Examples of Guaranty Release Conditions in a sentence
The undersigned desire to amend the Disbursement Agreement to, among other things, waive the Company’s obligation to achieve the Phase II Final Completion Date, remove the Completion Guaranty Release Conditions, and to reflect the issuance of the Additional First Lien Mortgage Notes.
Braaksma et al., 2001).We assume that initially weaker writers could have learned more from hypertext writing or observational learning if we had been able to give them more support during the lessons.
Within five (5) Banking Days after receipt by the Disbursement Agent of the Construction Consultant's Completion Guaranty Release Certificate approving the Company's Completion Guaranty Release Certificate, the Disbursement Agent shall, subject to its determination that each of the Completion Guaranty Release Conditions has been satisfied, countersign the Company's Completion Guaranty Release Certificate and forward the same to the Bank Agent, the Indenture Trustee and the FF&E Agent.
The Pledgor agrees that (i) Agent shall have the sole and exclusive right of withdrawal of the Collateral, (ii) until the release of the Guaranty and the satisfaction of Guaranty Release Conditions (as defined in the Guaranty), the Pledgor shall have no right of withdrawal of the Collateral, and (iii) Agent may make appropriate notations in its books and records (electronic or otherwise) to effectuate the foregoing.
Concurrent with Tenant’s or Guarantor’s delivery of the Release Notice, Tenant or Guarantor shall deliver to Landlord for its review Tenant’s financial statements prepared in accordance with generally accepted accounting principles and audited by a public accounting firm reasonably acceptable to Landlord, and any other financial information reasonably requested by Landlord evidencing Tenant’s full satisfaction of the Guaranty Release Conditions (“Tenant’s Financial Information”).
Guarantor may request that the Administrative Agent release Guarantor from its obligations under this Guaranty in accordance with the provisions of this Section and, upon the passage of the time periods set forth in and the fulfillment of the Guaranty Release Conditions, the Administrative Agent shall promptly release this Guaranty by a writing issued to the Guarantor, PROVIDED that no release of this Guaranty shall be effective until the issuance of such a writing by the Administrative Agent.
The Guaranty Release Conditions, as so modified, are hereby incorporated into the Anchor Guaranty.
The Disbursement Agent may rely on the certifications of the Company and the Construction Consultant set forth in their respective Completion Guaranty Release Certificates in determining whether the Completion Guaranty Release Conditions have been satisfied.
The Guarantor hereby consents to the execution, delivery and performance by Borrower, the Administrative Agent and the Lenders of the proposed Amendment No. 1 to the Pala Loan Agreement, pursuant to which the Guaranty Release Conditions shall be amended as set forth therein.
Upon satisfaction of the Guaranty Release Conditions, the Company may notify the Administrative Agent of such satisfaction and may request that this Guaranty be released and terminated, whereupon the Administrative Agent shall release and discharge all Guarantors from this Guaranty and this Guaranty shall be terminated and be of no further force or effect with respect to all Guarantors without further action or instruction.