Guarantee Agent definition

Guarantee Agent has the meaning assigned to this term in the Credit Agreement.
Sample 1Sample 2Sample 3
Guarantee Agent. In cases of syndicated loans, its administration requires a skilled person specialized in performing such function. The Guarantee Agent shall be a bank (the structuring entity itself or one of the banks that make up the union), which role will be to manage contracts of warranties that the Concessionaire has given as credit Guarantee, execute warranties on banks’ behalf and recover the execution amounts to be distributed among the banks.
Sample 1
Guarantee Agent means Banco Nacional de México, SA, member of Grupo Financiero Banamex, Fiduciary Division.
Sample 1

Examples of Guarantee Agent in a sentence

  • Lenders shall include a Guarantee Agent and Collateral Trustee for the benefit of the Lender, where applicable.

  • This liability may be transferred to the Guarantee Agent in the event of the Direct Clearing Customer’s failure or inability to pay same.

  • For syndicated loans, is the Guarantee Agent that, represent different creditors.

  • Eligibility criteria of a Guarantee Agent are set out under the proposed amendments.

  • If Nasdaq Dubai becomes insolvent, then any Eligible Margin provided by a Direct Clearing Customer and/or Guarantee Agent which remains after all of the obligations of the Direct Clearing Customer to Nasdaq Dubai have been discharged in full shall be returned to the Direct Clearing Customer.

  • A Direct Clearing Customer or Guarantee Agent shall perform and complete all CCP Transactions entered into prior to the effective date of the close out of the Segregated Clearing Account.

  • The closing out of an account and the consequential termination of the right of the Direct Clearing Customer to operate such account will effectively terminate the Direct Clearing Customer Agreement and the obligation of the Guarantee Agent toward the account.

  • The Direct Clearing Customer or Guarantee Agent shall provide the details of a valid account within Nasdaq Dubai to Nasdaq Dubai for the purpose of transferring the assets in the Segregated Clearing Account prior to the closing out of same, subject to Rule 12.4.2.

  • Direct Clearing Customers shall be restricted to one Segregated Clearing Account per Guarantee Agent.

  • The Direct Clearing Customer shall cease and cause the Guarantee Agent to cease from carrying out any further transaction in Admitted Derivative Contracts on the Segregated Clearing Account for the period leading to the close out of the account.


More Definitions of Guarantee Agent

Guarantee Agent means DVB Bank, as agent and security agent under the Amended Guarantee Facility Agreement.
Sample 1
Guarantee Agent means Itaú Chile, as indicated in the foreword of this Agreement. “Amortization” means each payment the principal of the Loan made by the Debtor on the Maturity Date. “Government Authority” means any entity that performs executive, legislative, judicial, regulatory or administrative functions in any jurisdiction, whether in Chile or abroad. “Agent Bank” means Itaú Chile, as indicated in the foreword of this Agreement. “Change of Control” means that the Controlling Shareholder ceases to: /i/ before the Permitted Reorganization has been concluded, being the owner, directly or indirectly, of at least the corporate rights and shares that it currently owns in the Debtor, in each of the Guarantors and of each of the companies that comprise Grupo CorpGroup and/or; /ii/ after the Permitted Reorganization has been concluded, being the owner, directly or indirectly, of at least fifty point one percent of the corporate rights in the Debtor; /iii/ at all times during the term of the Loan, ensure the majority of votes in the partners’ or shareholders’ meetings of the Debtor, of each of the Guarantors and of each of the companies that Xxxxxxx Xxxxxx Concha Notary Public Xxxxxx Xxxx 0153 - Phone: 0000000 xxxxxxxx@xxxxxxx-xxxxxx.xx Providencia
Sample 1
Guarantee Agent shall have the meaning provided in the Guarantee Agreements, as applicable.
Sample 1
Guarantee Agent has the meaning attributed to it in the preamble to this Agreement.
Sample 1

Related to Guarantee Agent

  • 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.

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

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Grantee Agents means Xxxxxxx’s representatives, employees, officers, as well as any contractor or subgrantee's employees, contractors, officers, principals and agents.

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

  • 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.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • 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.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Preferred Guarantee Trustee means Wilmington Trust Company, until a Successor Preferred Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Securities Guarantee and thereafter means each such Successor Preferred Guarantee Trustee.

  • 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.

  • Successor Guarantee Trustee means a successor Guarantee Trustee possessing the qualifications to act as Guarantee Trustee under Section 4.1.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Series B Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

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

  • 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.

  • Guarantor means any one of them.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • 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:

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.