Guaranty Payments definition

Guaranty Payments means the amounts paid by Guarantor to the Buyer pursuant to the Guaranty or the Repurchase Guaranty, as applicable.

Guaranty Payments mean all payments made by the Sponsor pursuant to Section 8.2 of this Agreement with respect to Loans in the Limited Guaranty Pool, and shall exclude all payments made by the Sponsor hereunder with respect to Loans in the Fully Guaranteed Pool.

Guaranty Payments shall have the meaning provided in Section 9.10(b).

Examples of Guaranty Payments in a sentence

• Accordingly, if any payment is made by any Guarantor under this Guaranty (a “Funding Guarantor”) that exceeds its Fair Share, the Funding Guarantor shall be entitled to a contribution from each other Guarantor in the amount of such other Guarantor’s Fair Share Shortfall, so that all such contributions shall cause each Guarantor’s Aggregate Guaranty Payments to equal its Fair Share.

• Accordingly, if any payment is made by any Guarantor under this Guaranty (a "Funding Guarantor") that exceeds its Fair Share, the Funding Guarantor shall be entitled to a contribution from each other Guarantor in the amount of such other Guarantor's Fair Share Shortfall, so that all such contributions shall cause each Guarantor's Aggregate Guaranty Payments to equal its Fair Share.

• The Company acknowledges that its obligation to make the Class HI: B-2 Guaranty Payments described in subsection (1) above shall be deemed a guaranty by the Company of indebtedness of the Trust for money borrowed from the Class HI: B-2 Certificateholders.

• The obligation of the Company to make the Class HI: B-2 Guaranty Payments described in subsection (1) above shall be unconditional and irrevocable.

• Any amounts paid by the Sponsor to repurchase such Loans from the Limited Guaranty Pool shall be deemed Guaranty Payments and shall be subject to the limitations set forth in Section 8.1.

More Definitions of Guaranty Payments

Guaranty Payments means the amounts paid by Guarantor to the Servicer, for the benefit of the Buyer, pursuant to the Guaranty.

Guaranty Payments means the following payments or distributions, without duplication, with respect to the Preferred Securities, to the extent not paid or made by the Issuer: (i) any accumulated and unpaid Distributions (as defined in the Trust Agreement) that are required to be paid on such Preferred Securities to the extent the Issuer has funds on hand legally available therefor at such time, (ii) the redemption price, including all accumulated and unpaid Distributions to the date of redemption (the “Redemption Price”) to the extent the Issuer has funds on hand legally available therefor at such time, with respect to any Preferred Securities called for redemption by the Issuer, and (iii) upon a voluntary or involuntary termination and liquidation of the Issuer (other than in connection with the distribution of Debentures to the Holders in exchange for Preferred Securities as provided in the Trust Agreement), the lesser of (a) the aggregate of the liquidation amount and all accumulated and unpaid Distributions on the Preferred Securities to the date of payment, to the extent the Issuer has funds on hand legally available therefor, and (b) the amount of assets of the Issuer remaining available for distribution to Holders in liquidation of the Issuer.

Guaranty Payments shall be construed accordingly).

Guaranty Payments means (i) the amounts paid by

Guaranty Payments means the Guaranty Payments as defined in the Guaranty Agreement.]

Guaranty Payments. Indemnitee" and "Indemnitor" shall have the ----------------- ---------- ---------- respective meanings assigned to such terms in Section 2.01. ------------

Guaranty Payments means the following payments or distributions, without duplication, with respect to the Preferred Securities, to the extent not paid or made by United Capital: (i) any accrued and unpaid Distributions (as defined in the Trust Agreement) that are required to be paid on such Preferred Securities to the extent United Capital shall have funds available therefor, (ii) the redemption price, including all accrued and unpaid Distributions to the date of redemption (the "Redemption Price") to the extent United Capital has funds available therefor, with respect to any Preferred Securities called for redemption by United Capital, and (iii) upon a voluntary or involuntary dissolution, winding-up or termination of United Capital (other than in connection with the distribution of Junior Subordinated Debentures to the Holders in exchange for Preferred Securities as provided in the Trust Agreement), the lesser of (a) the aggregate of the liquidation amount and all accrued and unpaid Distributions on the Preferred Securities to the date of payment, to the extent United Capital shall have funds available therefor, and (b) the amount of assets of United Capital remaining available for distribution to Holders in liquidation of United Capital (in either case, the "Liquidation Distribution").