Guaranty Claims definition

Guaranty Claims means a claim made by or on behalf of the Owner for payment by XXXX following a Guaranty Event.

Guaranty Claims means all Claims arising from or related to the Guaranty.

Guaranty Claims means a Claim against a Debtor based upon a Guaranty.

Examples of Guaranty Claims in a sentence

• Upon the occurrence of an event of default by XXXX, and while such default is continuing, the Owner shall cease disbursing any funds at the request of XXXX except to pay Guaranty Claims.

• Accordingly, on the Effective Date, all Bridge Loan Guaranty Claims against Guarantor Non-Debtors that become Debtors shall be extinguished and the Holders of such Claims shall not receive or retain any property under the relevant Prepackaged Plan on account of such Bridge Loan Guaranty Claims.

• Except for Loan Guaranty Claims, Intercompany Claims and Securities Litigation Claims, each Holder of an Allowed Claim against or Interest in a Guarantor Non-Debtor that becomes a Debtor shall have its Claim or Interest Reinstated.

• Nothing in the preceding sentence shall affect distributions under this Plan to the Senior Loan Agent, the Bridge Loan Agent, the Senior Notes Indenture Trustees or the Holders of Allowed Loan Claims, Loan Guaranty Claims or Senior Noteholder Claims.

• In addition, except for Loan Guaranty Claims, Intercompany Claims and Securities Litigation Claims, Allowed Claims against and Interests in any Guarantor Non-Debtor that becomes a Debtor are Unimpaired, and the Holders of such Claims and Interests are conclusively deemed to have accepted the Prepackaged Plan pursuant to section 1126(f) of the Bankruptcy Code.

More Definitions of Guaranty Claims

Guaranty Claims means any claims of any nature whatsoever alleged, asserted, or held by Commerce Bank arising out of the Guaranty.

Guaranty Claims means a claim made by or on behalf of the Owner for payment by XXXX following a Guaranty Event. (h) "Guaranty Fees" shall mean, collectively, all of the fees payable to XXXX for the guarantee of a Loan as described in each of the Guaranty Agreements. (i) "Indenture" means the Indenture dated as of October 1, 2004, by and between the Owner and the Trustee, as may be amended or supplemented from time to time. (j) "Intangibles" shall have the meaning set forth in Section 5(a)(ii). (k) "Recoveries" shall mean and include: (i) any and all cash, checks, drafts, orders and all other instruments for the payment of money received by XXXX from or on behalf of Borrowers in payment of principal of, interest on, late fees with respect to, and costs of collecting defaulted Loans with respect to which XXXX has paid, in full, Guaranty Claims, from funds in the Pledged Account, and the proceeds of all of the foregoing, (ii) any amount received by XXXX upon the sale or other transfer of defaulted Loans with respect to which XXXX has paid, in full, Guaranty Claims (including the sale of such Loans to the Owner as provided in each of the Guaranty Agreements or the sale of the right to collect such Loans or other similar rights with respect thereto), and (iii) in connection with any pledge or assignment of defaulted Loans (or rights with respect thereto) to secure a loan to XXXX, the amount of such loan. In all cases, "Recoveries" shall be computed net of TERI's Costs of Collection. TERI's "Costs of Collection" for purposes of this Agreement shall mean all fees and expenses paid to third party collectors and attorneys, and, to cover TERI's internal costs, an amount equal to two and one-half percent (2.5%) of the amount recovered (excluding amounts recovered upon the sale of loans to the Owner as provided in each of the Guaranty Agreements). (l) "Secured Obligations" shall have the meaning set forth in Section 6. (m) "XXXX Guarantee Fee Entitlement" means a portion of Guaranty Fees equal to 1.75% of the principal amount of a Loan, payable in accordance with each of the Guaranty Agreements.

Guaranty Claims has the meaning set forth in Section 15.10.

Guaranty Claims means the Claims of Holders of Pro Rata Notes against Custom Golf arising pursuant to the Custom Golf Guaranty.

Guaranty Claims means Allowed Claims which are Unsecured Claims and which arise from a guarantee executed by Debtor in favor of a lender which loaned monies to a third-party, which may or may not be one of the McGlamry Affiliates. To Debtor’s knowledge, on Petition Date, there were 14 such Guaranty Claims, to wit, Addison Harris, III, AgGeorgia Farm Credit, Bank of Perry, BB&T, CertusBank (as successor in interest to Atlantic Southern Bank), Colony, Key Bank, Planters First, State Bank, SunMark, Synovus, VCNA, and Wells Fargo. The term Guaranty Claim shall mean any one of the Guaranty Claims.

Guaranty Claims means all contingent Claims arising under or relating to any guarantees under which the Debtor is a guarantor, excluding the CCI Guaranty Claim which is to be released and discharged in the WCC Restructuring.

Guaranty Claims means any and all claims, suits, causes of action and any other rights held by the Assigning Noteholders against CompleTel LLC, a Delaware limited liability company, pursuant to the Amended and Restated CompleTel LLC Guaranty Agreement entered into as of July 14, 1999 by the LLC in favor of each holder from time to time of the HY1 Notes.