Financial Guarantee Agreement definition

Financial Guarantee Agreement means the Financial Guarantee Agreement dated as of March 29, 2002 among the Adviser, the Trust and Ambac as it may be amended from time to time in accordance with the terms thereof.
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Financial Guarantee Agreement means the Financial Guarantee Agreement, dated as of the date hereof, among Ambac, the Adviser and Trust on behalf of the Fund, as it may be amended from time to time in accordance with the terms thereof.
Sample 1
Financial Guarantee Agreement means the Financial Guarantee Agreement dated as of March 29, 2002 among the Adviser, the Trust and Ambac.
Sample 1

Examples of Financial Guarantee Agreement in a sentence

  • For the avoidance of doubt, "Other Assets" is limited solely to the excess (if any) of Fund Value over 101% of the Bond Floor as contemplated by Section 4.02 of the Financial Guarantee Agreement referred to below.

  • This Agreement shall continue in effect until the Termination Date (as defined in the Financial Guarantee Agreement).

  • Any questions of interpretation of any term or provision of this Agreement, including but not limited to the management fee, the computations of net asset values and the allocation of expenses, having a counterpart in or otherwise derived from the terms and provisions of the Management Agreement, the Financial Guarantee Agreement or the 1940 Act, shall have the same meaning as and be resolved by reference to such Management Agreement, the Financial Guarantee Agreement or the 1940 Act.

  • Nevertheless, this Agreement will automatically terminate upon the termination of the Financial Guarantee Agreement.

  • Notice of the Inception Date required by Section 2.02 of the Financial Guarantee Agreement is hereby accepted and shall be deemed to have been delivered in a timely manner by the Fund.

  • As used herein the terms Defeasance Portfolio, Fund Value and Bond Floor B shall have the meanings ascribed thereto in that certain Financial Guarantee Agreement, dated as of March 29, 2002, as amended from time to time, among the Manager, the Trust and Ambac Assurance Corporation, as such agreement is in effect from time to time.

  • PIM and the Trust wish to limit the expenses of the Fund during the Guarantee Period (as such term is defined in the Financial Guarantee Agreement, dated as of February 26, 2003, as amended as of June 13, 2003 (the "Financial Guarantee Agreement"), among the Trust, on behalf of the Fund, PIM and Ambac Assurance Corporation (the "Insurer").

  • The parties hereby acknowledge that the Management Agreement provides that the Adviser's management fee shall be reduced to 0.25% per annum of the average daily net assets of the Fund in the event the Fund's assets are required to be allocated to theDefeasance Portfolio pursuant to Article IV of the Financial Guarantee Agreement (a "Permanent Defeasance Event").

  • For the avoidance of doubt, "Other Assets" is limited solely to the excess (if any) of Fund Value over 101% of Bond Floor B as contemplated by Section 4.02 of the Financial Guarantee Agreement referred to below.

  • The parties hereby acknowledge that the Advisory Agreement provides that the Adviser's management fee shall be reduced to 0.25% per annum of the average daily net assets of the Fund in the event the Fund's assets are required to be allocated to the Defeasance Portfolio pursuant to Article IV of the Financial Guarantee Agreement (a "Permanent Defeasance Event").

Related to Financial Guarantee Agreement

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

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

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • 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.

  • 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.

  • Guarantee and Security Agreement means that certain Guarantee, Pledge and Security Agreement, dated as of the Effective Date, among the Borrower, the Subsidiary Guarantors, the Administrative Agent, each holder (or a representative, agent or trustee therefor) from time to time of any Secured Longer-Term Indebtedness, and the Collateral Agent.

  • 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.

  • Guarantee and Collateral Agreement the Guarantee and Collateral Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time.

  • Guarantee Agency means a state agency or a private nonprofit institution or organization which administers a Guarantee Program within a State or any successors and assignees thereof administering the Guarantee Program which has entered into a Guarantee Agreement with the Trustee on behalf of the Purchaser.

  • 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 Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit B to the Guarantee and Security Agreement between the Collateral Agent and an entity that pursuant to Section 5.08 is required to become a “Subsidiary Guarantor” under the Guarantee and Security Agreement (with such changes as the Administrative Agent shall request consistent with the requirements of Section 5.08).

  • Financial Agreement means an agreement that meets the

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

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

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • 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-1.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

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

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

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • 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.