Guaranteed Share definition

Guaranteed Share means any share or stock issued by a member of the ▇▇▇▇ Group where redemption of such share or stock or the payment of capital or dividends on such share or stock is the subject of a Guarantee of a member of the ▇▇▇▇ Group or a Guarantee of another person who will have recourse in respect of its liability under that Guarantee directly or indirectly to a member of the ▇▇▇▇ Group or its assets (other than as a shareholder).
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Guaranteed Share means, for a distribution year, the product obtained by multiplying a county's total entitlement for the preceding distribution year by the inflation factor. If the sum of the guaranteed shares for all counties exceeds the year's fund balance, the guaranteed shares of all counties shall be reduced by a percentage that will result in the sum of such guaranteed shares being equal to the year's fund balance.
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Guaranteed Share has the meaning specified in Section 3 of this Agreement.
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Examples of Guaranteed Share in a sentence

  • Guaranteed Share accommodations are only available on Cosmos Europe, Cosmos North America and Cosmos South America (without extensions).

  • Guaranteed Share accommodations will be monitored and available only within state, federal and country regulations and may not be available at time of travel.

  • In the event that the Registration Price Per Share is equal to or greater than the Guaranteed Share Price, AppNet shall not be required to deliver any such additional amounts.

  • Upon the request of the Administrative Agent, the Guarantor shall promptly execute and deliver to the Administrative Agent a new Guaranty (as defined in the Credit Agreement) substantially in the form of this Agreement evidencing such Guarantor’s new Guaranteed Share as a result of such increase.

  • The Guarantor shall promptly provide written notice to the Administrative Agent of any such increase and, upon the request of the Administrative Agent, shall execute and deliver to the Administrative Agent a new Guaranty (as defined in the Credit Agreement) substantially in the form of this Agreement evidencing such Guarantor’s new Guaranteed Share.

  • The records of the Guaranteed Parties with respect to a Calculation Date and the amount of the Guarantor’s Guaranteed Share shall be conclusive and binding on the Guarantor.

  • Any determination by the Administrative Agent of an increase in the Guaranteed Share of the Guarantor pursuant to the immediately preceding sentence shall be conclusive and binding upon the Guarantor.

  • GUARANTEED SHARES Guaranteed Share accommodations will be monitored and available only within state, federal and country regulations and may not be available at time of travel.


More Definitions of Guaranteed Share

Guaranteed Share means, as to the Guarantor, an amount equal to the sum of: (i) 45.3959% of the outstanding principal of the Obligations on the Calculation Date; plus (ii) 45.3959% of all accrued and unpaid interest on the Obligations on the Calculation Date; plus (iii) 45.3959% of all interest accruing on the Obligations from the Calculation Date until the date that all of the Obligations have been paid in full. The term “Calculation Date” means as to any particular Obligation, the earlier of the maturity thereof or the date that particular Obligation is accelerated by any of the Guaranteed Parties or otherwise becomes due and owing. The Guarantor understands that different Obligations may have a different Calculation Date as determined by the Guaranteed Parties, for each Obligation. The records of the Guaranteed Parties with respect to a Calculation Date and the amount of the Guarantor’s Guaranteed Share shall be conclusive and binding on the Guarantor. The Guarantor further understands and agrees that (a) any written or oral demand for payment of the Guaranteed Share in a specific amount will not preclude any Guaranteed Party from thereafter demanding such additional amounts as may become due and owing under this Agreement after the date of such demand, and (b) if any Guaranteed Party obtains partial payment from any source other than the Guarantor (it being understood that the Guaranteed Parties are not required to obtain payment from any other source prior to making demand on the Guarantor), the amount owing by the Guarantor under this Agreement will not be a percentage of the deficiency, but will instead be a greater amount, calculated as set forth in the definition of “Guaranteed Share” herein.
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