Funding Guarantee definition

Funding Guarantee shall have the meaning set forth in the Recitals.
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Funding Guarantee means an obligation or offer to provide funds (including by subscription or purchase) or otherwise be responsible in respect of an obligation or indebtedness, or the financial condition or insolvency, of another person. It includes a guarantee, indemnity, letter of credit or legally binding letter of comfort, or an obligation or offer to purchase an obligation or indebtedness of another person;
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Funding Guarantee. Renaissance has provided proof of funds through Hunters Creek Capital Partners to ▇▇▇▇▇▇▇ and Rotate Black. The Investor will have $14 million deposited into an escrow account within 10 days of the execution of this LOI.
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Examples of Funding Guarantee in a sentence

  • Working together, the Australian Government commitment in 2020 to the New Medicines Funding Guarantee which provides at least $2.8 billion dollars over the first four years, and savings of approximately $1.9 billion from the New Strategic Agreement, will be fully re-invested in the PBS, ensuring at least $5 billion of uncapped new investment is available for Australians to have the earliest possible access to innovative medicines.

  • The TXU Funding Debentures will be guaranteed by the Company, as and to the extent set forth in the Prospectus and the TXU Funding Indenture (the "TXU Funding Debenture Guarantee") The Other Debentures will be guaranteed by the Company, as and to the extent set forth in the Prospectus and the Other Indentures (the "Other Debenture Guarantees" and together with the TXU Funding Guarantee, the "Debenture Guarantees").


More Definitions of Funding Guarantee

Funding Guarantee means the obligation of the Funding Guarantors in accordance with, and subject to the terms and conditions of, the Funding Agreement, to purchase up to $75 million of the Offered Shares.
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Funding Guarantee means the first demand absolute direct suretyship in accordance with Articles 6:420 and 6:429 of the Civil Code (''készfizető kezességvállalás'') by Hungary of the Issuer's obligations under the Notes pursuant to Paragraph (1)(a) of Article 6 of the Eximbank Act;
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Funding Guarantee means the obligation of the Funding Guarantors in accordance with, and subject to the terms and conditions of, the Funding Agreement, to purchase up to all $75 million of the Offered Shares not purchased by eligible Holders of Old Seitel Common Stock in the Warrant Offering at a per share price equal to the Exercise Price.
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Related to Funding Guarantee

  • Funding Guarantor as defined in Section 7.2.

  • Qualifying Guarantee means an arrangement evidenced by a written instrument pursuant to which a Reference Entity irrevocably agrees (by guarantee of payment or equivalent legal arrangement) to pay all amounts due under an obligation (the “Underlying Obligation”) for which another party is the obligor (the “Underlying Obligor”). Qualifying Guarantees shall exclude any arrangement (i) structured as a surety bond, financial guarantee insurance policy, letter of credit or equivalent legal arrangement or (ii) pursuant to the terms of which the payment obligations of the Reference Entity can be discharged, reduced or otherwise altered or assigned (other than by operation of law) as a result of the occurrence or non-occurrence of an event or circumstance (other than payment). The benefit of a Qualifying Guarantee must be capable of being delivered together with the delivery of the Underlying Obligation.

  • Funding Guarantors as defined in Section 7.2.

  • Excess Funding Guarantor means, in respect of any Guaranteed Obligations, a Subsidiary Guarantor that has paid an amount in excess of its Pro Rata Share of such Guaranteed Obligations, (ii) “Excess Payment” means, in respect of any Guaranteed Obligations, the amount paid by an Excess Funding Guarantor in excess of its Pro Rata Share of such Guaranteed Obligations and (iii) “Pro Rata Share” means, for any Subsidiary Guarantor, the ratio (expressed as a percentage) of (x) the amount by which the aggregate fair saleable value of all properties of such Subsidiary Guarantor (excluding any shares of stock or other equity interest of any other Subsidiary Guarantor) exceeds the amount of all the debts and liabilities of such Subsidiary Guarantor (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of such Subsidiary Guarantor hereunder and any obligations of any other Subsidiary Guarantor that have been Guaranteed by such Subsidiary Guarantor) to (y) the amount by which the aggregate fair saleable value of all properties of the Borrower and all of the Subsidiary Guarantors exceeds the amount of all the debts and liabilities (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of the Obligors hereunder) of the Borrower and all of the Subsidiary Guarantors, determined (A) with respect to any Subsidiary Guarantor that is a party hereto on the date hereof, as of the date hereof, and (B) with respect to any other Subsidiary Guarantor, as of the date such Subsidiary Guarantor becomes a Subsidiary Guarantor hereunder.

  • Non-Paying Guarantor has the meaning assigned to such term in Section 10.11.