Additional Credit Support. As additional credit support for, and as an inducement for Lender to make, the Loan contemplated hereunder, all Obligations of Borrower to Lender shall be guaranteed by Guarantor, jointly and severally with Borrower, pursuant to the Guaranty. The obligations of Guarantor shall be absolute, unconditional and unlimited, and shall continue so long as any Obligations of Borrower to Lender remain outstanding.
Additional Credit Support. (a) The Loan will not be guaranteed and all references to "Guaranties" and "Guarantors" in this Agreement may be disregarded.
Additional Credit Support. The Seller’s obligations under the Agreement during the period after the end of the General Warranty Period, including its obligations with respect to the warranties set forth in Article 9, shall be supported by cash Collateral, a Letter of Credit, a parent guaranty, or other credit support, in each case acceptable to the Purchaser in its sole discretion.
Additional Credit Support. Century shall provide and maintain additional credit support in the form required by any RTO or ISO and in the amount (a) determined by Big Rivers prior to termination of the Arrangement Agreement or, if after such termination, Kenergy with respect to the provision of Electric Services for resale to Century and (b) required under any Bilateral Contract for the purchase by Kenergy of any Electric Services for resale to Century, without the requirement for Big Rivers to provide credit support or be liable to the Bilateral Counterparty.
Additional Credit Support. Party A undertakes to repay the capital of the Securitization project for the current period, with support by the Tianjin Municipal People's Government with the financial funds of Tianjin.
Additional Credit Support. XXXXXXX XXXXX PAN and XXXX XXXX PAN ------------------------- (collectively, "Guarantors") will guaranty Borrower's obligations under this Agreement pursuant to a Payment Guaranty of even date herewith (collectively, the "Guaranties").
Additional Credit Support. Unless otherwise consented to by the Agent, the Borrowers shall cause the Specified Supplier Letter of Credit (or a replacement therefor acceptable to the Agent) to be maintained at all times, unless such letter of credit has been fully drawn by the beneficiary thereof. Notwithstanding the foregoing, if no Default or Event of Default has occurred and is continuing or would result therefrom, the Specified Supplier Letter of Credit may be reduced or terminated in a maximum amount not to exceed the aggregate amount of all Additional Equity Contributions not otherwise utilized for a reduction to the Supporting Letters of Credit.
Additional Credit Support. (a) Upon the occurrence of the Guarantee and Pledge Date, the Borrower shall, within five Business Days after the Guarantee and Pledge Date:
(i) deliver to the Administrative Agent an Assumption Agreement with respect to the CCO Guarantee and Collateral Agreement duly authorized and executed by each Additional Subsidiary Guarantor;
(ii) to the extent not previously so delivered, deliver to the Administrative Agent the certificates, if any, representing any Equity Interests (constituting securities within the meaning of Section 8-102(a)(15) of the New York UCC) and Intercompany Notes required to be pledged by any Additional Subsidiary Guarantor, together with, as applicable, undated stock powers, instruments of transfer and endorsements, in blank, executed and delivered by a duly authorized officer of the relevant Additional Subsidiary Guarantor;
(iii) deliver to the Administrative Agent such documents and instruments as the Administrative Agent reasonably deems necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a perfected first priority security interest, subject to Liens not prohibited by Section 7.3, in all assets (other than assets excluded under Section 3 of the CCO Guarantee and Collateral Agreement) owned by each Loan Party (other than Holdings) which may be perfected by filing a Uniform Commercial Code financing statement with the Secretary of State of the jurisdiction of organization of such Loan Party; and
(iv) cause an opinion of counsel to be delivered as to each Additional Subsidiary Guarantor's due execution, authorization and delivery of the relevant Assumption Agreement, the enforceability thereof and of the CCO Guarantee and Collateral Agreement as to such Additional Subsidiary Guarantor and the creation and perfection of security interests pursuant to the CCO Guarantee and Collateral Agreement, in form and substance reasonably satisfactory to the Administrative Agent.
(b) Upon the occurrence of the Avalon Guarantee and Pledge Date, the Borrower shall, within five Business Days after the Avalon Guarantee and Pledge Date:
(i) deliver to the Administrative Agent an Assumption Agreement with respect to the CCO Guarantee and Collateral Agreement duly authorized and executed by each Avalon Subsidiary;
(ii) to the extent not previously so delivered, deliver to the Administrative Agent the certificates, if any, representing any Equity Interests (constituting securities within the meaning of Section 8-102(...
Additional Credit Support. 20 6.14. MINIMUM NET WORTH..............................................................................20
Additional Credit Support. The FirstCity Entities will deliver or cause to be delivered to the Lender any and all subordinate securities (together with appropriate, fully-executed bond powers and assignments) received by them or by any Affiliate of the FirstCity Entities pursuant to any Securitization in order to create a first-priority, perfected security interest therein in favor of the Lender.
