in Section 14.07, from making Guarantee Payments.


More Definitions of Guarantor Proceeding

Guarantor Proceeding has the meaning specified in Section 15.2.
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Guarantor Proceeding shall have the meaning set forth in Section 11.02 of this Supplemental Indenture.
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Guarantor Proceeding has the meaning specified in Section 1602.
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Guarantor Proceeding has the meaning assigned to that term in Section 10.6.
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Related to Guarantor Proceeding

  • Action or Proceeding means any action, suit, proceeding, arbitration or investigation by or before any Governmental Authority.

  • ADR Proceeding means either an Arbitration or a Mediation.

  • Criminal proceeding means a proceeding instituted by means of the swearing of an information, the laying of a charge or the return of an indictment, before a Court of competent jurisdiction in Canada with jurisdiction to hear and determine the charges referred to therein, alleging or charging that the "Insured" has contravened the provisions of any Provincial or Federal statute, including the Criminal Code, R.S.C. 1985 ch. C-46 as amended, which creates an offence or crime and which provides for conviction thereunder, whether by way of summary conviction or indictment, and as a result of which the "Insured" is liable to be convicted, fined or sentenced to some form of imprisonment or other punishment.

  • Final Judgment means the Judgment Entered by the Court upon Granting Final Approval of the Settlement.

  • foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Derivative proceeding means a civil suit in the right of a domestic corporation or, to the extent

  • Actions or Proceedings means any action, suit, proceeding, arbitration or Governmental or Regulatory Authority investigation or audit.

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Legal Proceeding means any action, suit, litigation, arbitration, proceeding (including any civil, criminal, administrative, investigative or appellate proceeding), hearing, inquiry, audit, examination or investigation commenced, brought, conducted or heard by or before, or otherwise involving, any court or other Governmental Body or any arbitrator or arbitration panel.

  • Specified Courts is defined in Section 6.9.

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • Original Jurisdiction means, in relation to an Obligor, the jurisdiction under whose laws that Obligor is incorporated as at the date of this Agreement.

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • eligible proceeding means a legal proceeding or investigative action, whether current, threatened, pending or completed, in which a director, former director or alternate director of the Company (an “eligible party”) or any of the heirs and legal personal representatives of the eligible party, by reason of the eligible party being or having been a director or alternate director of the Company:

  • Foreign Guarantors means (a) Diodes Zetex Limited, a company incorporated and registered under the laws of England and Wales, (b) Diodes Holdings UK Limited, a company incorporated and registered under the laws of England and Wales, (c) Diodes Holding and (d) each other Foreign Subsidiary that becomes a guarantor.

  • Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.

  • Bankruptcy Proceeding means any case, action or proceeding before any court or other Governmental Authority relating to any Bankruptcy Event.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;