Buyer Parent Guaranty definition

Buyer Parent Guaranty means the Buyer Parent Guaranty duly executed by Texas Competitive Electric Holdings Company LLC and delivered to Seller as of the Effective Date.

Buyer Parent Guaranty means the parent company guaranty issued by Buyer Guarantor for the benefit of Seller in a form substantially similar to the form attached hereto as Attachment C.

Buyer Parent Guaranty has the meaning specified in Section 11.16(a).

Examples of Buyer Parent Guaranty in a sentence

• This Buyer Parent Guaranty shall be binding upon all successors and assigns of Buyer Parent.

• Notwithstanding the foregoing, upon any assignment of this Agreement by either Party, the Buyer Parent Guaranty or the Supplier Parent Guaranty, as applicable, will remain in full force and effect until Supplier or Buyer, as applicable, is issued and accepts alternate payment security.

• In the event that any such Credit Support items are not effectively replaced at the expiration of such 30 day period, the Buyers shall provide a guaranty of TerraForm Power, LLC in favor of the Sellers, substantially in the form of the Buyer Parent Guaranty (with those changes necessary to redefine the guaranteed obligations to effectuate the intent of this Section 6.20) that guarantees the obligations outstanding under the non-replaced Credit Support.

• Prior to final acceptance of the bridge, the Engineer will verify that all necessary adjustments have been made; that all steel bearings, or external load plates, are permanently welded or attached with cap screws to the superstructure steel as shown on the contract plans; that all slotted holes are completely filled with grout; that all anchor bolts are firmly tightened; and that all other work required to make the bearings completely functional has been completed.

• There are no conditions precedent to the enforcement of this Buyer Parent Guaranty.

More Definitions of Buyer Parent Guaranty

Buyer Parent Guaranty has the meaning set forth in the recitals to this Agreement.

Buyer Parent Guaranty means the Guaranty made by Buyer Parent in favor of Seller dated as of the date hereof.

Buyer Parent Guaranty means that certain Parent Guaranty, dated as of the Effective Date, by TerraForm Power, LLC in favor of the Buyers.

Buyer Parent Guaranty has the meaning set forth in the Recitals.

Buyer Parent Guaranty has the meaning set forth in the Recitals. “Buyer Pension Plan” has the meaning set forth in Section 5.6(h). “Buyer Pension Trust” has the meaning set forth in Section 5.6(h). 4 “Buyer Retiree Welfare Plan” has the meaning set forth in Section 5.6(i). “Buyer Return” has the meaning set forth in Section 5.3(b)(ii). “Cap” has the meaning set forth in Section 10.5(a). “Capital Expenditure Adjustment Amount” has the meaning set forth in Section 2.1(b)(iv). “Cash” means all cash and all cash equivalents, credit cards, bank deposits, amounts held in escrow, investment or securities accounts, lockboxes, certificates of deposit, marketable securities, short-term investments, treasury bills and other similar items, but excluding Restricted Cash. “Cash Adjustment Amount” has the meaning set forth in Section 2.1(b)(iii). “CFIUS” means the Committee on Foreign Investment in the United States, or any member agency thereof acting in its capacity as a member agency. “CFIUS Clearance” means, after submission of the CFIUS Notice in accordance with the requirements of the CFIUS Regulations: (a) that the Parties shall have received written notice from CFIUS that the Contemplated Transactions are not a “covered transaction” within the meaning of the CFIUS Regulations, (b) the Parties shall have received written notice from CFIUS that it has determined that there are no unresolved national security concerns with respect to the Contemplated Transactions, and concluded all action under the CFIUS Regulations, or (c) if XXXXX has sent a report to the President of the United States (the “President”) requesting the President’s decision with respect to the Contemplated Transactions, either (i) the President has announced a decision not to take any action to suspend, prohibit or place any limitations on the Contemplated Transactions or (ii) the time permitted under the CFIUS Regulations for the President to take action to suspend or prohibit the Contemplated Transactions has lapsed. “CFIUS Notice” means a joint voluntary notice with respect to the Contemplated Transactions prepared by the Parties and submitted to CFIUS pursuant to 31 C.F.R. § 800.501. “CFIUS Regulations” means Section 721 of Title VII of the Defense Production Act of 1950 (50 U.S.C. § 4565). “Closing” has the meaning set forth in Section 8.1. “Closing Date” has the meaning set forth in Section 8.1. “COBRA” has the meaning set forth in Section 5.6(t). “Code” means the Internal Revenue Code of 1986. “Common Parent” has ...

Buyer Parent Guaranty means a guaranty, dated as of the Agreement Date, by Buyer Parent in favor of Seller, in the form attached hereto as Exhibit I.

Buyer Parent Guaranty means the guarantee by Skyline Renewables LLC to Seller being executed and delivered together with the execution and delivery of this Agreement.