Guarantee Claim definition

Guarantee Claim means a Claim against the Debtors on account of a Guarantee (other than the Canadian Senior Unsecured Note Guarantee Claim).

Guarantee Claim means a Claim asserted against LBHI on the basis of a guarantee, promise, pledge, indemnity or similar agreement by LBHI (a) to satisfy an obligation or liability of another entity or (b) with respect to asset values, collection or net worth of another entity.

Guarantee Claim means a Claim against a Debtor arising pursuant to a guarantee of the obligations of any Obligor Debtor valid under applicable law.

Examples of Guarantee Claim in a sentence

• Other than with respect to a Convenience Claim or Convenience Guarantee Claim, no payment of Cash of less than $500 shall be made by any Debtor to any holder of an Allowed Claim against such Debtor unless a request therefor is made in writing to the Plan Administrator.

• LBHI also previously filed an objection to disallow the LBIE-based Guarantee Claim filed by SRM Global Master Fund Limited Partnership (“SRM”) for $305 million [ECF No. 53215].

• A partial payment request returned to the Contractor by the Agency under the provisions of this section shall be accompanied by a written document setting forth the reason(s) why the partial payment request is not proper.

• To the extent the holder of an Allowed Guarantee Claim (other than Senior Note Claims) receives a Plan Distribution from a Guarantor Debtor and/or its Estate, and except as provided below, such Guarantor Debtor shall be subrogated to the rights of the holder of such Allowed Guarantee Claim to collect and receive a Plan Distribution on account of such Claim from the Obligor Debtor and/or its Estate under the Plan.

• In full and final satisfaction of each MCA and Other Customer Guarantee Claim, all Allowed MCA and Other Customer Guarantee Claims shall be Reinstated.

More Definitions of Guarantee Claim

Guarantee Claim means a Claim against the Debtors on account of a Guarantee.

Guarantee Claim means a Claim against the Filing Entities on account of a Guarantee.

Guarantee Claim means any Claim arising under the Security Agreement.

Guarantee Claim means a “claim,” as such term is defined in section 101(5) of the Bankruptcy Code, arising from each Guarantee.

Guarantee Claim means a Claim on account of a guarantee, promise, pledge, indemnity, or similar agreement to satisfy or that relates to a Primary Claim or liability of another Debtor.

Guarantee Claim shall have the meaning assigned to such term in Section 11.11.

Guarantee Claim has the meaning given to it in Clause 6.2; “Indemnifying Party” has the meaning given to it in Clause 22.2;