Examples of Domestic Borrower Guaranty in a sentence
They will constitute senior obligations of the Domestic Borrowers and rank pari passu with each other and the Domestic Borrower Guaranty (described below).
The Existing L/C Facility will be secured by a lien on the foregoing collateral junior and subordinate only to the liens in favor of the New Revolver Facility, New L/C Facility and Domestic Borrower Guaranty.
The CPIH Revolver Facility will be guaranteed by the Domestic Borrowers on a joint and several basis (the "Domestic Borrower Guaranty").
The foregoing waivers are of the essence of the transaction contemplated by the Loan Documents and, but for this Domestic Borrower Guaranty Agreement and such waivers, the Administrative Agent and the Lenders would decline to enter into this Agreement.
Any material provision of this Agreement, the Notes, the Domestic Borrower Guaranty Agreement or any Subsidiary Guaranty Agreement shall for any reason cease to be valid and binding on the Domestic Borrower or any of its Material Subsidiaries party thereto or any such Person shall so state in writing, other than in accordance with the express terms hereof or thereof.
The Domestic Borrower further hereby waives diligence, presentment, demand, protest and notice of whatever kind or nature with respect to any of the Guaranteed Obligations and waives the benefit of all provisions of law which are or might be in conflict with the terms of this Domestic Borrower Guaranty Agreement.
The New Revolver Facility, the New L/C Facility and the Domestic Borrower Guaranty (as defined herein) will be secured by a first priority perfected lien on all existing and future personal, mixed and real property of the Domestic Borrowers, subject to existing contractual restrictions, valid, enforceable and perfected third party liens on project assets, statutory restrictions, valid restrictions pursuant to constituting documents, and certain other permitted liens.
The Domestic Borrower represents, warrants and agrees that its obligations under this Domestic Borrower Guaranty Agreement are not and shall not be subject to any counterclaims, offsets or defenses of any kind against the Administrative Agent, the Lenders or the Borrowers whether now existing or which may arise in the future.
The New Revolver Facility, the New L/C Facility and the Domestic Borrower Guaranty (as defined herein) will be secured by a first priority perfected lien on all existing and future personal, mixed and real property of the Domestic Borrowers, subject to existing contractual restrictions, valid, enforceable and perfected third party liens on project assets and certain other permitted liens.
Domestic Borrower Guaranty In order to induce the Lenders to extend credit to the Foreign Borrowers hereunder, each Domestic Borrower hereby irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the payment when and as due of the Secured Obligations of each other Loan Party.