Individual Guarantee definition

Individual Guarantee means the Guarantee, dated the date hereof of the Individual Guarantors.
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Individual Guarantee means any guarantee provided to an undertaking and not awarded on the basis of a guarantee scheme.
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Individual Guarantee the individual guarantee, in the form and substances reasonably satisfied by the Purchaser, to be executed by each of the Vendors as the guarantor in favour of the Purchaser or its nominee on the date of the Loan Agreement to guarantee the punctual performance by the Company of its obligations under the Loan Agreement;
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Examples of Individual Guarantee in a sentence

  • The obligations of the Company under the Debentures are guaranteed by (i) AOI and each AOI Subsidiary pursuant to the Australian Guarantee, (ii) EDOC pursuant to the EDOC Guarantee, and (iii) Gary Seaton pursuant to the Individual Guarantee, each dated as of the First Closing Date (as amended, amended and restated, supplemented, or otherwise modified from time to time).

  • As used in any Financing Agreement or the Individual Guarantee Agreement, the term “this Agreement” and references thereto shall mean such Financing Agreement or the Individual Guarantee Agreement as it may from time to time be amended or supplemented.

  • At no time prior to the termination, release and discharge of the Corporate Guarantee, the Individual Guarantee and the Undertaking was Synovics in default of the Credit Agreement, nor had an uncured event of default occurred, nor had the Bank of India ever declared Synovics in default.

  • Defendants Nostrum and Mulye do not deny that the Individual Guarantee, the Corporate Guarantee and the Undertaking have been discharged by the Bank of India within the nine month escrow period.

  • The performance and payment of all obligations of the Issuers hereunder and under the Notes and the other Financing Agreements shall be guaranteed by the Guarantors pursuant to the Guarantee Agreement (and by the Individual Guarantor pursuant to the Individual Guarantee Agreement until such time, if any, as the Individual Guarantee Agreement is released) and the obligations of the Obligors under and pursuant to the Financing Agreements shall be secured by the Collateral Documents.

  • The representations and warranties of the Obligors in each Financing Agreement shall be correct when made and at the time of the Closing and the representations and warranties of the Individual Guarantor pursuant to the Individual Guarantee Agreement shall be correct when made and at the time of Closing.

  • The obligations of the Issuers under this Section 15 will survive the payment or transfer of any Note, the enforcement, amendment or waiver of any provision of any Financing Agreement and the Individual Guarantee Agreement or the Notes, and the termination of any Financing Agreement and the Individual Guarantee Agreement.

  • Contemporaneously with the Closing the Individual Guarantor shall have executed and delivered the Individual Guarantee Agreement.

  • Subject to the preceding sentence, the Financing Agreements and the Individual Guarantee Agreement embody the entire agreement and understanding between the Purchaser and the Obligors and the Individual Guarantor and supersede all prior agreements and understandings relating to the subject matter hereof.

  • No right, power or remedy conferred by this Agreement or by any Note or in any other Financing Agreement or in the Individual Guarantee Agreement upon any holder thereof shall be exclusive of any other right, power or remedy referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.


More Definitions of Individual Guarantee

Individual Guarantee the personal guarantee to be entered into between the Individual Guarantor and the Purchaser in the form agreed between the parties thereto as at the date of this Agreement;
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Individual Guarantee the individual guarantee, in the form and substances reasonably satisfied by the Purchaser, to be executed by Xx. Xxx Lok Hang as the guarantor in favour of the Purchaser or its nominee on the date of the Loan Agreement to guarantee the punctual performance by the Company of its obligations under the Loan Agreement;
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Individual Guarantee means the guarantee executed or to be executed by the Individual Guarantors in form and substance satisfactory to the Lender;
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Related to Individual Guarantee

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • 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.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of a Downstream Affiliate of that Reference Entity.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”

  • 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:

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • 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.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.