Borrower Guarantee definition

Borrower Guarantee is defined in Article XVI hereof.

Borrower Guarantee has the meaning set forth in Section 12.01.

Borrower Guarantee the Guarantee made by the Borrower and the Co-Borrower in favor of the EPNHC Administrative Agent for the benefit of the EPNHC Lenders.

Examples of Borrower Guarantee in a sentence

• Except for the Guarantee by any one of the Borrowers of obligations of any of the other Borrower, Guarantee, endorse or otherwise in any manner become or be responsible for obligations of any other Person, except: Guarantees, not to exceed $100,000 outstanding at any point in time in the aggregate, in respect of the financing of automobiles or other items for use by employees, consultants or agents of the Borrowers.

• The Borrower further agrees that the Borrower Guaranteed Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon the Borrower Guarantee hereunder notwithstanding any such extension or renewal of the Borrower Guaranteed Obligations.

• After giving effect to the execution and delivery of the Loan Documents (including the provisions of Sections 8, 9 and 23 of the Subsidiary Guarantee Agreement and Sections 8, 9 and 23 of the Borrower Guarantee Agreement) and the making of the Loans under this Agreement, (a) the Borrower is Solvent on the Effective Date and (b) the Loan Parties on a consolidated basis are Solvent.

• The Agents shall have received executed copies of the (i) Parent Guarantee dated as of the Closing Date and substantially in the form of Exhibit D, (ii) Subsidiary Borrower Guarantee dated as of the Closing Date and substantially in the form of Exhibit E, and (iii) Subsidiary Guarantees necessary to meet the conditions described in Section 5.9, if any, in each case dated as of the Closing Date and substantially in the form of Exhibit F and/or Exhibit G, as applicable.

• Each Lender, whether or not a party hereto, will be deemed, by its acceptance of the benefits of the Collateral, of the Subsidiary Guarantee provided in Article XI of the Credit Agreement and of the Borrower Guarantee provided in Article XII of the Credit Agreement and under any other Loan Documents, to have agreed to the foregoing provisions and the other provisions of this Agreement.

More Definitions of Borrower Guarantee

Borrower Guarantee means the Borrower Guarantee, dated as of June 15, 1994 executed by the Borrower in favor of the Agent for the benefit of the Banks."

Borrower Guarantee means the guarantee to be entered into by the Borrower in favour of the Administrative Agent, in form and substance satisfactory to the Administrative Agent and as the same may be amended, modified, supplemented or replaced from time to time, and pursuant to which the Borrower shall guarantee all of the Obligations of the other Obligors.

Borrower Guarantee means a guarantee by CI Financial Corp. of all of the obligations of an Additional Borrower in form and substance satisfactory to the Administrative Agent, and “Borrower Guarantees” means all such guarantees.

Borrower Guarantee the Borrower Guarantee, substantially in the form of Exhibit L, to be made by the Borrower in favor of the Administrative Agent for the ratable benefit of the Lenders, in respect of the obligations of the Canadian Borrower hereunder, as the same may be amended, modified or supplemented from time to time.

Borrower Guarantee and liabilities under any Letters of Credit issued for the account of Camden, substantially in the form of Exhibit B-23, as the same may be amended, supplemented or otherwise modified from time to time.

Borrower Guarantee the meaning ascribed to the term "U.S. Borrower ------------------ Guarantee" in the Canadian Credit Agreement.

Borrower Guarantee means the guarantee granted by the Borrower of the Penn West Parties’ obligations under the Hedging Agreements with the Hedge Providers and Banking Services Agreements.