Amendment to the Guarantee Agreement Sample Clauses

Amendment to the Guarantee Agreement. Effective as of the Third Amendment Effective Date, the Guarantee Agreement is hereby amended as follows: (a) the first sentence of Section 19 of the Guarantee Agreement is amended to read in its entirety as follows: “Pursuant to Section 4(e) of the Third Amendment and Waiver, certain newly created holding companies are required to enter into this Agreement as a Guarantor on or prior to the time set forth in Section 4(e) of the Third Amendment and Waiver.” (b) the second sentence of recital C. of Annex 1 to the Guarantee Agreement is amended to read in its entirety as follows: “Pursuant to Section 4(e) of the Third Amendment and Waiver, certain newly created holding companies are required to enter into this Agreement as a Guarantor on or prior to the time set forth in Section 4(e) of the Third Amendment and Waiver.”
AutoNDA by SimpleDocs
Amendment to the Guarantee Agreement. The term “Seller” as that term is used in that certain Guarantee Agreement dated as of March 31, 2011, by Guarantor in favor of Buyer (the “Guarantee Agreement”), shall be amended to include “CT LEGACY CAYMAN, LTD.”.
Amendment to the Guarantee Agreement. Effective as of the First Amendment Effective Date, the Guarantee Agreement is hereby amended as follows: (a) the first sentence of Section 19 of the Guarantee Agreement is amended to read in its entirety as follows: “Pursuant to Section 5.09 of the Credit Agreement and the definition of “Guarantors” set forth in the Credit Agreement, certain Affiliates of the Borrower (other than Foreign Persons) (a) in which the Founding Members have a direct equity interest and (b) that receive management or other fees (other than non-periodic incentive fees), or distributions in respect of such fees, for rendering advisory services to (i) the Blackstone Funds or any successor investment funds to the Blackstone Funds which are established by the Borrower or its Affiliates after the Effective Date or (ii) any other investment funds or entities which are established by the Borrower or any of its Affiliates after the Effective Date, are required to enter into this Agreement as a Guarantor on or prior to the time set forth in such Section 5.09.” (b) the second sentence of recital C. of Annex 1 to the Guarantee Agreement is amended to read in its entirety as follows: “Pursuant to Section 5.09 of the Credit Agreement and the definition of “Guarantors” set forth in the Credit Agreement, certain Affiliates of the Borrower (other than Foreign Persons) (a) in which the Founding Members have a direct equity interest and (b) that receive management or other fees (other than non-periodic incentive fees), or distributions in respect of such fees, for rendering advisory services to (i) the Blackstone Funds or any successor investment funds to the Blackstone Funds which are established by the Borrower or its Affiliates after the Effective Date or (ii) any other investment funds or entities which are established by the Borrower or any of its Affiliates after the Effective Date, are required to enter into this Agreement as a Guarantor on or prior to the time set forth in such Section 5.09.”
Amendment to the Guarantee Agreement. The reference in Section 5.07 of the Guarantee Agreement to "1.75 to 1" shall be amended to read "1.20 to 1 during 1998, and 1.75 to 1.0 at all times thereafter".
Amendment to the Guarantee Agreement. Subject to the satisfaction of the conditions precedent specified in Section 4 below, but effective on and as of the date hereof, the Guarantee Agreement shall be amended as follows:

Related to Amendment to the Guarantee Agreement

  • Guarantee Agreement By executing and delivering this Assumption Agreement, the Successor Guarantor, as provided in Section 3.12 of the Guarantee Agreement, hereby becomes a party to the Guarantee Agreement as a Guarantor thereunder with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder.

  • Reaffirmation of the Guaranty Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under its Guaranty are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Obligations (as defined in its Guaranty), as such Guaranteed Obligations may have been amended by this Agreement, and its execution and deliver of this Agreement does not indicate or establish an approval or consent requirement by such Guarantor under its Guaranty in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the other Loan Documents.

  • Credit Agreement; Guarantee and Collateral Agreement The Administrative Agent shall have received (i) this Agreement, executed and delivered by the Administrative Agent, Holdings, the Borrower and each Person listed on Schedule 1.1A and (ii) the Guarantee and Collateral Agreement, executed and delivered by Holdings, the Borrower and each Subsidiary Guarantor.

  • Delivery of the Funding Agreement and the Guarantee The Trust hereby authorizes the Custodian, on behalf of the Indenture Trustee, to receive the Funding Agreement from Principal Life and the Guarantee from PFG pursuant to the assignment of the Funding Agreement and Guarantee (the “Assignment”), to be entered into on the Original Issue Date, included in the closing instrument dated as of the Original Issue Date (the “Closing Instrument”).

  • Guarantee and Collateral Agreement By executing and delivering this Assumption Agreement, the Additional Grantor, as provided in Section 8.14 of the Guarantee and Collateral Agreement, hereby becomes a party to the Guarantee and Collateral Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in the Schedules to the Guarantee and Collateral Agreement. The Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 4 of the Guarantee and Collateral Agreement is true and correct on and as the date hereof (after giving effect to this Assumption Agreement) as if made on and as of such date.

  • Amendment to Security Agreement 2.1 Section 2.1(xviii) of the Security Agreement is hereby amended in its entirety as follows:

  • Designation of the Trust, the Notes, the Funding Agreement and the Guarantee The Trust created by the Trust Agreement and referred to in the Indenture is the Principal Life Income Fundings Trust specified in the Omnibus Instrument. The Notes issued by the Trust and governed by the Indenture shall be the Notes specified in the Pricing Supplement. The Funding Agreement designated hereby is the Funding Agreement designated in the Pricing Supplement dated as of the Original Issue Date between the Trust and Principal Life. The Guarantee designated hereby is the Guarantee dated as of the Original Issue Date of PFG.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • The Guaranty Each of the Guarantors hereby jointly and severally guarantees to each Lender, the L/C Issuer and each other holder of Obligations as hereinafter provided, as primary obligor and not as surety, the prompt payment of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) strictly in accordance with the terms thereof. The Guarantors hereby further agree that if any of the Obligations are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Obligations, the same will be promptly paid in full when due (whether at extended maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) in accordance with the terms of such extension or renewal. Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents or the other documents relating to the Obligations, the obligations of each Guarantor under this Agreement and the other Loan Documents shall not exceed an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under applicable Debtor Relief Laws.

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!