Parent Company Guarantees definition

Parent Company Guarantees means (i) the parent company guarantees set forth in Schedule 2.1 (j); and (ii) any other guarantees furnished by Seller, FinnvedenBulten or any of their affiliates (other than the Company and the Subsidiaries) as security for any obligations of the Company or any of the Subsidiaries.
Parent Company Guarantees has the meaning set forth in Section 17.4(a).
Parent Company Guarantees means certain parent company guarantees issued by Kværner ASA as further detailed on

Examples of Parent Company Guarantees in a sentence

  • I The Performance Security Package is to be closed out based on the exchange of emails between the BBS Consortium and DLA Piper on 6 and 7 February 2008 regarding Parent Company Guarantee's and the CEC Guarantee.

  • Upon the occurrence of any event specified in Clauses 62.3(c)-(l) (as if such clauses referred to events with respect to "EELP or any substitute guarantor" rather than events with respect to "the other Party") or in the event of a breach by EELP or any substitute guarantor of its obligations under clause 14 of either of the Parent Company Guarantees, EE shall within 30 days procure a substitute guarantor meeting the conditions for a substitute guarantor set out in the Parent Company Guarantees.

  • Natural England accepts that Atkins PI insurance does not have a general cover for asbestos (6.4 of the Atkins tender proposal), and that Atkins does not routinely provide Parent Company Guarantees (6.4 of the Atkins tender proposal).

  • Individual Call Off Contracts may require the Supplier and Supply Chain to provide warranties and/or Parent Company Guarantees for the works and services delivered.

  • Buyer undertakes to co-operate with Seller and use its reasonable best efforts, to ensure that the Parent Company Guarantees and Security are released by the respective holders of such Parent Company Guarantees and Security on or before the Completion Date.

  • Parent Company Guarantees are given by • for a standalone company – the Controller, • for an unincorporated joint venture (more than one party) – the Controller of each Consortium Member or • for an incorporated joint venture– the Controller of each Consortium Member.

  • Except as set forth on Schedule 2.4(b)(ii), at Closing, Buyer shall deliver such documents and collateral as is necessary in order to substitute and release the Parent Company Guarantees.

  • The Developer may, at its request, reissue to the Connecting Transmission Owner the Parent Company Guarantees to reflect such reduced amount following Connecting Transmission Owner’s receipt of each Prepayment Amount from Developer, in a form and substance reasonably satisfactory to Connecting Transmission Owner for the remaining Project Costs.


More Definitions of Parent Company Guarantees

Parent Company Guarantees means the guarantees issued by the Parent Company as part of the Issuer Substitution in relation to the obligations and liabilities of the Plan Company under each of the six series of SUNs.
Parent Company Guarantees means each guarantee, indemnity, surety, comfort letter or similar assurance (other than the Bank Guarantees) given by any member of the Retained Group in respect of the obligations of any member of the Group or in relation to the Aker Soho Business of which the Sellers are aware, a complete and accurate list of which is set out in Part B of Appendix 2 (Guarantees);
Parent Company Guarantees means the parent company guarantees issued, or other collateral rendered, by Sellers or their Affiliates on behalf of the Companies listed in Schedule 5.5.1 (ii). Party means any of the Sellers or the Buyer, and Parties shall be construed according- ly. Phase I Environ- mental Report means the report dated November 26, 2015 prepared by ERM Consulting and Engineering, Inc. on the phase 1 environmental due diligence conducted by it on the Tampere site and Pori site in connection with the Due Diligence Review. Purchase Price means the consideration payable for the Shares as set out in Section 3.1.1. Real Property means the real property listed in Schedule 7.2.10.1. Related Party Agreements means agreements and other similar arrangements entered into between the Group Companies and any of the Sellers or their Affiliates, all listed in Schedule 7.2.15.1. Required Approvals means a decision by the Finnish Ministry of Employment and the Economy, or the Council of State, as the case may be, authorizing the Transaction in accord- ance with the Act on the Monitoring of Foreigners’ Corporate Acquisitions (172/2012, as amended). Review Period has the meaning set out in Section 3.3.2. Sadepo Oy Lease- hold has the meaning set out in Section 5.5.3. Sellers has the meaning set out in the introductory paragraph (2) hereof. Sellers’ Bank Ac- counts means the Sellers’ bank accounts listed on Schedule 3.1.2. Sellers’ Fundamen- tal Warranties means the representations and warranties given by the Sellers in Section 7.2.1 (Organization and Existence of Sellers), Section 7.2.2 (Power and Authorization of Sellers; Enforceable Agreement; Authority Approvals), Section 7.2.3 (Title and Authority to Transfer the Shares), Section 7.2.4 (Organization and Existence of the Company and the Subsidiaries), Section 7.2.5 (Ownership in Subsidiaries and Other Participations, and Section 7.2.6 (Capitalization). Sellers’ Knowledge means the knowledge of any member of the Board or the board of Bronto Skylift, Inc. or any Key Employees (excluding Key Employees number 5, 6 and 7 as listed on Schedule 7.2.16.1), after exercise of reasonable inquiry by such person to em- ployees under such person’s direct reporting lines. Sellers’ Warranties means the representations and warranties given by the Sellers in Section 7.2. Shares has the meaning set out in the introductory paragraph (C) hereof. Signing means the signing of this Agreement by the Sellers and the Buyer on the Signing Date. Signing Date means...
Parent Company Guarantees means certain parent company guarantees issued by Kværner ASA as further detailed on Schedule 1.03(c).
Parent Company Guarantees means guarantees by Reading & Bates Corporation in favour of inter alia the Seller xx substantially the form contained in Schedule 6;
Parent Company Guarantees shall have the meaning given in Section 2.4(b).

Related to Parent Company Guarantees

  • Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Parent Guarantee means the guarantee provided by the Parent Guarantor for purposes of financial reporting.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantees As defined in the preamble hereto.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.