Guarantee Holder definition

Guarantee Holder means the natural or juridical person so designated in the preamble of the Special Conditions and who is party to this Contract, which term shall include such person’s successors and permitted assigns that, in either case, meet the requirements of the Convention and the Operational Policies and are otherwise acceptable to MIGA.

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Guarantee Holder means the natural or juridical person so designated in the Special Conditions and who is party to the Contract, which term shall include such person’s successors and permitted assigns that, in either case, meet the requirements of the Convention and the Operational Regulations.

Guarantee Holder s Share” means, as applicable:

Examples of Guarantee Holder in a sentence

• For the avoidance of doubt, nothing in this Section 7.1.7 shall affect the obligations of the Guarantee Holder under clause 4.2 of the Finnvera General Terms.

• Where the Guarantee Holder as holder of the Finnvera Guarantee or, if applicable, the Second Finnvera Guarantee receives a request for any material amendment, consent or waiver under this Agreement, the Guarantee Holder shall ask for Finnvera's consent in respect of any such material amendment, consent or waiver (which consent shall not be unreasonably withheld or delayed).

• The Borrower and the Lenders acknowledge that Finnvera is entitled to instruct the Guarantee Holder and the FEC Lenders how to exercise their rights regarding the Loan under this Agreement.

• Where the Guarantee Holder as holder of the Finnvera Guarantee receives a request for any material amendment, consent or waiver under this Agreement, the Guarantee Holder shall ask for Finnvera's consent in respect of any such material amendment, consent or waiver (which consent shall not be unreasonably withheld or delayed).

• The Borrower and the Lenders acknowledge that Finnvera is entitled to instruct the Guarantee Holder, the FEC Lenders and, if applicable, the Finnvera Balancing Lenders how to exercise their rights regarding the FEC Loan or, if applicable, the Finnvera Balancing Loan under this Agreement.

More Definitions of Guarantee Holder

Guarantee Holder means the holder of a guarantee issued by the Agency;

Guarantee Holder means a Risk Sharing Financial Institution which, having entered into a Guarantee Framework Agreement and having granted loans to an Eligible Enterprise, has been issued a Guarantee Certificate by the Risk Sharing Guarantee Company, in accordance with the provisions of this Agreement;

Guarantee Holder means the Party entitled to have a Guarantee granted in its favor under this Global Agreement, or, that holds Assets Granted as Guarantee of the other Party.

Guarantee Holder means KfW IPEX (for the benefit of the Original FEC Lenders or FEC and, if applicable the Original Finnvera Balancing Lenders from time to time) being the person in whose favour (i) the Finnvera Guarantee shall be issued for the benefit of the Original FEC Lenders and, following the execution of each FEC Transfer Certificate, FEC and (ii) the Second Finnvera Guarantee, if applicable, shall be issued for the benefit of the Original Finnvera Balancing Lenders and, subject to approval from Finnvera following any assignment or transfer of the Finnvera Balancing Commitment, the Finnvera Balancing Lenders.

Guarantee Holder means KfW IPEX-Bank GmbH (for the benefit of the the Original Finnvera Balancing Lenders), a company incorporated in Germany.

Guarantee Holder means a natural person or a private juridical person, who, having the risk of loss associated with the financing or the carrying on of a productive activity in Albania, has been issued a Guarantee Contract by AGA in accordance with procedures set forth in paragraphs (a) through (e) of Schedule 2 to the Project Agreement. For the purposes of this paragraph, the term "private juridical person" means an entity, the management and policies of which, including operating decisions, are not directed by or are not under the direction of, whether through ownership of voting securities, by contract or otherwise, a state, or a political or administrative subdivision thereof, or by any regional, local or other governmental body. Any commercial leasing or finance company acceptable to the Association shall be considered a private juridical person;

Guarantee Holder means foreign financier of Inputs who was issued a Guarantee Contract by the GAU in accordance with procedures set forth in paragraphs (a) through (e) of Schedule 2 to the Project Agreement;