Group Guarantee definition

Group Guarantee means any one of them.”

Group Guarantee means a Guarantee from any member of the Consolidated Group (other than an SPP described in paragraph (a)(i) of the definition of Project Finance Indebtedness) in respect of Project Finance Indebtedness;

Group Guarantee means an agreement by a group of microfinance borrowers to be held jointly or severally liable for loan repayments in order to secure credit facilities.

Examples of Group Guarantee in a sentence

• The obligations of the Group Guarantor under the Group Guarantee are direct, unconditional, unsubordinated and unsecured obligations of the Group Guarantor and claims under the Group Guarantee rank at least pari passu with all other present and future unsecured and unsubordinated obligations of the Group Guarantor, other than any obligations preferred by mandatory provisions of applicable law.

• The payment of principal and interest in respect of the Covered Bonds and all other monies (including default interest) payable by the Issuer under or pursuant to the Trust Deed has been unconditionally guaranteed by the Group Guarantor pursuant to a guarantee (the Group Guarantee) in the Trust Deed.

• Such cash will be held by that guaranteed party as collateral for the obligations that are the subject of such Seller’s Group Guarantee or Seller’s Facility Guarantee and the Purchaser shall enter into the documents requested by that guaranteed party to reflect those collateral arrangements.

• After paying such cash to that guaranteed party the Purchaser shall procure the release of such Seller’s Group Guarantee or Seller’s Facility Guarantee and notify the Seller once the Seller’s Group Guarantee or Seller’s Facility Guarantee has been released.

• See Pierrehumbert and Beckman (1988); Selkirk and Tateishi (1988); Kubozono (1993) for phrasing patterns of MiP.1991; Kubozono 1993 for Japanese, Selkirk 2003; Truckenbrodt 2003 for Bengali).

More Definitions of Group Guarantee

Group Guarantee means the Group Guarantor’s full and unconditional several guarantee of the payment of the Securities, as provided in Article Eleven and subject to Article Twelve.

Group Guarantee means a guarantee mechanism by which a group of borrowers undertake to be liable jointly or severally to a loan of any one of them.

Group Guarantee means the unlimited multi-party guarantee dated as of the Original Closing Date and delivered by the Guarantors in favour of the Administrative Agent, as amended, supplemented, restated or replaced from time to time.

Group Guarantee has the meaning set out in clause 14.1.

Group Guarantee means the British Columbia law unlimited multi-party guarantee dated as of the Closing Date in favour of the Administrative Agent with respect to the debts, liabilities and obligations of the Credit Parties under the Loan Documents, as amended, restated, supplemented or otherwise modified from time to time.

Group Guarantee means the guarantee of the obligations of the Issuer by Group as endorsed on each Security authenticated and delivered pursuant to the Indenture in accordance with and subject to the terms of Article 15 hereof and all other obligations and covenants of Group contained in this Indenture and the Securities.

Group Guarantee means the document so entitled dated on or about the date of this deed between the Bank, Original Guarantors and Original Borrowers.