Guarantee Letters definition

Guarantee Letters means letters of guarantee issued by the Issuing Lender pursuant to Article 5.
Guarantee Letters means letters of guarantee issued by Royal pursuant to Section 3.32;

Examples of Guarantee Letters in a sentence

  • 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).

  • Shows accurate effort to flex own response to changing environmental demandsas needed.NDIC3.

  • On 31.12.2021, the approved limit is 19,365,000 lei, of which 14,572,011.77 lei are used through the credit line and 641,312.49 lei through Bank Guarantee Letters, the available limit to be used being 4,151,675 lei.

  • On 5 October 2009, JVCo filed a lawsuit against Emniyet in the Ankara Court of First Instance for unlawful termination of the Contract, claiming for YTL5 million and return of the Guarantee Letters (“Claim”).

  • In addition, the Operating Borrower may, at its option and subject to the provisions of this agreement, utilize the Operating Facility by way of Letters of Credit or Guarantee Letters issued by the Issuing Lender in Canadian Dollars or US Dollars pursuant to Article 5 hereof.

  • 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.

  • 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.

  • Pursuant to Case No. 2012/510 filed by Emniyet on 24 September 2012 against the JVCo, Emniyet also claimed from JVCo an interest of YTL250.048,53 due to them not being able to cash in the Guarantee Letters as a result of the Injunction.

  • 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.

  • Pursuant to the terms and conditions of the Master Sale and Leaseback Agreement and the Sale and Purchase Agreement, the Advance shall be settled within seven (7) days from the date on which the conditions contained therein are fulfilled, including but not limited to, the delivery of the duly executed Master Sale and Leaseback Agreement, the Sale and Purchase Agreement and the Guarantee Letters by the Lessee to the Lessor.


More Definitions of Guarantee Letters

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;
Guarantee Letters means letters of guarantee issued by the Lender pursuant to paragraph 3.22;
Guarantee Letters means the guarantee letter(s) dated 26 September 2018 executed by
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;
Guarantee Letters means letters of guarantee issued by the Lender pursuant to paragraph 3.22; “Judgment Currency” has the meaning ascribed in §9.7;
Guarantee Letters means the letters of guarantee issued by Royal pursuant to §3.3;

Related to Guarantee Letters

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • 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 an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guarantee and Security Agreement means that certain Guarantee and Security Agreement dated as of the Effective Date among the Borrower, the Administrative Agent, each Subsidiary of the Borrower from time to time party thereto, each holder (or an authorized agent, representative or trustee therefor) from time to time of any Secured Longer-Term Indebtedness or Secured Shorter-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 D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Collateral Agreement means the Collateral Agreement among the Borrower, each other Loan Party and the Administrative Agent, substantially in the form of Exhibit D.

  • 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 is defined in Section 9.7(a).

  • 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 the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

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

  • Foreign Security Documents means any agreement or instrument entered into by any Foreign Subsidiary Borrower that is reasonably requested by the Collateral Agent providing for a Lien over the assets (including shares of other Subsidiaries) of such Foreign Subsidiary Borrower.

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

  • Guarantee used 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.

  • First Lien Security Documents means, collectively, (i) the Credit Agreement Collateral Documents and (ii) the Additional First-Lien Security Documents.

  • 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 Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.