Agreement Regarding Guarantee definition

Agreement Regarding Guarantee means the Agreement Regarding Guarantee between Iridium and Motorola, dated as of August 21, 1996, as amended and restated as of July 11, 1997, and as further amended from time to time.
Agreement Regarding Guarantee means any agreement entered into by LLC and a Guarantor on or prior to October 16, 1996 providing a Guarantee of debt incurred by LLC under a bank credit facility.
Agreement Regarding Guarantee means the Third Amended and Restated Agreement Regarding Guarantee dated as of December 23, 1998 among Motorola, Iridium LLC and the Company, amending and restating the Second Amended and Restated Agreement Regarding Guarantee dated as of May 11, 1998 among Motorola, Iridium LLC and the Company, amending and restating the Amended and Restated Agreement Regarding Guarantee dated as of July 11, 1997 between Motorola and Iridium LLC, amending and restating the Agreement Regarding Guarantee dated as of August 21, 1996 between Motorola and Iridium LLC.

Examples of Agreement Regarding Guarantee in a sentence

  • This Agreement and the other agreements and instruments referred to herein embody the complete agreement and understanding among the parties with respect to the matters addressed herein and supersede and preempt the Original Agreement Regarding Guarantee and any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.

  • This Agreement and the other agreements and instruments referred to herein embody the complete agreement and understanding among the parties with respect to the matters addressed herein and supersede and preempt the Second Amended and Restated Agreement Regarding Guarantee and any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.

  • Motorola, Iridium and Operating each agree to execute and deliver the Second Amended and Restated Agreement Regarding Guarantee in the form attached hereto as Annex A contemporaneously with the execution and delivery of this MOU.

  • The amount of the FOC Payments deferred pursuant to this MOU, including accruing or accrued but unpaid interest to the extent such deferral or interest would exceed the amount which would have been payable at such dates payments become due will be deemed to be "Vendor Financing" and compensated as such (and not pursuant to the 10% interest charge under Amendment No. 3) until paid pursuant to the terms of the Agreement Regarding Guarantee.

  • The banking and financing committee has the authority to issue, sell and deliver one Series B Class 2 Interest to any Guarantor that provides $250 million or more of Guarantees to the extent such issuance is provided for in the Agreement Regarding Guarantee between LLC and such Guarantor.

  • In consideration for providing the O&M Deferrals, Iridium and Operating will compensate Motorola pursuant to the Agreement Regarding Guarantee, and the outstanding amount of O&M Deferrals shall constitute Motorola Exposure for purposes of, and as set forth in, the Agreement Regarding Guarantee.

  • Motorola, Iridium and Operating each agree to execute and deliver the Third Amended and Restated Agreement Regarding Guarantee in the form attached hereto as Annex A contemporaneously with the execution and delivery of this MOU.

  • In consideration for providing the $475 Million Guarantee Amendment, Operating and Iridium will compensate Motorola pursuant to the Agreement Regarding Guarantee.

  • The Banking and Financing committee has the authority to issue, sell and deliver one Series B Class 2 Interest to any Guarantor that provides between $250 million and $750 million of Guarantees and one additional Series B Class 2 Interest to any Guarantor that provides more than $750 million of Guarantees to the extent such issuance is provided for in the Agreement Regarding Guarantee between LLC and such Guarantor.

  • The Amended and Restated Agreement Regarding Guarantee, duly executed and delivered by the Company and Motorola.


More Definitions of Agreement Regarding Guarantee

Agreement Regarding Guarantee means the Second Agreement Regarding Guarantee among Iridum LLC, Iridium and Motorola, dated as of April 1998, as amended and restated as of July 11, 1997, and as further amended from time to time.

Related to Agreement Regarding Guarantee

  • Qualifying Guarantee means an arrangement evidenced by a written instrument pursuant to which a Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”). Qualifying Guarantees shall exclude any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment). The benefit of a Qualifying Guarantee must be capable of being delivered together with the delivery of the Underlying Obligation.

  • Funding Guarantor as defined in Section 7.2.

  • Funding Guarantors as defined in Section 7.2.

  • Non-Paying Guarantor has the meaning assigned to such term in Section 10.11.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Excess Funding Guarantor means, in respect of any Guaranteed Obligations, a Subsidiary Guarantor that has paid an amount in excess of its Pro Rata Share of such Guaranteed Obligations, (ii) “Excess Payment” means, in respect of any Guaranteed Obligations, the amount paid by an Excess Funding Guarantor in excess of its Pro Rata Share of such Guaranteed Obligations and (iii) “Pro Rata Share” means, for any Subsidiary Guarantor, the ratio (expressed as a percentage) of (x) the amount by which the aggregate fair saleable value of all properties of such Subsidiary Guarantor (excluding any shares of stock or other equity interest of any other Subsidiary Guarantor) exceeds the amount of all the debts and liabilities of such Subsidiary Guarantor (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of such Subsidiary Guarantor hereunder and any obligations of any other Subsidiary Guarantor that have been Guaranteed by such Subsidiary Guarantor) to (y) the amount by which the aggregate fair saleable value of all properties of the Borrower and all of the Subsidiary Guarantors exceeds the amount of all the debts and liabilities (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of the Obligors hereunder) of the Borrower and all of the Subsidiary Guarantors, determined (A) with respect to any Subsidiary Guarantor that is a party hereto on the date hereof, as of the date hereof, and (B) with respect to any other Subsidiary Guarantor, as of the date such Subsidiary Guarantor becomes a Subsidiary Guarantor hereunder.

  • 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.

  • 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).

  • 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:

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Contributing Guarantors as defined in Section 7.2.

  • Loan guarantee means the Guarantee by each Guarantor of the Obligations (other than any Obligations with respect to Swap Contracts of Treasury Services Agreements), executed pursuant to the provisions of the Facility Guaranty.

  • Paying Guarantor has the meaning assigned to such term in Section 10.11.

  • Environmental Indemnity Agreement means the Environmental Indemnity Agreement dated as of the Closing Date, from Borrower and the Guarantor, collectively, as indemnitor, to Lender, as indemnitee, as the same may be amended, modified or supplemented from time to time.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

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

  • 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.

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

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.