AGM Financial Guarantee definition

AGM Financial Guarantee means the financial guarantee dated on or about the date hereof, provided by AGM as financial guarantor, without regard to any amendment, modification or supplement thereto other than any such amendment, modification or supplement made in accordance with Clause 12.3 (Termination and Amendment) thereof.
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AGM Financial Guarantee means the Financial Guarantee No. [●] dated on or about the date hereof, provided by AGM as financial guarantor in respect of the Guaranteed Bonds, without regard to any amendment, modification or supplement thereto other than any such amendment, modification or supplement made in accordance with clause 13.3 thereof;
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Examples of AGM Financial Guarantee in a sentence

  • The AGM Financial Guarantee provided by AGM constitutes a direct, unsecured obligation of AGM which will rank at least pari passu with all other unsecured obligations of AGM, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

  • The Financial Guarantors may remedy any Financial Guarantor Downgrade Event by transferring the AGM Financial Guarantee to an affiliate of AGM that is rated at least "Baa3" by Moody's or "BBB-" by S&P at any time up to the Financial Guarantor Removal Effective Date.

  • The Bond Trustee will not be liable to Bondholders for any loss they may suffer as a result of any termination of the AGE Financial Guarantee or the AGM Financial Guarantee resulting from any act or omission on the part of the Bond Trustee unless the consequences of such act or omission were notified in writing to the Bond Trustee in accordance with the Bond Trust Deed prior to such act or omission occurring and the Bond Trustee so acted or omitted to do so negligently or in wilful default.

  • The Bond Trustee has no responsibility for the validity or enforceability of the AGE Financial Guarantee against AGE or any permitted assignee of AGE under the AGE Financial Guarantee or the AGM Financial Guarantee against AGM or any permitted assignee of AGM under the AGM Financial Guarantee.

  • To the extent that AGUK does not pay the AGUK Proportion of any Defaulted Amount when due and payable by AGUK in accordance with the terms of the AGUK Financial Guarantee, the Bond Trustee is making a claim against AGM under clause 3.1.2 of the AGM Financial Guarantee for such amount.

  • The Bond Trustee is making (a) a claim against AGUK under the AGUK Financial Guarantee for the AGUK Proportion of the Defaulted Amount, and (b) a claim against AGM under the AGM Financial Guarantee for the AGM Proportion of the Defaulted Amount, with each such amount to be applied to the payment of the above-described Guaranteed Amount[s].

  • The Bond Trustee is making (a) a claim against AGE under the AGE Financial Guarantee for the AGE Proportion of the Defaulted Amount, and (b) a claim against AGM under the AGM Financial Guarantee for the AGM Proportion of the Defaulted Amount, with each such amount to be applied to the payment of the above-described Guaranteed Amount[s].

  • We have found that there continues to be a need for ports that provide the basic, traditional cargo-handling function, and that there continue to be many customers for such services.

  • To the extent that AGE does not pay the AGE Proportion of any Defaulted Amount when due and payable by AGE in accordance with the terms of the AGE Financial Guarantee, the Bond Trustee is making a claim against AGM under Clause 3.1.2 of the AGM Financial Guarantee for such amount.

Related to AGM Financial Guarantee

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Financial Agreement means an agreement that meets the

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Consumer Guarantee means a consumer guarantee applicable to this contract under the Australian Consumer Law, including any Express Warranty.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.