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.

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.

Approved Guarantor means a company 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;

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.

More Definitions of Approved Guarantor

Approved Guarantor means (a) (i) (x) CIM Group, or (y) any successor and/or assign of the CIM Group that is both a (I) CIM Entity and (II) Qualified Equity Holder, succeeds to the interest of CIM Group, either directly or as the direct and/or indirect owner of 100% of the equity interests in the counterparty under the CIM Master Services Agreement and CIM Investment Management Agreement, and as manager of Urban Partners GP, LLC (a “CIM Group Successor”), (ii) a Qualified Equity Holder or (iii) other Person that has been approved by Agent in writing in its reasonable discretion as a replacement or supplemental guarantor, (b) that satisfies the Guarantor Financial Covenants (provided, if such Approved Guarantor is supplementing the original Guarantor, then such Approved Guarantor, together with Guarantor shall satisfy the Guarantor Financial Covenants), (c) in the case of clause (a)(ii), such Qualified Equity Holder (I) directly and/or indirectly Controls each Borrower with substantially the same level of Control over the Borrowers that CMCT had as of the Closing Date (or, if the applicable indicia of Control is transferred to CIM Group or another CIM Entity, less Control over the Borrowers than CMCT had as of the Closing Date) and (II) owns not less than fifty percent (50.0%) of the direct and/or indirect ownership interests in each Borrower, and CIM Group or a CIM Group Successor retains at least the same level of Control over the Borrowers that CIM Group had as of the Closing Date, (d) with respect to which Agent and each Lender shall have received and approved Satisfactory Search Results, and (e) that is not a Prohibited Person. If two

Approved Guarantor has the meaning specified in the Credit Agreement.

Approved Guarantor means (a) (i) (x) CIM Group, or (y) any successor and/or assign of the CIM Group that is both a (I) CIM Entity and (II) Qualified Equity Holder, succeeds to the interest of CIM Group, either directly or as the direct and/or indirect owner of 100% of the equity interests in the counterparty under the CIM Master Services Agreement and CIM Investment Management Agreement, and as manager of Urban Partners GP, LLC (a “CIM Group Successor”), (ii) a Qualified Equity Holder or (iii) other Person that has been approved by Agent in writing in its reasonable discretion as a replacement or supplemental guarantor, (b) that satisfies the Guarantor Financial Covenants (provided, if such Approved Guarantor is supplementing the original Guarantor, then such Approved Guarantor, together with Guarantor shall satisfy the Guarantor Financial Covenants), (c) in the case of clause (a)(ii), such Qualified Equity Holder (I) directly and/or indirectly Controls each Borrower with substantially the same level of Control over the Borrowers that CMCT had as of the Closing Date (or, if the applicable indicia of Control is transferred to CIM Group or another CIM Entity, less Control over the Borrowers than CMCT had as of the Closing Date) and (II) owns not less than fifty percent (50.0%) of the direct and/or indirect ownership interests in each Borrower, and CIM Group or a CIM Group Successor retains at least the same level of Control over the Borrowers that CIM Group had as of the Closing Date, (d) with respect to which Agent and each Lender shall have received and approved Satisfactory Search Results, and (e) that is not a Prohibited Person. If two (2) or more Approved Guarantors are delivering replacement or supplemental guaranties and a replacement or supplemental guaranties and a replacement or supplemental environmental 49289660 indemnity to Agent (on behalf of Lenders), then the obligations of all Approved Guarantors shall be joint and several.

Approved Guarantor means HGFL; S. 3(1) def. of "approved supervisor" inserted by No. 39/1990 s. 4(a).

Approved Guarantor means HGFL;'.(3) In section 3(1) of the Principal Act for the definition of "claimant" substitute—

Approved Guarantor means a Guarantor that the Agent has agreed, in its sole discretion, shall have its Eligible Receivables included in the Borrowing Base.

Approved Guarantor means, subject to section 22 being complied with. Housing Guarantee Fund Limited.