Counter Guarantees definition

Counter Guarantees means each of the counter guarantees, executed by a Counter Guarantor in favour of the Security Agent in the agreed form and Counter Guarantee means any of them.
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Counter Guarantees means the Bank of Montreal Counter Guarantee and the HSBC Counter Guarantees;
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Counter Guarantees as defined in Section 8.1 hereof. "Deed of Transfer": as defined in Section 4.1 hereof. "Employees": means all the employees of Speedline and the Subsidiaries as of the date hereof. "Euro": means the currency of the European Union. "Knowledge" or "Seller's Knowledge": means matters actually known by the directors, president, chief executive officer or chief financial officer of the relevant company, as the case may be. "Law" or "Laws": means all statutes, codes, ordinances, decrees, rules, regulations, municipal by-laws, judicial or arbitral or administrative or ministerial or departmental or regulatory judgments, orders, decisions, rulings or awards, or any provisions of such laws, binding on or affecting the Person referred to in the context in which such word is used; and "Law" means any one of them. "Notary": means Ms. Carolien Xxxxxxx Xxxxx a civil law notary in Amsterdam, The Netherlands of the firm Lexence, Amsterdam, The Netherlands or such other substitute in Amsterdam, The Netherlands that the Purchaser may recommend and the Seller agree, which agreement shall not be unreasonably denied. "Party" or "Parties": the Purchaser or the Seller or both, as the context may require. 3 <PAGE> "Person": means any natural person, firm, partnership, association, corporation, trust, public body or government. "Purchase Price": as defined in Section 2.2 hereof. "Purchaser Loan": as defined in Article 2.3 hereof. "Purchaser's Representative" means Xx. Xxxxxxx Xxxxxxxxxx, a representative selected by Purchaser to be kept informed of Speedline's and Subsidiaries' day-to-day and ordinary management, as set forth in Article 5; "Remaining Purchase Price" as defined in Section 2.3 (ii) hereof. "Shares": means the registered shares representing the entire outstanding capital and ownership interests in ASW-II. "Speedline": as defined in the recitals to this Agreement. "Subsidiaries": means the direct and indirect subsidiaries of Speedline, as set forth in Annex 6.2. "United States Dollars" or "US$": means the legal currency of the United States of America. "Withdrawal Time Limit": as defined in Article 3 hereof. Article 2
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Examples of Counter Guarantees in a sentence

  • Counter Guarantees given in respect of Guarantees Issued by the company's bankers to Oil & Natural Gas Corpn.

  • The provision of the Counter Guarantees by Triumph Group to the Company constitute financial assistance provided by a connected person of the Company.

  • As at As at31.03.2013 31.03.201227 Contingent Liabilities not provided for in respect of :(a) Unexpired Letters of Credit (margin money paid Rs.18,155 ; Previous year 18,155 125,214Rs.70,000)(b) Guarantees given by banks on behalf of the Company (margin money kept byway of fixed deposits Rs.106,424; Previous year Rs.147,919) 329,274 338,176 (c) Counter Guarantees given by the Company to the financial institutions/banks for providing guarantees on behalf of companies promoted by the Company.

  • As the Counter Guarantees will be provided on normal commercial terms and will not be secured by the Group’s assets, pursuant to Rule 14A.90 of the Listing Rules, the Counter Guarantees are fully exempt from the reporting, annual review, announcement and independent shareholder’s approval requirements under Chapter 14A of the Listing Rules.

  • In case the Counter Guarantees given by the Company in favour of Southern Pesticides Corporation Ltd.

  • In considering the local policy context, it is important to note that the Borough does not sit in isolation.

  • Nonetheless, the Board notes that the Letters of Counter Guarantees have apparently been granted in return for the purported pledge and guarantee agreements entered into by the Company in relation to the various loans mentioned above.

  • The Company has given Counter Guarantees to Banks / Financial Institutions for Rs.899.45 lakhs as at 31st March 2021 (Rs.715.85 lakhs as at 31st March 2020) against the Bank Guarantees obtained.

  • The Board was also notified that Joincare would issue the Letter of Undertaking to the Company immediately after approval of the Joincare Counter Guarantees at the general meeting of Joincare.

  • Decrease)during the year646.20– 12817.844.25a) Counter Guarantees given to Bank for issue of performance guarantees by Bankb) Foreign bills discounted by the bank under Letter of Creditc) Legal Undertakings submitted to Customs & DGFT under duty Exemption Scheme for import of raw materials against which all exports have been completed and Advance Licences are under redemption.


More Definitions of Counter Guarantees

Counter Guarantees as defined in Section 8.1 hereof.
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Related to Counter Guarantees

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Guarantees As defined in the preamble hereto.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Note Guarantees means the Guarantees of the Initial Notes and any Additional Notes.

  • 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.

  • Permitted Guarantees means any guarantee:

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

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

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • Securities Guarantees means the Common Securities Guarantee and the Preferred Securities Guarantee.

  • Consumer Guarantee means a consumer guarantee applicable to this contract under the Australian Consumer Law, including any Express Warranty.

  • guarantee contract means a contract entered into by a person as guarantor;

  • 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.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified 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.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • 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.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.