Guaranty Beneficiaries definition

Guaranty Beneficiaries means the Designated Agent, the Lenders and any other holders of Guaranteed Obligations.
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Guaranty Beneficiaries means (a) each Holder of a Secured Note and (b) the Trustee.
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Guaranty Beneficiaries means the Designated Agent, the Lenders and any other holders of Guaranteed Obligations. “Guaranty Release Date” means the date on which the Guarantor is released and discharged from its obligations under thisAgreement and the Guaranty as set forth in Section 9.08.
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Examples of Guaranty Beneficiaries in a sentence

  • If any amount shall nevertheless be paid to any Guarantor by any such Person in violation of this Guaranty, such amount shall be held by such Guarantor in trust for the benefit of Guaranty Beneficiaries and shall forthwith be paid to the Guaranty Beneficiary to whom such amount is due.

  • In isolated and static displays of photographic facial expressions, recognition needs to rely on the noticeable facial features, as this is the only available information.


More Definitions of Guaranty Beneficiaries

Guaranty Beneficiaries means, collectively, the Administrative Agent, the Lenders, the L/C Issuer, the Hedge Banks, the Cash Management Banks, each sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be Guaranteed under the terms of the Guaranty.
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Guaranty Beneficiaries has the meaning specified in Section 3.1 hereof.
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Guaranty Beneficiaries are defined in the initial paragraph of the Guaranty.
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Related to Guaranty Beneficiaries

  • Third Party Beneficiaries has the meaning ascribed thereto in Section 8.8(1).

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • land reform beneficiary , in relation to a property, means a person who -

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Disability Benefit means the benefit set forth in Article 8.

  • Eligible beneficiary means a resident of this state who:

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Social Security Benefit means the Primary Insurance Amount to which a Participant becomes entitled at age sixty-five (65) under Social Security legislation in effect on the earliest of his Normal Retirement Date, early retirement date or Termination Date.

  • Claim for Benefits means a request for a Plan benefit or benefits made by a Member in accordance with the Plan’s Appeals Procedures, including any Pre-Service Claims (requests for Prior Authorization) and Post-Service Claims (requests for benefit payment).

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.