Terms of the guarantee Sample Clauses

Terms of the guarantee. The guarantee services shall commence from 26 September 2021 and end on 24 September 2022. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB40,000 (equivalent to approximately HK$48,200) which is payable by twelve equal instalments of RMB3,333 each (equivalent to approximately HK$4,017). The obligation of the Customer under the New Guarantee Agreement is secured by (i) a personal guarantee granted by the Individual Guarantor; and (ii) a corporate guarantee granted by the Corporate Guarantor I, in favour of Chinlink Guarantee. 26 September 2021
AutoNDA by SimpleDocs
Terms of the guarantee. The guarantee services shall commence from 5 January 2021 and end on 4 January 2022. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 (equivalent to approximately HK$60,100) which is payable by twelve equal instalments of approximately RMB4,167 each (equivalent to approximately HK$5,009). The obligation of the Customer under the New Guarantee Agreement is secured by (i) a personal guarantee granted by the legal representative of the Customer, who is also the major shareholder of the Customer; and (ii) a corporate guarantee granted by an independent third party, in favour of Chinlink Guarantee. 5 January 2021
Terms of the guarantee. The guarantee services shall commence from 27 June 2022 and end on 27 June 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB150,000 (equivalent to approximately HK$175,500) which is payable by twelve equal instalments of RMB12,500 each (equivalent to approximately HK$14,625). The obligation of the Customer under the Guarantee Agreement is secured by the personal guarantee granted by the Individual Guarantor and the corporate guarantee granted by the Corporate Guarantor.
Terms of the guarantee. Subject to the provisions of this Article 12, the Guarantor hereby fully and unconditionally guarantees, to each holder of a Convertible Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity or enforceability of this Indenture, the Convertible Notes or the obligations of the Company under this Indenture or the Convertible Notes, that: (i) the principal of, and interest and Liquidated Damages, if any, on the Convertible Notes will be paid in full when due, whether at maturity, by acceleration, upon a Fundamental Change or otherwise, and interest on the overdue principal and (to the extent permitted by law) interest and liquidated damages, if any, on the Convertible Notes will be promptly paid in full; (ii) all other obligations of the Company to the holders or the Trustee under this Indenture or the Convertible Notes will be promptly paid in full or performed, all in accordance with the terms of this Indenture and the Convertible Notes; and (iii) in case of any extension of time in payment or renewal of any Convertible Notes or any of such other obligations, they will be paid in full when due or performed in accordance with the terms of the extension or renewal, whether at maturity, by acceleration or otherwise. Failing payment when due of any amount so guaranteed, or failing performance of any other obligation of the Company to the holders or the Trustee, for whatever reason, the Guarantor will be obligated to pay, or to perform or cause the performance of, the same before such failure becomes an Event of Default. The Guarantor agrees that this is a guarantee of payment not a guarantee of collection. The Guarantor hereby agrees that its obligations with regard to this Guarantee shall be unconditional, irrespective of the validity, regularity or enforceability of the Convertible Notes or the obligations of the Company under this Indenture, the absence of any action to enforce the same, the recovery of any judgment against the Company or any other obligor with respect to this Indenture, the Convertible Notes or the obligations of the Company under this Indenture or the Convertible Notes, any action to enforce the same or any other circumstances (other than
Terms of the guarantee. The AUCTIONEER hereby guarantees that the aggregate amount of the gross proceeds of the SALE (collectively, "SALE PROCEEDS") shall be an amount at least equal to One
Terms of the guarantee. The guarantee services shall commence from 30 March 2018 and end on 25 March 2019.
Terms of the guarantee. [If Designated Securities are floating rate debt securities insert - - Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of %above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) the then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Closing location for delivery of Designated Securities: Additional Closing Conditions: Paragraph 7(h) of the Underwriting Agreement should be modified in the event that the Securities are denominated in, indexed to, or principal or interest are paid in, a currency other than the U.S. dollar, more than one currency or in a composite currency. The country or countries issuing such currency should be added to the banking moratorium and hostilities clauses and the following additional clause should be added to the paragraph (the entire paragraph should be restated, as amended):
AutoNDA by SimpleDocs

Related to Terms of the guarantee

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

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