County Guaranty definition

County Guaranty means the County’s guarantee to replenish the Series 2022A Debt Service Reserve Account related to the Bonds in an amount equal to the County’s pro rata share of allocated principal of and interest on the Bonds.
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County Guaranty means that certain Guaranty Agreement, as may be amended, restated, supplemented or otherwise modified, dated as of the Effective Date, by Standard Capital LLC, a Delaware limited liability company, and National Foundation for Affordable Housing Solutions, Inc., a District of Columbia nonprofit corporation, for the benefit of the County Board.
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County Guaranty means the guaranty ordinance adopted by the County and the guaranty certificate on the face of each Bonds so guaranteed by such guaranty ordinance, all pursuant to the provisions of Section 37 (N.J.S.A. 40:37A-80) of the Act, which fully, unconditionally and irrevocably guaranty the principal of and interest on the Bonds contemplated thereby.
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Examples of County Guaranty in a sentence

  • The lease agreements and subsequent amendments require that Gateway shall cause the County to provide $120 million to be deposited into the County Guaranty Escrow Fund and used to meet certain arena obligations during the construction period.

  • The County’s obligations under this Undertaking shall terminate upon the termination of the County Guaranty.

  • Pursuant to the Deficiency Agreement, the City will make payment to the County for a portion of the principal and interest on the 2015 Bonds, not to exceed $1,100,000, of the principal plus one-half of the interest amount (including accreted interest) on the 2015 Bonds paid by the County pursuant to the 2015 County Guaranty, and the City shall be obligated, if necessary, to levy ad valorem taxes upon all the taxable property within the City without limitation as to rate or amount to make such payment.

  • Payments under the County Guaranty are required to be made directly by the County to the Trustee three Business Days prior to the due dates for principal of and interest on the Series 2009 Bonds.

  • This Agreement may only be assigned, in whole or in part, upon the written consent of the other party.

  • The County Guaranty does not secure the payment of the Purchase Price of any tendered Series 2009 Bond.

  • Skandia Ltd shall have duly executed ------------------------ and delivered the Northern County Guaranty and the Charter Indemnity Reinsurance Agreement.

  • The Guarantor acknowledges and agrees with the County that but for the execution and delivery of this Guaranty Agreement by the Guarantor, the County would not have entered into the County Guaranty Agreement, the Reimbursement Agreement or the Access Agreement.

  • During the Term, Taboola may also offer Company the right to use certain experimental features that are made available on a test basis (“Beta Features”), which Taboola may modify or remove at any time upon notice to Company (email to suffice) if such Beta Features are used by Company.

  • The Series 2009 Bonds are secured by a guarantee from Nassau County, New York (the “County”) pursuant to the County Guaranty.

Related to County Guaranty

  • Facility Guaranty means the Guaranty made by the Guarantors in favor of the Agent and the other Credit Parties, in form reasonably satisfactory to the Agent.

  • Security Guarantee means the guarantee of the Securities executed by each Guarantor and the notation thereof executed pursuant to the provisions of this Indenture.

  • security guard means an employee defined as a “guard” or a “security guard” in terms of the Basic Conditions of Employment Act, 1983;

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

  • 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:

  • 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.

  • 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.

  • company limited by guarantee means a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up;

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • 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.

  • Subsidiary Guaranty is defined in Section 9.7(a).

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

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.

  • Consumer Guarantee means a right or guarantee the Customer may have under the Australian Consumer Law or other rights in relation to the supply of goods or services (such as terms implied into a contract) that cannot lawfully be excluded.

  • 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.

  • 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.

  • 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.

  • Call Off Guarantee means a deed of guarantee in favour of a Contracting Body in the form set out in Framework Schedule 13 (Guarantee) and granted pursuant to Clause 3 of the Template Call Off terms;

  • Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity.

  • 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.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

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

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.