Debt Service Guaranty definition

Debt Service Guaranty means that certain Debt Service Guaranty of even --------------------- date with the Loan Agreement given to the Lender by Host Marriott Corporation pursuant to the requirements of the Loan Agreement and joined in by Marriott International, Inc. pursuant to the Modification, as such Guaranty may be amended from time to time in accordance with its terms, provided that no such amendment that would have a material adverse effect on Tenant's rights or obligations hereunder shall be effective against Tenant without Tenant's prior written approval.
Sample 1
Debt Service Guaranty means a guaranty of Debt --------------------- Service on the Loan in the form of Exhibit A hereto.
Sample 1
Debt Service Guaranty means the agreement of Marriott Corporation, an --------------------- Affiliate of MOHS, to advance to the Partnership amounts necessary to fund the Partnership's debt service on the First Mortgage Loan in excess of Partnership funds available therefor, up to a maximum amount of $2,500,000 until the earlier of (i) the date certain performance standards are achieved, or (ii) five years from the Hotel Closing, as more fully described in the Purchase and Sale Agreement.
Sample 1

Examples of Debt Service Guaranty in a sentence

  • The Partnership shall not secure the payment of any indebtedness under the Debt Service Guaranty or hereunder with any Lien (as defined in the Loan Agreement).

  • Capitalized terms used herein and not defined ----------- herein shall have the meanings assigned thereto in the Debt Service Guaranty Agreement dated as of July _, 1990 (as from time to time amended, the "Debt ---- Service Guaranty") between Marriott Corporation (the "Guarantor") and Sumitomo ---------------- --------- Trust & Banking Co., Ltd., New York Branch (together with its successors and assigns, the "Bank") or the Credit Agreement referred to therein.

  • Debt Service Guaranty" means a guaranty of Debt --------------------- Service on the Loan in the form of Exhibit A hereto.

  • Any advances by Marriott to the Partnership under the Debt Service Guaranty prior to the date hereof shall constitute indebtedness owing to Marriott by the Partnership.

  • Marriott and the Partnership agree that Marriott has made advances to or on behalf of the Partnership pursuant to the Debt Service Guaranty in the aggregate amount of $13,000,000.


More Definitions of Debt Service Guaranty

Debt Service Guaranty means that certain Contract of Guaranty --------------------- dated February 7, 1990 executed by Marriott in favor of the Lender.
Sample 1
Debt Service Guaranty means the Amended and Restated Debt Service --------------------- Guaranty in substantially the form of Exhibit J, as amended from time to time in accordance with its terms.
Sample 1

Related to Debt Service Guaranty

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, entered into by Performance Guarantor in favor of Administrative Agent.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • 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.

  • Payment Guaranty means, if applicable, that certain Guaranty (Payment) of even date herewith executed by Guarantor to and for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • 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.

  • 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.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • 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.

  • 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 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.

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

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

  • 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.

  • 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.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Performance Guarantor means Parent.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

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

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • 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;

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

  • 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.

  • 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.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • 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.