Canadian Guaranties definition

Canadian Guaranties or “Canadian Guarantee” means, collectively or individually, as applicable, the Amended and Restated Continuing Guarantee made by Schnitzer Canada in favor of the Administrative Agent, the Amended and Restated Continuing Guarantee made by Schnitzer Steel Canada in favor of the Administrative Agent, and each other Person from time to time party to a Continuing Guarantee in favor of the Administrative Agent pursuant to Section 6.12, each substantially in the form of Exhibit I.
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Canadian Guaranties each guaranty agreement executed by a Canadian Facility Guarantor in favor of Agent in order to guaranty the payment and/or performance of the Canadian Facility Obligations (including without limitation this Agreement and the Foreign Facility Guarantee and Collateral Agreement).
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Canadian Guaranties means, collectively, the Continuing Guaranty made by Schnitzer Canada in favor of the Canadian Lender and each Continuing Guaranty made by a Canadian Borrower in favor of the Canadian Lender, each substantially in the form of Exhibit I.
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Examples of Canadian Guaranties in a sentence

  • Foreign Guaranties and Canadian Guaranties shall be subject to additional requirements as established herein.If PJM determines at any time that a Material Adverse Change in the financial condition of the Guarantor has occurred, or if the Corporate Guaranty comes within thirty (30) calendar days of expiring without renewal, PJM may reduce or eliminate any Unsecured Credit afforded to the Participant through the guaranty.

  • Foreign Guaranties and Canadian Guaranties shall be subject to additional requirements as established herein.If PJMSettlement determines that a material change in the financial condition of the Guarantor has occurred, or if the Corporate Guaranty comes within 30 days of expiring without renewal, PJMSettlement may reduce or eliminate any Unsecured Credit afforded to the Participant through the guaranty.

  • Foreign Guaranties and Canadian Guaranties shall be subject to additional requirements as established herein.

  • Foreign Guaranties and Canadian Guaranties shall be subject to additional requirements as established herein.A Participant supplying a Corporate Guaranty must provide the same information regarding the Guarantor as is required in the “Initial Credit Evaluation” §I.A. and the “Ongoing Evaluation”§I.B. of this policy, including providing the Rating Agency Reports, Financial Statements and Related Information, References, Litigation Commitments and Contingencies, and Other Disclosures.

  • Foreign Guaranties and Canadian Guaranties shall be subject to additional requirements as established herein.If PJMSettlementPJM determines at any time that a material changeMaterial Adverse Change in the financial condition of the Guarantor has occurred, or if the Corporate Guaranty comes within thirty (30) calendar days of expiring without renewal, PJMSettlementPJM may reduce or eliminate any Unsecured Credit afforded to the Participant through the guaranty.


More Definitions of Canadian Guaranties

Canadian Guaranties means that certain Guarantee executed by Parent in favor of the Canadian Lender and that certain Guarantee executed by each Company (other than Parent and Cantar Canada) in favor of the Canadian Lender.
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Canadian Guaranties means those certain Guaranties executed and delivered by the Canadian Guarantors in favor of Agent, for the benefit of Lender Group, in form and substance satisfactory to Agent.
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Related to Canadian Guaranties

  • 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.

  • Canadian Guarantors means and include each Canadian Borrower (in its capacity as a guarantor under the Canadian Guarantee) and each Canadian Subsidiary Guarantor.

  • Canadian Obligations means all Obligations of the Canadian Loan Parties.

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.

  • Canadian Security Documents means the Canadian Security Agreement, the Québec Hypothec and any other Loan Document that grants or purports to xxxxx x Xxxx on any Canadian Collateral.

  • 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 Obligations means, with respect to any Person, without duplication, any obligations of such Person (other than endorsements in the ordinary course of business of negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any Indebtedness of any other Person in any manner, whether direct or indirect, and including without limitation any obligation, whether or not contingent, (a) to purchase any such Indebtedness or any property constituting security therefor, (b) to advance or provide funds or other support for the payment or purchase of any such Indebtedness or to maintain working capital, solvency or other balance sheet condition of such other Person (including without limitation keep well agreements, maintenance agreements, comfort letters or similar agreements or arrangements) for the benefit of any holder of Indebtedness of such other Person, (c) to lease or purchase property, securities or services primarily for the purpose of assuring the holder of such Indebtedness, or (d) to otherwise assure or hold harmless the holder of such Indebtedness against loss in respect thereof. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if larger) of the Indebtedness in respect of which such Guaranty Obligation is made.

  • Loan Guaranty means Article X of this Agreement.

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

  • 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).