Completion Guaranty Loan definition

Completion Guaranty Loan has the meaning ascribed thereto in Section 3.3.
Completion Guaranty Loan means any amounts advanced by Xxxxxxx under the Xxxxxxx Completion Guaranty, which is treated as a loan to Venetian in an aggregate principal amount not to exceed $25,000,000 at any time, plus accrued and unpaid interest thereon, evidenced by a Completion Guaranty Note and subject to the terms of the Xxxxxxx Intercreditor Agreement.
Completion Guaranty Loan means funds provided by the Sole Stockholder in satisfaction of his obligations pursuant to the Completion Guaranty which are treated by the Sole Stockholder and the Issuers as a subordinated loan to the Issuers pursuant to the Completion Guaranty.

Examples of Completion Guaranty Loan in a sentence

  • In the event that Xxxxxxx makes any payments required by the Xxxxxxx Completion Guaranty, such payments shall be deemed to be a loan (the "Completion Guaranty Loan") by Xxxxxxx to Venetian with the terms and conditions set forth in Exhibit A to the Xxxxxxx Completion Guaranty.

  • Bank’s standard form Loan and Completion Guaranty, Loan Guaranty, Completion Guaranty or Interest and Maintenance Guaranty, as the case may be entered into in connection with the Borrower Loan.

  • Bank‟s standard form Loan and Completion Guaranty, Loan Guaranty, Completion Guaranty or Interest and Maintenance Guaranty, as the case may be entered into in connection with the Borrower Loan.

  • Adelson, (ii) which xxx xxxxxxxx xx xonnection with this Agreement, the Phase I-A Equipment Loan Agreement or the Bank Credit Agreement, or in connection with any financing of the HVAC Component or similar equipment or property, (iii) incurred under the Phase I-A Subsidiary Non-Recourse Loan, (iv) incurred under the Completion Guaranty Loan or (v) incurred under any Employee Repurchase Notes.

  • Adelson referred to xxxxx, Xx. Xxxxxon shall acknowlxxxx xxxx xxe execution, delivery and performance of this Agreement (including the Fourth Amendment thereto dated as of September 28, 2001) shall not alter, modify or otherwise affect in any manner the subordination provisions applicable to any Indebtedness in respect of the Completion Guaranty Loan.

  • On the Closing Date, the Credit --------------------------------------- Parties, the Company and Xxxxxxx entered into a certain Intercreditor Agreement (the "Intercreditor Agreement (Xxxxxxx)") pursuant to which such parties set forth their agreement with respect to the Company's obligation to repay the Completion Guaranty Loan and the Substitute Tranche B Loan.

  • Adelson acknowledges that the xxxxxxion, delivery and performance of this Agreement shall not alter, modify or affect in any manner the subordination provisions applicable to Indebtedness in respect of the Completion Guaranty Loan.

  • The foregoing restxxxxxxx shall not apply to any Indebtedness of the Borrowers and their Subsidiaries (i) existing on the Closing Date and held on the Closing Date by a Person or Persons unaffiliated with Adelson, (ii) incurred in coxxxxxxxn with any FF&E Facility Agreement or any financing of the HVAC Component or similar equipment or property, (iii) incurred under the Phase I-A Subsidiary Non-Recourse Loan, (iv) incurred under the Completion Guaranty Loan or (v) incurred under Employee Repurchase Notes.


More Definitions of Completion Guaranty Loan

Completion Guaranty Loan and the Substitute Tranche B Loan shall at all times be evidenced by the Completion Guaranty Note and the Substitute Tranche B Note, respectively. Xxxxxxx shall not amend or modify the Completion Guaranty Note or the Substitute Tranche B Note in any material respect without the prior written consent of the Bank Agent and the Interim Mall Lender except to the extent permitted under each of the Facility Agreements. Subject to the restrictions and conditions of the Facility Agreements, Xxxxxxx may assign, transfer or refinance all or any portion of the Completion Guaranty Loan or the Substitute Tranche B Loan, provided that any assignee, transferee or holder of any refinanced or replacement loan shall be bound by and shall assume all obligations of Xxxxxxx under this Agreement. Xxxxxxx shall not lend money to, or acquire indebtedness of, LVSI, Venetian or any of their Subsidiaries, except as permitted by the Facility Agreements (in effect on the date of incurrence or acquisition of such indebtedness).
Completion Guaranty Loan means any amounts advanced by Adelson under thx Xxxxxon Completixx Xxxxanty, which is treated as a loan to Borrowers in an aggregate principal amount not to exceed $25,000,000 at any time plus accrued and unpaid interest thereon, evidenced by a Completion Guaranty Note and subject to the terms of the Adelson Intercrexxxxx Xgreement.
Completion Guaranty Loan means the amount, or the amounts, if any, advanced by Sxxxxxx X. Xxxxxxx under the Axxxxxx Completion Guaranty, which Sxxxxxx X. Xxxxxxx shall elect to treat as a loan to VCR in an aggregate principal amount not to exceed $25,000,000 at any time, plus accrued and unpaid interest thereon, on the terms set forth in the Axxxxxx Completion Guaranty, the Axxxxxx Intercreditor Agreement and the Completion Guaranty Note.

Related to Completion Guaranty Loan

  • Completion Guaranty means the Guaranty of Completion and Payment of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • 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.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, 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.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • 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:

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 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.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Guaranteed loan means the loan in the original principal amount specified in Clause 4 of the Special Conditions made by the Guarantee Holder to the State-Owned Enterprise under the Loan Agreement and denominated in Guarantee Currency or, where the context may require, the amount thereof from time to time outstanding, the proceeds of which shall be applied to the Investment Project.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • 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.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.