Canada Guaranty definition

Canada Guaranty means Canada Guaranty Mortgage Insurance Company. “CBA” means the Canadian Bankers Association.
Sample 1Sample 2
Canada Guaranty the collective reference to (i) the Canada Guaranty, entered into as of the Closing Date, by Recoton Canada Ltd. in favor of the Senior Agent and (ii) the Canada Guaranty, entered into as of January 18, 2001, by InterAct Canada, Ltd. in favor of the Senior Agent.
Sample 1
Canada Guaranty the Guaranty Agreement dated as of even date herewith between Recoton Canada and the Senior Agent on behalf of the Agents, Senior Lenders, the Administrative Agent and the Lenders, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with its terms attached as Exhibit F-2 hereto.
Sample 1

Examples of Canada Guaranty in a sentence

  • The likeness of the image to the original implies the manifestation of the original through the fact of the image’s not-being of the original, while the appearance implies the radical lack, the distortion of the original.

  • The personal information collected will be used by the Program Administrator, the mortgage loan insurers, the service providers and any other party helping the Program Administrator to administer the Program, including, First Canadian Title (as service provider), and Canada Guaranty and Genworth Financial (as mortgage loan insurance providers).

  • Canada Mortgage and Housing Corporation (“CMHC”), a Crown Corporation, and Canada Guaranty Mortgage Insurance Company (“Canada Guaranty”) are the Company’s major competitors.

  • This includes parental involvement initiatives, outreach efforts, newsletters, membership in committees, community partnerships, assembly programs, holiday events, field trips, fundraising, and others.

  • Port from Flex 95 AdvantageTM to Standard Canada Guaranty- insured Loan The premium will be the lesser of: • The increase in the loan amount multiplied by our standard top-up premium rates as described in the Portable Advantage™ product sheet.* OR • The new loan amount multiplied by the full Flex 95 premium rate.

  • You will need to contact FICOM, Insurers like CMHC and Canada Guaranty, The Mortgage Broker’s Association of BC to learn more, but here’s a high-level view: A buyer wants to buy a $700,000 home.

  • CMHC commands a 70 percent market share, while Genworth and Canada Guaranty make up just 25 and 5 percent of the market, respectively.20 Home mortgages insured through CMHC have an explicit guarantee from the Canadian federal government that provides 100 percent coverage on the full extent of losses including interest and reasonable expenses.

  • To facilitate competition between CMHC, Genworth Financial, and Canada Guaranty, the Canadian government guarantees 90 percent of the obliga- tions for private mortgage insurers.

  • High-ratio mortgages must be insured by a mortgage insurer such as the Canada Mortgage and Housing Corporation (CMHC), Genworth Financial Canada or Canada Guaranty.

  • Research the availability of and requirements for mortgage default insurance offered by other Canadian companies such as Genworth Financial or Canada Guaranty.


More Definitions of Canada Guaranty

Canada Guaranty means Canada Guaranty Mortgage Insurance Company;
Sample 1Sample 2
Canada Guaranty means the Canada Guaranty substantially in the form of Exhibit K-2.
Sample 1
Canada Guaranty means that certain Guaranty executed by the Canada Guarantors, guaranteeing payment and performance of the Canada Indebtedness.
Sample 1

Related to Canada Guaranty

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • U.S. Guaranty means (a) the guaranty made by the Parent Borrower, Holdings and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b)(i) and (iii) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit F-1 and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.11(a)(i).

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. Form 715 Planning Criteria: “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with the Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Borrowers and each of the Guarantors to Agent.

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Canadian Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the Canadian Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other Canadian Loan Party (as required by this Agreement or any other Loan Document).

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Loan Guaranty means Article X of this Agreement.

  • Canadian Security Agreements means those certain general security agreements and deeds of hypothec dated on or about the date hereof, between each of the Canadian Loan Parties and the Agent.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.