Guarantee Default definition

Guarantee Default. Defined in Section 8.13.

Guarantee Default. Has the meaning assigned thereto in the Guarantee Agreement.

Guarantee Default. The meaning specified in Section 9.01(ff).

Examples of Guarantee Default in a sentence

• The Notice alleges that the conditions to the release of CEC’s guarantee under the Indenture have not occurred and the alleged Guarantee Default constitutes an event of default under the Indenture as a result of CEOC’s failure to cure the default prior to May 16, 2014 as proscribed by the Indenture.

• To the extent that MJ GeneWorks, Incorporated was a Material Domestic Subsidiary of the Borrower under the Existing Credit Agreement and the failure by MJ GeneWorks, Incorporated to guarantee the Secured Obligations and secure its guarantee obligations thereunder gave rise to a default under the Existing Credit Agreement (the “GeneWorks Guarantee Default”), the Lenders and the Agent hereby agree to waive the GeneWorks Guarantee Default under the Existing Credit Agreement.

• To date the project has:• Collated statistical information from Nigeria relevant to the study including on the structure of the economy and the dominance of the oil sector and the scale of the grey economy (section 3.1, 3.2 and 3.3).• Undertaken a macro-level analysis of international financial flows into and out of the country to reveal what can be explained by the legitimate claims and liabilities of legal trade and arrangements (section 3.5).

• Term Loan From AccountNo. Code** Secured by Government Guarantee.*** Secured by Government Guarantee and Default Escrow.**** Secured by Government Guarantee, Default Escrow and pari-passu on current assets.(iv) Descriptive details of Term Loan from others - Secured Borrowings(Amount in `) S.No.Term Loan FromAccount Code S.No.Term Loan FromAccount Code S.Term Loan From S.No.Term Loan From Account CodeThe sanction amount of Loan is` 37,98,00,00,000.

More Definitions of Guarantee Default

Guarantee Default. (a) the obligations of any Guarantor under the Guarantee Agreement shall cease to be in effect, or (b) any violation of any provision set forth in the Guarantee Agreement.

Guarantee Default means a Material Default with respect to either Guarantor.

Guarantee Default means an event or condition that, with the giving of notice, lapse of time or failure to satisfy certain specified conditions, or any combination thereof, would become a Guarantee Event of Default.

Guarantee Default means one or both of the following events:

Guarantee Default means a Material Default with respect to either Guarantor. "GUARANTEE LEGEND" shall have the meaning set forth in the Ex-Im Bank Guarantee. "GUARANTEED AMOUNT" shall have the meaning set forth in the Ex-Im Bank Guarantee. "GUARANTOR" shall mean each of GFC and GATX Corporation. "HOME COUNTRY" shall mean each of France, Germany, Spain, the United Kingdom and the United States of America. "HOME COUNTRY AIR CARRIER" shall mean an air carrier whose principal place of business is located in any Home Country. "HOME COUNTRY RULES" shall mean the following: (a) Subject always to paragraphs (b), (c) and (d) immediately below, during the period of two (2) years commencing on and following the Borrowing Date for any Aircraft, (the "Initial Period") such Aircraft will not be leased to any Home Country Air Carrier: 14 <PAGE> [Appendix A] (b) Subject always to paragraph (c) immediately below, any Aircraft may be leased to a Home Country Air Carrier: (i) following the bona fide repossession of such Aircraft by, or the delivery or redelivery of such Aircraft to, the Operating Lessor thereof as a result of the termination of the leasing thereof under the Initial Operating Lease therefor prior to its scheduled expiry date as a result of an Operating Lease Event of Default thereunder; or (ii) after Initial Period for such Aircraft has ended.

Guarantee Default. Provision” Section 6.1(8) “incur” Section 4.3(a) “Initial Notes” Preamble “legal defeasance option” Section 8.1(b) “Legal Holiday” Section 11.7 “Luxembourg Guarantor” Section 10.2

Guarantee Default means: (i) Failure by Party B or the Guarantor to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with the Guarantee if such failure is continuing after any applicable grace period has elapsed; Annexl/96PSArepo i. the expiration or termination of the Guarantee or the failing or ceasing of such Guarantee to be in full force and effect for the purpose of this Agreement (in either case other than in accordance with its terms) prior to the satisfaction of all obligations of such party under each Transaction to which such Guarantee relates without the written consent of the other party;