Guaranty Release definition

Guaranty Release shall have the meaning set forth in Section 2.10(b).
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Guaranty Release has the meaning assigned to such term in Section 2.11(b).
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Guaranty Release has the meaning set forth in Section 9.02(c).
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Examples of Guaranty Release in a sentence

  • In exchange for the ITLA Non-Debtor Guaranty Release Funding, Holders of ITLA Unsecured Guaranty Claims shall be permanently enjoined and barred from enforcing, in any respect, any ITLA Unsecured Guaranty Claim against China Guitar, EQ, Gibson Japan, the Debtors, the Reorganized Debtors, or any of their respective Affiliates (the “ITLA Injunction”).

  • The proposed amount of ITLA Non-Debtor Guaranty Release Funding shall be disclosed in the Plan Supplement.

  • China Guitar, (ii) EQ and (iii) Gibson Japan (such instrument, the “ ITLA Non-Debtor Guaranty Release Funding”).

  • Upon the occurrence of the Subsidiary Guaranty Release Date, this Guaranty shall terminate and be of no further force and effect and, prior to the Subsidiary Guaranty Release Date, upon the sale of a Guarantor to the extent permitted in accordance with the terms of the Loan Documents, such Guarantor shall be automatically released from this Guaranty.

  • The Lenders and the L/C Issuer irrevocably authorize the Administrative Agent to release any Guarantor from its obligations under the Guaranty if (a) the Guaranty Release Date occurs or (b) such Person ceases to be a Material Domestic Subsidiary as a result of a transaction permitted under the Loan Documents.

  • For the avoidance of doubt, neither the Designated Agent nor any Guaranty Beneficiary shall be entitled to enforce the Guaranty after the Guaranty Release Date.

  • An ant continues con- structing a tour until the moment that visiting a new customer would always violate a capacity constraint, or in our case a time window constraint.

  • In the event that the Disbursement Agent or the Construction Consultant discovers any mathematical or other minor errors in the Company's Completion Guaranty Release Certificate, it shall so inform the Company, stating in reasonable detail the revisions required, and shall request the Company to revise and resubmit the certificate.

  • This point was illustrated as follows:General Run-off Election Election Voter turnout 60% 15%Total Voters 2,400,000 600,000Winner 1,152,000 (48%) 312,000 (52%)Total Population 4,000,000 4,000,000 Enactment of Budget Act Some stakeholders recommended that the Constitution should provide for the enactment of a Budget Act, which would formalise the budget process and take into account the demands of the Medium-Term Expenditure Framework.

  • Adding the following sentence at the end of Section 6.01 of the Credit Agreement: The parties hereto acknowledge that if the US Subsidiary Guaranty Release Requirement has been satisfied, the reference to “that is not a Subsidiary Guarantor” set forth above in this Section 6.01 shall be disregarded and such determination of Debt permitted by this Section 6.01 shall be made based on such Debt of all Material Subsidiaries, except to the extent that any such Material Subsidiary is a Subsidiary Guarantor.


More Definitions of Guaranty Release

Guaranty Release means the release by Xxxxxx of the Xxx ---------------- Guaranty, the Stock Pledge Agreement and the Note Pledge Agreement to be executed and delivered at the Closing substantially in the form of Exhibit C attached hereto. ---------
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Guaranty Release is defined in Section 2.3.
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Guaranty Release has the meaning given to it in Section 4.6(a).
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Guaranty Release is defined in Recital E.
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Related to Guaranty Release

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F unconditionally guarantying, on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • 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.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Debtor Release means the release given on behalf of the Debtors and their Estates to the Released Parties as set forth in Article VIII.D of the Plan.

  • Guaranty Supplement has the meaning specified in Section 8.05.

  • Release means any release, spill, emission, discharge, deposit, disposal, leaking, pumping, pouring, dumping, emptying, injection or leaching into the Environment, or into, from or through any building, structure or facility.

  • Releasing Party has the meaning set forth in Section 7.9.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.