Guarantee Payment definition

Guarantee Payment means any payment made by a Guarantor pursuant to a Guarantee Agreement in respect of a Trust Student Loan.
Guarantee Payment means any payment made by the Guarantee Agency pursuant to the Guarantee Agreement in respect of a Financed Student Loan.
Guarantee Payment means, the amount, if any, by which (A) the Class B-2 Formula Distribution Amount for such Remittance Date exceeds (B) the Remaining Amount Available.

Examples of Guarantee Payment in a sentence

  • The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Trust to pay such amounts to the Holders.

  • The Guarantor’s obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer Trust to pay such amounts to the Holders.

  • In connection therewith, the Servicer is hereby authorized and empowered to convey to any Guarantor the note and the related Trust Student Loan File representing any Trust Student Loan in connection with submitting a claim to such Guarantor for a Guarantee Payment in accordance with the terms of the applicable Guarantee Agreement.


More Definitions of Guarantee Payment

Guarantee Payment shall have the meaning assigned to such term in Section 7.12(b).
Guarantee Payment means any payment made by a Guaranty Agency pursuant to a Guarantee Agreement in respect of a Financed Student Loan.
Guarantee Payment means any payment made by the FDIC under the Program with respect to Senior Unsecured Debt of the Issuer.
Guarantee Payment. As to any Remittance Date, the amount, if any, by which (a) the Class B-2 Formula Distribution Amount for such Remittance Date exceeds (b) the Remaining Amount Available.
Guarantee Payment means, for any Measurement Period, either: (i) a cash payment by ENGIE Services U.S. to District in an amount equal to the Guarantee Shortfall for that Measurement Period pursuant to this Attachment E, Section (II)(A)(ii); or (ii) additional energy services or energy saving retrofits requested by District with an agreed value equal to the Guarantee Shortfall for that Measurement Period pursuant to this Attachment E, Section (II)(A)(iii).
Guarantee Payment with respect to a Fund shall mean an amount equal to (i) the aggregate of the Designated Shareholder Amounts for such Fund minus (ii) (A) the amount of cash and other assets distributed by the Fund, if any, including amounts distributed as income or gains, to the Designated Shareholders with respect to Designated Shares since the date of the Guarantee Event and (B) the amount of cash and other assets held by the Fund on the Payment Date (other than cash or other assets held in reserve to meet the Fund’s disclosed liabilities as set forth on the Certificate of Liquidation and Disbursement required by Section 7) that is designated by the Fund or its agent for distribution to the Designated Shareholders upon the liquidation of the Fund. For the purposes of clarity, the amount in clause (ii) shall be determined without giving effect to the Guarantee Payment. The Guarantee Payment shall in no event exceed the amount available for payment within the ESF on the Payment Date, as determined by the Treasury in its sole and absolute discretion, which amount may be further adjusted as set forth in Section 2(f).
Guarantee Payment. As to any Remittance Date and the Group I Certificates, the amount, if any, by which (a) the Class I B-2 Formula Distribution Amount for such Remittance Date exceeds (b) the Group I Remaining Amount Available. As to any Remittance Date and the Group II Certificates, the amount, if any, by which (a) the Class II B-3 Formula Distribution Amount for such Remittance Date exceeds (b) the Group II Remaining Amount Available.