Guaranty Release Period definition

Guaranty Release Period means any period commencing on the date on which a Guaranty Release Date occurs and ending on the date on which a Guaranty Trigger Event occurs.
Sample 1Sample 2Sample 3
Guaranty Release Period means any period on or after the Collateral Release Date during which there is no Guaranty from any Subsidiary in effect with respect to any Subordinated Notes or Permitted Junior Indebtedness or any other Indebtedness of the Borrower. Each Guaranty Release Period shall terminate as of any date after the commencement of such Guaranty Release Period on which there is a Guaranty from any Subsidiary of the Borrower in effect with respect to any Subordinated Notes or Permitted Junior Indebtedness or any other Indebtedness of the Borrower.
Sample 1Sample 2
Guaranty Release Period means, each period commencing with the occurrence of a Guaranty Release Event and continuing until the
Sample 1

Examples of Guaranty Release Period in a sentence

  • Notwithstanding anything herein to the contrary, the Administrative Agent agrees to release this Guaranty and all obligations of the Guarantors hereunder during a Guaranty Release Period on the terms set forth in the Credit Agreement.

  • Notwithstanding anything herein to the contrary, the Administrative Agent agrees to release this Guaranty and all obligations of the Guarantors hereunder during a Guaranty Release Period on the terms set forth in the Credit Agreement or at such other times pursuant to such other conditions as set forth in the Credit Agreement.


More Definitions of Guaranty Release Period

Guaranty Release Period means, each period commencing with the occurrence of a Guaranty Release Event and continuing until the occurrence of the next Guaranty Reinstatement Event, if any, immediately following such Guaranty Release Event.
Sample 1

Related to Guaranty Release Period

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Release Price As defined in Section 4.5(a).

  • Forbearance Period means the period between the Effective Date and the Termination Date, inclusive.

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.

  • Escrow Release Date has the meaning set forth in Section 9.6.

  • Subordination Period means the period commencing on the Closing Date and ending on the first to occur of the following dates:

  • Escrow Release Conditions has the meaning assigned to such term in the Escrow Agreement.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Released Property shall have the meaning set forth in Section 2.10 hereof.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.