Termination of Guaranty Agreement Sample Clauses

Termination of Guaranty Agreement. If the Guaranty Agency decides to end its role as a guaranty agency during the agreement or as part of terminating the VFA agreement, it will transfer the guarantees on loans in repayment to a different The remaining balance of any Federal fund shall be remitted to the Department.
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Termination of Guaranty Agreement. This Guaranty will terminate on the earlier of (a) the payment in full of all Obligations under the Loan Agreement, and (b) at the time the Bank determines in its sole judgment that the Borrower’s financial statements issued pursuant to Section 8.8 of the Loan Agreement for the fiscal year ended December 31, 2009 establish that the Borrower is in compliance with the financial covenants set forth in Sections 10.1, 10.2 and 10.3(a) of the Loan Agreement, as amended.
Termination of Guaranty Agreement. This Guaranty will terminate upon payment in full and performance of all Obligations under the Loan Agreement.”
Termination of Guaranty Agreement. Contemporaneously with the closing of the Sheridan Transactions, JEDI shall execute and deliver to Lehtx xxx Termination of the Guaranty Agreement in the form attached hereto as Exhibit A, releasing Lehtx xxxm all obligations of the Guaranty Agreement dated January 23, 1997 executed by Lehtx xx favor of JEDI in connection with the Loan Documents.
Termination of Guaranty Agreement. Each of Gevo and CDP, and each of the other Parties hereto, acknowledges and agrees that, effective as of the Closing Date, the Guaranty Agreement shall be terminated and shall be of no further force and effect and none of the Parties hereto shall have any further rights or obligations pursuant thereto.
Termination of Guaranty Agreement. Effective as of the date that this Sixth Amendment is fully executed by Landlord and Tenant (the “Guarantor Release Date”), the Guaranty (“Guaranty”) executed by Huron Consulting Group Inc. (the “Guarantor”) with respect to the Lease shall be terminated, without any further action required by the parties thereto, and Landlord hereby irrevocably and unconditionally releases the Guarantor from all of its obligations and liabilities under or pursuant to the Guaranty, whether now existing or hereafter arising. As of the Guarantor Release Date, Landlord and Tenant agree that the Guaranty is fully extinguished and of no further force and effect. Landlord hereby releases and forever discharges all and/or any actions, claims, rights, demands, and set-offs, whether in this jurisdiction or in any other, whether or not presently known to Landlord or to the law, and whether in law or equity, that Landlord ever had, may have or hereafter can, shall or may have against the Guarantor arising now or hereafter from the Lease.
Termination of Guaranty Agreement. The Guarantor's obligations under this Guaranty Agreement shall terminate on the date upon which all Obligations are satisfied in full, subject to reinstatement as provided in Section 2.3 hereof.
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Termination of Guaranty Agreement. This Guaranty and all obligations of Guarantor hereunder shall terminate upon payment to Xxxxxx (or its assignee) in full of all Obligations. If at any time all or part of any payment of the Obligations theretofore made by Guarantor or any other Person is rescinded or otherwise must be returned by Xxxxxx for any reason whatsoever (including, without limitation, the insolvency, bankruptcy or reorganization of Guarantor or any other Person), this Guaranty shall continue to be effective or shall be reinstated as to the Obligations which were satisfied by the payment to be rescinded or returned, all as though such payment had not been made.

Related to Termination of Guaranty Agreement

  • AMENDMENT OF GUARANTY No term or provision of this Guaranty shall be amended, modified, altered, waived or supplemented except in a writing signed by Guarantor and Counterparty.

  • Limitation of Guaranty Any term or provision of this Guaranty or any other Loan Document to the contrary notwithstanding, the maximum aggregate amount for which any Guarantor shall be liable hereunder shall not exceed the maximum amount for which such Guarantor can be liable without rendering this Guaranty or any other Loan Document, as it relates to such Guarantor, subject to avoidance under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer (including the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and Section 548 of title 11 of the United States Code or any applicable provisions of comparable Requirements of Law) (collectively, “Fraudulent Transfer Laws”). Any analysis of the provisions of this Guaranty for purposes of Fraudulent Transfer Laws shall take into account the right of contribution established in Section 2.3 and, for purposes of such analysis, give effect to any discharge of intercompany debt as a result of any payment made under the Guaranty.

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