Carry Guaranty definition

Carry Guaranty means that certain Mezzanine Guaranty of Carry Costs, dated as of the Modification Date, made by Guarantor in favor of Administrative Agent for the benefit of the Lenders, as may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Carry Guaranty means that certain Interest and Expenses Guaranty dated as of the date hereof, as originally executed by Guarantor to and in favor of Agent for the ratable benefit of the Lenders, as the same may be supplemented, amended, modified, consolidated, extended, substituted, replaced, renewed and/or restated from time to time.
Carry Guaranty means that certain Carry Guaranty of even date herewith from Savanna Guarantor for the benefit of Administrative Agent, for the benefit of Lenders, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Carry Guaranty in a sentence

  • Guarantor shall have executed and delivered to Administrative Agent the Recourse Guaranty, the Payment Guaranty, the Carry Guaranty and the Environmental Indemnity.

  • Furthermore, the foregoing limitation on liability shall not limit in any way the liability of Guarantor that may arise out of the obligations set forth in the Environmental Indemnity Agreement, the Recourse Guaranty Agreement, the Equity Funding Guaranty and the Carry Guaranty, each of even date herewith made by Guarantor and if applicable, Borrower, in favor of Lender.

  • The Mezzanine Loan Carve Out Guaranty, the Mezzanine Loan Environmental Indemnity, the Construction Loan Carve Out Guaranty, the Construction Loan Carry Guaranty and the Construction Loan Environmental Indemnity are referred to, collectively, as the “Bluerock Guaranties” in this Agreement.

  • At all times that all or any portion of the Loan remains outstanding and all or any portion of Indemnitor’s obligations under the Interest and Carry Guaranty, Recourse Guaranty Agreement, Completion Guaranty and/or Environmental Indemnification Agreement remain outstanding, Borrower shall keep and maintain the Letter of Credit in full force and effect, in an amount not less than the applicable Required L/C Amount.

  • Guarantor has executed this Carry Guaranty as of the date first written above.

  • The Letter of Credit and the Required L/C Amount shall not be deemed to be a limitation on Indemnitor’s obligations under the Interest and Carry Guaranty, Recourse Guaranty Agreement, Completion Guaranty and/or Environmental Indemnification Agreement, which obligations shall only be reduced by the amount actually drawn under the Letter of Credit in satisfaction thereof, if so drawn.

  • Specify Type of Guaranty: (a) Payment Guaranty; (b) Collection Guaranty; (c) Conditional or Unconditional Guaranty; (d) “Bad-Boy” Carveout Guaranty; (e) Interest and Carry Guaranty or LTV Maintenance Guaranty; and/or (f) Completion Guaranty.

  • The Loan shall be secured by inter alia (i) the Pledge Agreement creating a first priority lien on the Collateral, (ii) the Environmental Indemnification Agreement, (iii) the Recourse Guaranty Agreement, (iv) the Carry Guaranty, (v) the Equity Funding Guaranty, (vi) the Completion Guaranty, and (vii) the other Loan Documents.

  • Indemnitor acknowledges and consents to all of the terms and conditions of this Agreement and does hereby ratify, reaffirm and confirm its obligations under the Environmental Indemnification Agreement, the Recourse Guaranty Agreement, the Interest and Carry Guaranty, and the Completion Guaranty, and hereby acknowledges that, as of the date hereof, its obligations thereunder are subject to no claims, defenses, or offsets.

  • Effective as of the Transfer Date, the Interest and Carry Guaranty is hereby amended as follows: (a) Section 1(a) of the Interest and Carry Guaranty is hereby amended and restated to read in its entirety as follows: “1.


More Definitions of Carry Guaranty

Carry Guaranty means the Carry Guaranty of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.
Carry Guaranty means shall mean that certain Carry Guaranty of even date herewith from Guarantor for the benefit of Agent, on behalf of Lender.
Carry Guaranty means that certain Carry Guaranty of even date herewith from Guarantor for the benefit of Administrative Agent, for the benefit of Lenders, as the same may be amended, restated, supplemented or otherwise modified from time to time. “Cash Collateral Account” shall mean the “Cash Collateral Subaccount” (as defined in the Cash Management Agreement). “Cash Management Agreement” shall mean that certain Cash Management Agreement of the Original Closing Date among Administrative Agent, for the benefit of Xxxxxxx, Borrower, Manager and Deposit Bank as the same may be amended, restated, supplemented or otherwise modified from time to time. “Cash Trap Funds” shall have the meaning set forth in Section 6.5.1. “Cash Trap Period” shall mean the following: (i) a period beginning on the date hereof and ending on the date that both (x) Tranches 1, 2 and 3 set forth in the DCAS Lease are Substantially Complete (as -10- defined in the DCAS Lease) and (y) DCAS has accepted the leased premises demised by the DCAS Lease and has commenced paying rent thereunder; or (ii) from and after the occurrence of any Event of Default, until Administrative Agent accepts in writing (in its sole and absolute discretion) a cure of the applicable Event of Default (provided that no Cash Trap Period remains in effect pursuant any other clause hereof); or (iii) the occurrence of a Bankruptcy Event with respect to Borrower or Guarantor. “Casualty” shall mean the occurrence of any casualty, damage or injury, by fire or otherwise, to the Property or any part thereof. “Casualty and Condemnation Account” shall have the meaning set forth in Section 6.6. “Casualty and Condemnation Funds” shall have the meaning set forth in Section 6.6. “Casualty Consultant” shall have the meaning set forth in Section 5.3.2(c). “Casualty Retainage” shall have the meaning set forth in Section 5.3.2(d). “Central Bank Pledge” shall have the meaning set forth in Section 9.1.1. “Clearing Account” shall have the meaning set forth in Section 6.1(a)(i). “Clearing Account Agreement” shall mean that certain Deposit Account Control Agreement dated as of the Original Closing Date by and among Borrower, Administrative Agent, for the benefit of Lenders, and Clearing Bank. “Clearing Bank” shall mean Xxxxx Fargo, National Association or any successor pursuant to the terms and provisions hereof. “Closing Date” shall mean the date hereof. “Co-Lender Agreement” shall have the meaning set forth in Section 9.5. “Code” shall mean the Internal...
Carry Guaranty means that certain Carry Guaranty Agreement, dated as of the date hereof, from Guarantor to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Carry Guaranty means the Carry Guaranty of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time. “Change Order” is defined in Section 4.2.

Related to Carry Guaranty

  • 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.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F unconditionally guarantying, on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • 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:

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

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Subsidiary to Administrative Agent pursuant to Section 6.14.