Individual Guaranty definition

Individual Guaranty is a collective term which means any guaranty (other than a Validity/Support Guaranty) of the payment of all or a portion of the Obligations now or hereafter executed by any Individual Guarantor and all amendments, modifications or supplements of any such guaranty made from time to time hereafter, it being understood that on the date hereof, there is no Individual Guaranty.

Individual Guaranty means each guaranty, substantially in the form of Exhibit D, made by an Individual Guarantor in favor of the Collateral Agent for the benefit of the Agents and the Lenders.

Individual Guaranty means the Unconditional Continuing Guaranty executed by Individual Guarantor unconditionally guaranteeing Borrower's Obligations under this Agreement.

Examples of Individual Guaranty in a sentence

• This Individual Guaranty will be effective upon the occurrence of the IPO with no further action required by any party.

• Master Lease dated DECEMBER, 1997 --------------- Guarantor: Xxxxxxx Xxxxxxxx Reference is made to the Individual Guaranty identified above ("Guaranty") made by the Guarantor identified above ("Guarantor") in favor of Banc One Leasing Corporation ("Lessor").

• Xxxxxx SEPTEMBER 11, 2001 ------------------ Notary Public ADDENDUM I TO GUARANTY Dated 12/22/97 ------------------- Individual Guaranty dated as of DECEMBER 22 , 1997 --------------- -- Lessee: Mannatech, Inc.

• Xxxxxx SEPTEMBER 11, 2001 ---------------------- Notary Public ADDENDUM I TO GUARANTY Dated 12/23/97 ------------------------- Individual Guaranty dated as of DECEMBER 23, 1997 --------------- -- Lessee: Mannatech, Inc.

• This is essentially what GM had done with some of the auto- mobiles involved in the Court of Appeals’ GM decision discussed above.

More Definitions of Individual Guaranty

Individual Guaranty means the limited recourse guaranty of payment and performance to be executed and delivered as of the Closing Date by the Individual Guarantors for the benefit of Lender, as the same may be amended, modified and supplemented from time to time. The Individual Guaranty shall be in the form attached to this Agreement as Exhibit Q. To the extent required by applicable law, the spouses of such individuals shall also join in the execution and delivery of the Individual Guaranty in order to encumber the Pledged Stock.

Individual Guaranty shall have the meaning set forth in Section 4.1(d).

Individual Guaranty as defined in subsection 2.12(a) hereof.

Individual Guaranty means a guaranty agreement dated as of the Closing Date, executed by the Individual Guarantor for the benefit of the Sellers, relating to the indebtedness evidenced by the Purchase Note. The Individual Guaranty shall be a guaranty of payment (and not of collection) and shall contain terms and provisions that are customary under the circumstances and shall be reasonably acceptable in form and substance to Sellers.

Individual Guaranty means the Individual Guaranty in the form attached as Exhibit D to be executed and delivered by the Individual Guarantor on the Closing Date, as the same may hereafter be amended, restated, supplemented or otherwise modified from time to time.

Individual Guaranty means, collectively, (i) that certain Guaranty dated on or about the date hereof from certain Individual Guarantors in favor of the Collateral Agent, for the benefit of the Secured Parties; and (ii) that certain Validity Guaranty dated on or about the date hereof from certain Individual Guarantors in favor of the Collateral Agent, for the benefit of the Secured Parties, in each case, as the same may be amended or modified from time to time.

Individual Guaranty means each guaranty, substantially in the form of Exhibit B, made by an Individual Guarantor in favor of Lexington.