Indemnity Guaranty definition

Indemnity Guaranty means each Indemnity Guaranty, dated as of the date hereof, made by each Indemnity Guarantor in favor of Agent, as amended from time to time.

Indemnity Guaranty means, collectively, the Xxxxxxxxxx Guaranty and the Xxxxx Guaranty.

Indemnity Guaranty shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Indemnity Guaranty in a sentence

• Notwithstanding anything to the contrary in this Indemnity Guaranty or any of the Loan Documents, Agent shall not be deemed to have waived any right which Agent may have under Section 506(a), 506(b), 1111(b) or any other provisions of the Bankruptcy Code to file a claim against Borrower for the full amount of the Indebtedness or to require that all collateral shall continue to secure all of the Indebtedness in accordance with the Loan Documents.

• This Indemnity Guaranty may be executed in any number of duplicate originals, and each duplicate original shall be deemed to be an original.

• This Indemnity Guaranty shall be automatically discharged as of the date on which the Indebtedness has been indefeasibly paid in full, Lenders shall have no further obligation to fund additional amounts under the Loan Agreement, and each and every obligation to be performed by Borrower pursuant to the Loan Documents shall have been performed to Agent’s satisfaction in its Permitted Discretion.

• Each Indemnity Guarantor acknowledges by executing this Indemnity Guaranty that Agent has notified Indemnity Guarantors that, pursuant to the requirements of the Patriot Act, Agent is required to obtain, verify and record such information as may be necessary to identify Indemnity Guarantors including, without limitation, the name and address of each Indemnity Guarantor in accordance with the Patriot Act.

• The co-ordinator, supervisor and at least one member of the management committee will conduct interviews.2. all applicants will be required to provide the names of at least three referees.

More Definitions of Indemnity Guaranty

Indemnity Guaranty means that certain Indemnity Guaranty Agreement, dated as of the date hereof, from Maryland Owner to Mortgage Lender securing the full and prompt payment and performance of the obligations and liabilities of Maryland Borrower under the Mortgage Note and the other Mortgage Loan Documents, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Indemnity Guaranty means each Indemnity Guaranty, dated as of the date hereof, made by each Indemnity Guarantor in favor ofAgent, as amended from time to time.

Indemnity Guaranty means that certain Indemnity Guaranty of even date herewith executed by RLH in favor of Agent for the benefit of Lenders, together with, upon closing on the Membership Interest Sale, that certain Joinder to Indemnity Guaranty, executed by each Joinder Guarantor, as the same may be modified, amended or restated from time to time.

Indemnity Guaranty means that certain guaranty, as attached hereto as Exhibit U, from Seller’s Principals to guarantee Seller’s indemnification obligations under Section 20.2.3.

Indemnity Guaranty means each Indemnity Guaranty, dated as of the date hereof, made by each Indemnity Guarantor in favor of

Indemnity Guaranty means those certain Indemnity Guaranties of Payment dated as of the Closing Date of the Initial Advance made by the applicable MD Guarantor in favor of Administrative Agent on behalf of the Lenders, as the same may be modified, amended, replaced and/or supplemented and in effect from time to time.

Indemnity Guaranty means that certain Guaranty and Indemnity, dated as of the date hereof, by Guarantor in favor of Lender, as the same may be amended, supplemented, restated or otherwise modified from time to time. Independent shall mean, when used with respect to any Person, a Person who: (i) does not have any direct financial interest or any material indirect financial interest in any Borrower or in any Affiliate of any Borrower, (ii) is not connected with any Borrower or any Affiliate of any Borrower as an officer, employee, promoter, underwriter, trustee, partner, member, manager, creditor, director, supplier, customer or person performing similar functions and (iii) is not a member of the immediate family of a Person defined in (i) or (ii) above. Independent Accountant shall mean a firm of nationally recognized, certified public accountants which is Independent and which is selected by Borrower and reasonably acceptable to Lender. Independent Architect shall mean an architect, engineer or construction consultant selected by Borrower which is Independent, licensed to practice in the State and has at least five (5) years of architectural experience and which is reasonably acceptable to Lender.