Guaranteeing Group definition

Guaranteeing Group has the meaning set forth in Section 4.02(c).
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Guaranteeing Group means, at any time, the Obligors at that time; "Guaranteeing Subsidiary" means, as at the Effective Date, each of:
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Guaranteeing Group means, at any time, the Obligors at that time;
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Examples of Guaranteeing Group in a sentence

  • These covenants cover Guaranteeing Group coverage, Gearing, Interest Cover, Joint Ventures and EBITDA to Senior Debt and are reported to lenders every six months.

  • In the absence of an unanticipated deterioration in the Group’s operating performance, the Directors consider there is reasonable headroom between the forecast financial performance of the Guaranteeing Group and that required to meet banking covenants.

  • The income arising from the investments made by the Trustee as aforesaid shall, unless and until the Stock Moneys have become immediately due and payable, belong to the Guaranteeing Group.

  • The new budget performance covenants require the Guaranteeing Group (defined as the Appliances business plus any interest or dividends paid to the Appliances business by the Finance business) to achieve a normalised EBITDA of $20 million for the 3 months ending 31 December 2009 and $50 million for the six months ending 31 March 2010 (refer Note 13).

  • This clause shall not however prejudice or affect the Trustee’s rights under or pursuant to this Deed against the Guaranteeing Group in relation to such breach.

  • This Memorandum of Understanding (MOU) sets forth the terms of agreement reached between the County of Riverside, (hereinafter referred to as County) and the Riverside Sheriffs’ Association, Inc.

  • Stock may from time to time be issued as Accommodation Stock as cover for and in order to render applicable the provisions of this Deed to any indebtedness, liabilities or obligations of any Guaranteeing Group Member to any Person, whether generally or in respect of any particular or particular class of arrangement or financial accommodation.

  • Notwithstanding that the amount owing to the Holder thereof may at any time be less than the nominal amount of the Accommodation Stock so held, suc h Holder shall not on that account be liable to make any payment to the Guaranteeing Group or to the Trustee in respect of the Accommodation Stock so held or be obliged to make any further advance or afford any further accommodation to the Guaranteeing Group except as may expressly be agreed between the Guaranteeing Group and such Holder.

  • Neither the Trustee nor any Guaranteeing Group Member shall be required to give any notice to the Couponholders for any purpose under this Deed and the Couponholders shall be deemed for all purposes to have notice of the contents of any notice given to Holders as provided in Clause 29.

  • The Guaranteeing Group shall not be bound to enter in the Register notice of any trust or, save as provided in the relevant Certificate or except as ordered by a Court of competent jurisdiction, to recognise any trust or equity affecting the ownership of any Stock or the money thereby represented.


More Definitions of Guaranteeing Group

Guaranteeing Group means, where there is more than one Guarantor, the Guarantors (and, where the context permits, any individual Guarantor). Guaranteeing Group EBITDA means, for any period, the aggregate amount of EBITDA for all Guarantors, determined on a consolidated basis as among (and so adjusted for transactions among) Guarantors. Guaranteeing Group Total Tangible Assets means, as at any date, the aggregate amount of Total Tangible Assets for all Guarantors, determined on a consolidated basis as among (and so adjusted for transactions among) Guarantors. This amount will be adjusted as follows:
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Guaranteeing Group means, at any date, the Issuer and those Guaranteeing Subsidiaries which guarantee the due compliance, observance and performance by the Issuer of the Issuer's obligations in respect of all the Bonds at that date.
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Guaranteeing Group means, at any time, the Parent and each of the Guarantors (other than the Parent) at that time.
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Guaranteeing Group means the Society and (if there are any) the Guaranteeing Subsidiaries or when the context so admits or requires any one or more of them.
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Guaranteeing Group means the Company and each other Guaranteeing Group Member.
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Related to Guaranteeing Group

  • Guaranteeing shall have meanings that correspond to the foregoing).

  • Guarantor means: .............................................................................................................................................

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • New Guarantor means each Person who becomes a Guarantor in relation to the Securities by executing a New Guarantor Supplemental Indenture, in each case unless and until such Guarantor has been released from its Guarantee pursuant to Section 1302.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Note Guarantor means any Person that has issued a Note Guarantee.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

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

  • 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.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States or the District of Columbia.

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

  • Guarantee used as a verb has a corresponding meaning.

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

  • U.S. Subsidiary Guarantors means (a) each Domestic Subsidiary (other than an Unrestricted Subsidiary) on the Closing Date and (b) each Domestic Subsidiary that becomes a party to the Guarantee after the Closing Date pursuant to Section 9.11.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Guarantees As defined in the preamble hereto.

  • 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.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.