Borrower Guaranty definition

Borrower Guaranty and “Borrower Guaranties” are defined in Section 2.9(c).

Borrower Guaranty means an unconditional guaranty of payment substantially in the form of Exhibit D attached hereto, enforceable against the applicable Borrower for the payment of a Qualified Borrower’s debt or obligation to Lenders.

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

Examples of Borrower Guaranty in a sentence

• Any and all payments by or on account of any obligation of the U.S. Borrower under this U.S. Borrower Guaranty shall be made free and clear of and without reduction or withholding for any taxes.

• This Borrower Guaranty is a continuing one and all liabilities to which it applies or may apply under the terms hereof shall be conclusively presumed to have been created in reliance hereon.

• This Borrower Guaranty is a guaranty of payment and not of collection.

• The foregoing waivers are of the essence of the transaction contemplated by this Agreement and the other Loan Documents and, but for this U.S. Borrower Guaranty and such waivers, the Administrative Agent and other Secured Parties would decline to enter into this Agreement and the other Loan Documents.

• Nothing, including, without limitation, any Borrowing, any Rollover or acceptance of any Qualified Borrower Guaranty or other document or instrument, shall be construed as a representation or warranty, express or implied, to any party by the Lenders or the Administrative Agent as to whether any investment by the Borrowers is permitted by the terms of the Constituent Documents of any Borrower.

More Definitions of Borrower Guaranty

Borrower Guaranty means the guaranty of each Borrower pursuant to Section 14.

Borrower Guaranty means the joint and several obligation of each Borrower Guarantor to pay the Obligations of the other Borrowers pursuant to Section 14 of this Agreement.

Borrower Guaranty means the Obligations of a Borrower Guarantor undertaken pursuant to Article X.

Borrower Guaranty means a guaranty delivered by the Borrower in the form attached hereto as Exhibit D.

Borrower Guaranty means that certain Guaranty, dated as of even date herewith, pursuant to which the Borrower guaranties all Lithia Dealership obligations arising under any Wholesale Line, as it may be amended, restated or otherwise modified and in effect from time to time.

Borrower Guaranty means the Guaranty dated as of the Closing Date duly executed and delivered to Lender by each of the Borrowers substantially in the form of Exhibit B, as the same may be amended, supplemented or otherwise modified from time to time.

Borrower Guaranty means an unconditional guaranty of payment in the form of EXHIBIT H attached hereto, enforceable against Borrower for the payment of a Qualified Borrower's debt or obligation to Lenders; and "BORROWER GUARANTIES" means such guaranties, collectively.