Approved Guarantor definition

Approved Guarantor means (x) Holdings, for so long Holdings meets the Minimum Value Test, or (y) any other guarantor that meets the Minimum Value Test and is otherwise reasonably satisfactory to Lender.
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Approved Guarantor means an entity or person affiliated with the Tenant and/or Transfer Entity and acceptable to Landlord, in Landlord’s reasonable discretion, which provides a guaranty of this Lease, in form and substance reasonably satisfactory to Landlord, under which the Approved Guarantor guarantees the full payment and performance of the obligations of the Tenant under this Lease. Notwithstanding any such Permitted Transfer, or any such Assignment that is not a Permitted Transfer to which Landlord consents pursuant to this Paragraph 10, the original Tenant (and any constituent partners, members, shareholders or owners of the original Tenant) that, by virtue of the ownership structure or entity form of Tenant or pursuant to any express provision of this Lease, were liable for Tenant’s obligations hereunder prior to the Permitted Transfer or Assignment, but shall remain liable for performance and compliance with all of the terms, conditions and provisions of this Lease. After a Permitted Transfer or an Assignment to which Landlord consents pursuant to this Paragraph 10, the surviving entity shall promptly execute and deliver to Landlord an agreement in form reasonably satisfactory to Landlord under which such surviving entity assumes the obligations of Tenant hereunder.
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Approved Guarantor means a company (acceptable in all respects to the Lenders) which is a wholly-owned subsidiary of the Borrower incorporated in an Approved Flag State and which shall be the owner of a Mortgaged Ship;
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Examples of Approved Guarantor in a sentence

  • A cancellation request involving a Plan Account with a current asset value of $100,000 or more (or any other amount specified in the applicable Plan Prospectus) will require a signature guarantee for all Planholders by an acceptable guarantor as described in the Prospectus or as shall otherwise be approved by the Custodian and Sponsor (hereinafter referred to as an "Approved Guarantor").

  • Liquidations of $50,000 or higher must be in the form of a letter signed by a Planholder with the signature guaranteed by an Approved Guarantor.

  • Request for partial withdrawal or portfolio liquidation for amounts of $50,000 or higher must be in writing with the Planholder's signature guaranteed by a member firm of the New York Stock Exchange, a trust company, a national or state bank, a Provxxx Xxxxxxx xx the military installation where the Planholder is located, or any other "eligible guarantor institution" as defined in rules adopted by the SEC ("Approved Guarantor").

  • Inventory owned by a Borrower or Approved Guarantor that would be Eligible Inventory if it were not subject to a Document and in transit from a foreign location to a location of such Borrower or such Guarantor within the United States, with respect to which such Borrower or such Guarantor maintains accurate and complete accounting and other records in form satisfactory to Agent and that Agent, in its reasonable discretion, deems to be Eligible In-Transit Inventory.

  • A guaranty by an Approved Guarantor or a Qualified Letter of Credit may be substituted in lieu of any deposit under this clause.

  • Unless such Transfer is to a Person who is directly or indirectly controlled by an Approved Guarantor, the Administrative Agent shall, as soon as practical after receipt of such information, seek a vote of the Lenders to determine if such proposed guarantor shall become an Approved Guarantor.

  • Liquidations of $50,000 or higher must be in the form of a letter signed by an Planholder with the signature guaranteed by an Approved Guarantor.

  • A guaranty by an Approved Guarantor or a Qualified Letter of Credit as defined in the Cash Management Agreement may be substituted in lieu of any deposit under this clause.

  • The decision to delay or close school is made as soon as possible and the sta- tions are notified promptly.


More Definitions of Approved Guarantor

Approved Guarantor has the meaning specified in the Credit Agreement.
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Approved Guarantor means, subject to section 22 being complied with. Housing Guarantee Fund Limited.
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Approved Guarantor means HGFL;'.(3) In section 3(1) of the Principal Act for the definition of "claimant" substitute—
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Approved Guarantor means a Guarantor that the Agent has agreed, in its sole discretion, shall have its Eligible Receivables included in the Borrowing Base.
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Approved Guarantor means HGFL; S. 3(1) def. of "approved supervisor" inserted by No. 39/1990 s. 4(a).
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Related to Approved Guarantor

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Transferred Guarantor shall have the meaning assigned to such term in Section 7.09.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Guarantor means: .............................................................................................................................................

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • 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”.

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

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

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States or the District of Columbia.

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

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

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

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.