Examples of Guarantee Issuance Agreement in a sentence
Let Pjj denote the extended maximal palindrome for each 1 ≤ j ≤ t.
The Guarantor shall have received evidence that the Sponsor has irrevocably instructed the Borrower’s Accountant to communicate directly with the Guarantor regarding the Borrower’s accounts, operations and all other matters set forth in section 6.6 (or equivalent provision) of each Guarantee Issuance Agreement.
Subject to the terms and conditions hereof, the Guarantor hereby establishes this guarantee facility pursuant to which the Guarantor shall issue a Guarantee in respect of each Guaranteed Loan, in each case pursuant to the terms of the relevant Guarantee Issuance Agreement.
A Guarantee Issuance Agreement pursuant to this Agreement shall not have been executed within [***] days prior to the execution of a new Guarantee Issuance Agreement unless the Guarantor has granted a waiver in writing.
Xxxx Title: Executive Vice President, Chief Financial Officer [Signature Page to Guarantee Issuance Agreement] as Lender /s/ Xxxxxx X.
The Guarantor shall have received legal opinions dated as of the Loan Closing Date and addressed to the Guarantor, subject to customary qualifications and limitations and covering enforceability of the Guarantee Issuance Agreement, the Loan Agreement, the Loan Note, or such other documents to which the Guarantor is party.
To the extent the Lender receives proceeds in respect of the Outstanding Component 1 Balance in connection with a foreclosure on the Collateral while Guarantee Demand Requests for such amounts remain outstanding under the Guarantee Issuance Agreement, the Guarantee Demand Requests for such amounts under the Guarantee Issuance Agreement shall automatically be reduced by the amount of such proceeds.
If, on the Maturity Date or after an acceleration of the Loan, the Outstanding Component 1 Balance is greater than $[***], the Agent shall, no later than 12:00 p.m. (New York City time) on the third Business Day prior to such Payment Date, issue a Guarantee Demand Request, as provided by the Borrower (or the Servicer on behalf of the Borrower), to the Guarantor under Sections 9.1 and 9.2 of the Guarantee Issuance Agreement in an amount equal to the unpaid balance of thereof.
Solely with respect to the first Guarantee Issuance Agreement entered into following the Execution Date, letter agreements between the Sponsor and each applicable Guarantor Consultant (as indicated by the Guarantor and including the Guarantor’s financial advisors and its master servicer) providing for the Sponsor’s payment of the fees and expenses of such Guarantor Consultants described therein on an ongoing basis, shall have been executed.
The Guarantor shall have received evidence that the agent for service of process referred to in section 10.9(c) (or equivalent provision) of the Guarantee Issuance Agreement has been duly appointed and holds such appointment without reservation until six (6) months after the relevant Loan Maturity Date of the Guaranteed Loan, together with evidence of the prepayment in full of the fees of such agent.