New Guaranty definition

New Guaranty means a guaranty agreement in form, scope and substance that is similar in all material respects to the Guaranty executed by the Person who is being replaced as Guarantor or the assumption by such Person of all of the obligations of the Person who is being replaced as Guarantor under the guaranty executed by such Person."
New Guaranty has the meaning specified in Section 5.12(b).
New Guaranty means a new or amended and restated guaranty to be entered into among the Reorganized Debtor and holders of Existing Guaranties, which shall provide, inter alia, that (i) the guaranty shall be a collection guaranty and not a payment guaranty and (ii) the guarantor shall have no obligation to cash collateralize any of its liability thereunder.

Examples of New Guaranty in a sentence

  • This Guaranty shall not be affected by any change in Dwelling unit under the terms of the Lease Agreement and any addenda, renewals, and amendments thereto.THIS GUARANTY SHALL BE A CONTINUING GUARANTEE AND SHALL REMAIN IN FULL FORCE AND EFFECT IF TENANT RENEWS THE LEASE (WITHOUT THE NEED FOR A NEW GUARANTY FROM ME), WHETHER IN THE DWELLING OR ANY OTHER DWELLING IN THE NEIGHBORHOOD, BEYOND THE TIME PERIOD OF THE ORIGINAL LEASE AGREEMENT AS LONG AS THE LEASE IS RENEWED ON OR BEFORE AUGUST 1, 2021.


More Definitions of New Guaranty

New Guaranty means the “Guaranty” (as that term is defined in the New Purchase Agreement) by each Guarantor of the New Notes made pursuant to Article XI of the New Purchase Agreement.
New Guaranty means that certain Guaranty Agreement, dated as of the Effective Date, executed by BH Guarantor, in favor of Administrative Agent for the ratable benefit of Bank of America, N.A. and Regions Bank, an Alabama banking corporation, regarding the obligations of Borrowers under the Loan and the obligations of the Borrowers under the Frisco Loan.
New Guaranty means the Guaranty of Recourse Obligations of Borrower to be executed by Kramont and each Operating Partnership and delivered to Lender for each Loan that Lender elects to sell or securitizes, in form and substance acceptable to Lender.
New Guaranty means the guaranty agreement of even date executed and delivered to the Lender by the New Guarantor.
New Guaranty means the Limited Guaranty in the form annexed ------------ hereto as Exhibit C, or as may be modified by the mutual agreement of Fleet and --------- the Debtor.
New Guaranty a Guaranty in the form of Exhibit C made by FVE in favor of the SNH Purchaser as Landlord under the New Lease pursuant to which FVE guarantees the payment and performance of the obligations of the New Tenant under the New Lease.
New Guaranty is defined in Section 7.03(f) RIDER TO MULTIFAMILY LOAN AND SECURITY AGREEMENT (CME) LIMITED PARTNER OR NON-MANAGING MEMBER TRANSFER (Revised 9-1-2011) The following changes are made to the Loan Agreement which precedes this Rider: