Collateral Guarantee definition

Collateral Guarantee means, in respect of each Collateral Owner, a collateral guarantee executed or, as the context may require, to be executed by that Collateral Owner of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party in the Agreed Form;
Collateral Guarantee means the guarantee to be given by the Collateral Owner in such form as the Lender may approve or require;
Collateral Guarantee means the corporate guarantee executed or (as the context may require) to be executed by the Collateral Owner in favour of the Secured Creditors in the form set out in schedule 4;

Examples of Collateral Guarantee in a sentence

  • No margin money should be taken for loan up to ₹ 50,000 and for higher amount loans, preferably 5% should be taken as margin money and it should in no case be more than 10% of the project cost.7.7 Collateral Guarantee on Bank Loan: No collateral guarantee is required.

  • The Borrower shall procure that the Guarantor shall without the consent of the Agent be permitted to declare or pay Dividends or make any distribution provided that (a) no Event of Default has occurred and is continuing and (b) the Guarantor is in compliance with its financial covenants contained in clause 6.8 of the Guarantee, (c) the Other Borrower is in compliance with clause 6.8 of the Collateral Guarantee and (d) the Borrower is in compliance with all the covenants contained in this Agreement.

  • Words and expressions defined in the Loan Agreement and/or the Collateral Guarantee shall, unless the context otherwise requires, or unless otherwise defined herein, have the same meanings when used in this Mortgage.

  • The provisions of clause 8 of the Collateral Guarantee shall apply mutatis mutandis in respect of any certificate, notice, demand or other communication given or made under this Deed.

  • Their deployment provides some new insights to those organizations designing and supporting CGFs and Credit Lines, especially where these pilots can be further tested on a wider scale.Élan RDC’s COVID-response Cash Collateral Guarantee SchemeAs part of its COVID-19 response, Élan RDC dedicated around 490KUSD to cash collateral guarantees.


More Definitions of Collateral Guarantee

Collateral Guarantee means the guarantee and indemnity referred to in Clause 10.1.9 (Security Documents).
Collateral Guarantee means each guarantee required to be executed hereunder by the Collateral Guarantors in such form as the Bank may agree or require and in the plural means both of them;
Collateral Guarantee means a guarantee given by the Collateral Guarantor in respect of the Collateral Obligor’s payment obligations under a Collateral Item.
Collateral Guarantee means the irrevocable and unconditional limited liability guarantee of the Collateral Owner given or, as the case may be, to be in favour of the Bank, as security of part of the Outstanding Indebtedness and any and all other obligations of the Borrowers hereunder up to the Guaranteed Amount , in such form as the Bank may reasonably require or approve”
Collateral Guarantee means the corporate guarantee mentioned in Recital (G) hereto as the same is amended and/or supplemented from time to time;
Collateral Guarantee means each one of them;