Guarantee Letters definition

Guarantee Letters means letters of guarantee issued by the Issuing Lender pursuant to Article 5.
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Guarantee Letters means the letters of guarantee issued by Royal pursuant to Section 3.4;
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Guarantee Letters means letters of guarantee issued by TD Bank pursuant to Section 3.11;
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Examples of Guarantee Letters in a sentence

  • Each Specified Accommodation shall (i) be (w) the Bank Guarantee Letters of Credit, (x) a Standby L/C, (y) a Trade L/C or (z) a bankers' acceptance, to the extent included in the Specified Accommodation Commitment and (ii) expire or mature no later than five (5) Business Days prior to the Scheduled Revolving Credit Commitment Termination Date.

  • No Accommodation (other than the Bank Guarantee Letters of Credit) shall have an expiry or maturity date more than one year after its date of issuance or creation; PROVIDED, that, any Specified Letter of Credit (other than the Bank Guarantee Letters of Credit) may provide for the renewal thereof for additional periods not to exceed one (1) year (which shall in no event extend beyond the Scheduled Revolving Credit Commitment Termination Date).

  • SSW or SSWG, as the case may be, shall pay letter of credit fees in respect of any such Letters of Credit or Guarantee Letters at the applicable rate (based on the Face Amount of such Letters of Credit or Guarantee Letters) set out in Appendix 2 and upon other terms and conditions to be negotiated between SSW or SSWG, as the case may be, and TD Bank.

  • English Bidco hereby represents, warrants, agrees, covenants and reaffirms that: (i) it has no (and it permanently and irrevocably waives, and releases Chase from, any, to the extent arising on or prior to the Closing Date) defense, setoff, claim, or counterclaim against Chase with regard to its English Obligations in respect of the Bank Guarantee Letters of Credit and (ii) reaffirms its obligation to reimburse Chase as set forth above.

  • The Guarantee Letters issued by each Founder respectively to Min Xing Xxxx Xxxxx (Beijing) Investment Guarantee Stock Company Limited (闽兴恒昌（北京）投资担保股份有限公司) shall have been terminated or amended in a way satisfactory to the Investor and its counsel.

  • On the Maturity Date the Borrower shall repay to Royal the whole of the outstanding amount of the Credit Facility together with interest, fees and other amounts due hereunder to such date including the Face Amounts of all Bankers' Acceptances and the amounts of all Guarantee Letters, Letters of Credit or Eurocurrency Advances issued pursuant to the Agreement which have not matured or expired.

  • Advances under the Credit Facility (other than deemed advances in relation to Bankers' Acceptances, Agreement Letters of Credit and Guarantee Letters) shall be disbursed to the Borrower by Royal crediting the Branch of Account or elsewhere as may be agreed to between the Borrower and Royal.

  • Subject to the provisions of the Agreement, the Borrower may, at its option, utilize the Credit Facility by way of Canadian Advances, U.S. Advances, Guarantee Letters, Agreement Letters of Credit or, if available, Eurocurrency Advances or Bankers' Acceptances.

  • Subject to the provisions of the Agreement, the Borrower may, at its option, utilize the Credit Facility by way of Canadian Advances, U.S. Advances, Guarantee Letters, Letters of Credit or, if available, Bankers’ Acceptances.

  • As part of the repayment of the shareholders loan and providing the capital note to Pointer as stated in Section 8.5.10 below, the aforesaid loan was repaid.8.5.9 Pointer's Guarantee Letters for customers of the CompanyAs part of the Structural Split, Pointer was transferred part of the guarantees provided by Shagrir Systems to the customers of the Company.


More Definitions of Guarantee Letters

Guarantee Letters means the guarantee letter(s) dated 26 September 2018 executed by
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Guarantee Letters means the letters of guarantee issued by Royal pursuant to §3.31; (aaaa) "Guarantor" means Louisiana-Pacific Corporation, its successors and permitted assigns; (bbbb) "Guarantor Affiliates" means any Affiliate of the Guarantor; (cccc) "Guarantor Credit Agreement" means the credit agreement in respect of the Guarantor Credit Facility, unless otherwise provided, as amended, restated, modified, supplemented, extended, renewed or replaced from time to time; (dddd) "Guarantor Credit Facility" means the credit facility made available to the Guarantor pursuant to the terms of a Credit Agreement entered into as of November 15, 2001 among the Guarantor, as borrower, Bank of America, N.A., as the Administrative Agent, Wachovia Bank, N.A., as the Syndication Agent, Royal, as Documentation Agent and the other lenders party to the credit agreement; (eeee) "H.15(519)" means the weekly statistical release designated as such published by the Board of Governors of the Federal Reserve System of the United States of America or in any successor publication; (ffff) "Indebtedness" means without duplication: (1) all obligations for borrowed money (including the present value of capitalized lease obligations) which in accordance with GAAP would be included in determining total liabilities as shown on the liability side of a consolidated balance sheet as of the date at which Indebtedness is to be determined, including deferred purchase price obligations;
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Guarantee Letters means the letters of guarantee issued by Royal pursuant to Section 3.4; “Guarantor” means Louisiana-Pacific Corporation, its successors and permitted assigns;
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Guarantee Letters means letters of guarantee issued by the Lender pursuant to paragraph 3.22; “Judgment Currency” has the meaning ascribed in §9.7;
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Related to Guarantee Letters

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

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

  • 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.

  • 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.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • 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.

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

  • 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.

  • Collateral Agreement means the Guarantee and Collateral Agreement among the Loan Parties and the Collateral Agent, substantially in the form of Exhibit C.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • 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.

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with the Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Borrowers and each of the Guarantors to Agent.

  • Foreign Security Documents means the collective reference to the security agreements, debentures, pledge agreements, charges and other similar documents and agreements pursuant to which any Grantor purports to pledge or grant a security interest in any property or assets located outside of the United States (including any Pledged Equity Interests of any Issuer organized under a jurisdiction other than the United States or any state or locality thereof securing the Secured Obligations).

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • 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.

  • 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:

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • First Lien Security Documents means the Security Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Guarantees As defined in the preamble hereto.

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.

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

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.