Examples of Interest Guaranty in a sentence
The subordination provisions of the documents and instruments evidencing the Senior Subordinated Notes, the Deferred Limited Interest Guaranty, the MCIT Turnover Agreement, the Holdings Turnover Agreement, the Jordan Management Agreement, any Permitted Subordinated Indebtedness, Holdings Subordinated Debt or any other Permitted Holdings Indebtedness shall, at any time, be invalidated or otherwise cease to be in full force and effect.
Furthermore, none of the foregoing provisions shall in any way limit the liability of the Guarantors under the Amended and Restated Interest Guaranty or which any person has assumed by a separate instrument in the nature of a guarantee of any obligation undertaken in connection with the Loan.
The Guarantor shall have the right to cure any default under any of the Borrower Documents, the Loan Documents or the Senior Loan Documents, but shall have no obligation to do so except as provided in the Interest Guaranty for the benefit of the Lenders only.
Obligations - except as specified herein, as defined in the Amended ----------- and Restated Interest Guaranty.
For so long as the Interest Guaranty has not terminated in accordance with SECTION 12.1, Guarantor shall at all times have in its possession or on deposit in accounts which may be readily and unconditionally drawn upon by Guarantor and which accounts are not pledged or encumbered Cash and Cash Equivalents of not less than ten million dollars ($10,000,000).