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.

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Carry Guaranty means that certain Guaranty of Carrying Costs, dated as of the Closing Date, made by Guarantor in favor of Secured Party, as the same may be amended, replaced, supplemented or otherwise modified 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.

Examples of Carry Guaranty in a sentence

• 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.

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

• 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.

• All references to Indemnitor, Recourse Guaranty, Carry Guaranty, Completion Guaranty, Equity Funding Guaranty and Environmental Indemnification Agreement in the Original Loan Agreement and the other Loan Documents are hereby deleted in its entirety.

• Notwithstanding the foregoing, KBS agrees to cause the KBS Credit Party to execute a Carry Guaranty in favor of lender and a Future Funding Guaranty in favor of lender, each in a form and substance reasonably acceptable to KBS and the KBS Credit Party.

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. “Change Order” is defined in Section 4.2.

Carry Guaranty. 1.1 (Definition of Loan Documents)

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 ▇▇▇▇▇▇▇, 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 ▇▇▇▇▇ 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. 1.1 (Definition of Loan Documents) “Cash Collateral Subaccount” – 3.9

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 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.