Recourse Guaranty definition

Recourse Guaranty means that certain Guaranty of Recourse Obligations of Borrower, dated as of the date hereof, by Guarantor in favor of Lender, as the same may be amended, supplemented, restated or otherwise modified from time to time.
Recourse Guaranty means any general recourse guarantee by the Borrower or any Subsidiary of Indebtedness pursuant to a Receivables Securitization, which guarantee is either unsecured or secured solely by a pledge of the Equity Interests of the Securitization Entity that is a party to such Receivables Securitization.
Recourse Guaranty means the Recourse Guaranty executed by Guarantor to Administrative Agent (on behalf of the Lenders) on the Closing Date, as the same may be modified, supplemented or amended from time to time.

Examples of Recourse Guaranty in a sentence

  • To the extent that Administrative General Partner or its Related Party is required to pay amounts under any Recourse Guaranty (a “Recourse Guaranty Payment”) for any reason, the Partnership shall upon five days’ written demand reimburse the Administrative General Partner or its Related Party (as applicable) for any Recourse Guaranty Payment, plus interest thereon, at the lesser of (i) 10% per annum compounded annually and (ii) the maximum interest rate permitted by law.

  • As a condition precedent to the execution of the First Lien Credit Agreement, EPI executed a Limited Recourse Guaranty Agreement (“EPI Term Loan Guaranty”) to satisfy the liabilities and obligations incurred under the First Lien Credit Agreement.

  • Notwithstanding anything contained in this Agreement, (i) the Administrative General Partner shall not be required to pay any Recourse Guaranty Payment for any Authorized Financing until such Authorized Financing is paid in full; and (ii) the Managing General Partner shall not be responsible to pay any Recourse Guaranty Payment at any time.

  • The Recommendation clarifies in this action that Credit Suisse is pursuing damages for the Defendants’ alleged breaches of the terms of the Non- Recourse Guaranty agreement.

  • Limited Recourse Guaranty dated as of April 1, 2015, by Hawaii Pacific Energy, LLC.


More Definitions of Recourse Guaranty

Recourse Guaranty means that certain Guaranty of Recourse ----------------- Obligations of even date herewith, in form and substance satisfactory to Lender in its sole discretion, from Guarantor for the benefit of Lender.
Recourse Guaranty means the guaranty of recourse obligations, dated as of the Closing Date, made in favor of Lender by Operating Partnership and Sponsor, as the same may be amended, replaced, supplemented or otherwise modified from time to time in accordance herewith.
Recourse Guaranty means that certain Mezzanine A Loan Limited Recourse Guaranty executed by Guarantor and dated as of the date hereof, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Recourse Guaranty. (Mezzanine) shall mean that certain Guaranty of Recourse Obligations of Mezzanine Borrower, dated as of the date hereof, by Guarantor in favor of Mezzanine Lender, as the same may be amended, supplemented, restated or otherwise modified from time to time.
Recourse Guaranty means the Guaranty of Recourse Obligations entered into by the Guarantor in favor of Mezzanine Lender, as the same may hereafter be modified, amended or supplemented from time to time.
Recourse Guaranty means that certain Amended and Restated Guaranty of Recourse Obligations, dated as of October 31, 2007, made by the Stockbridge Guarantors and SBE Entertainment Group, LLC, a California limited liability company, as may be amended, restated, replaced, severed, split, supplemented or otherwise modified from time to time.
Recourse Guaranty means that certain Limited Recourse Guaranty executed by Guarantor and dated as of the date hereof, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.