Interest Guaranty definition

Interest Guaranty means the ----------------- joint and several guaranty and indemnity in the form of Exhibit F hereto made by Guarantors in favor of Lender, guaranteeing the payment of interest on the Note and indemnifying Lender against certain liabilities.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Interest Guaranty is amended by adding at the end thereof, immediately preceding the period, the following language: ", as reaffirmed by that certain Loan Modification and Extension Agreement dated as of September __, 1994, as amended by that certain First Amendment to Interest Guaranty and Indemnity dated as of September __, 1994, and as such Interest Guaranty may from time to time be further reaffirmed, amended, modified, supplemented, restated or extended".

Interest Guaranty. As used herein, "Interest Guaranty" shall mean the ----------------- joint and several guaranty and indemnity of even date herewith made by Guarantors in favor of Lender in a form mutually agreed to by Borrower and Lender guaranteeing the payment of interest on the Note and indemnifying Lender against certain liabilities.

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.

• 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).

• Obligations - except as specified herein, as defined in the Amended ----------- and Restated Interest Guaranty.

• Guarantors hereby absolutely, unconditionally and fully reaffirm all of their guarantees, obligations and agreements under the Environmental Guaranty and the Interest Guaranty according to the terms thereof.

• Subject to the terms and conditions set forth in this Agreement, the Assignor hereby sells, assigns, conveys, and transfers to the Assignee the Note, Security Agreement, Security Interest, Guaranty and all the Assignor’s rights related to the Note, Security Agreement, Security Interest, and Guaranty under the APSA (the “Assignment”) for US$1,250,000.00 (the “Purchase Price”).

More Definitions of Interest Guaranty

Interest Guaranty. See Recitals.

Interest Guaranty means the Interest Guaranty, dated as of the Third Amendment Effective Date, from Indemnitor for the benefit of ▇▇▇▇▇▇, as amended from time to time.

Interest Guaranty means the guaranty provided by Alpine, such guaranty to be in the form attached hereto as Exhibit B.

Interest Guaranty means that certain Interest Guaranty, dated as of the Omnibus Amendment Date, made by

Interest Guaranty shall be deemed to mean the Interest Guaranty and Indemnity from Guarantors to Beneficiary, dated February 22, 1991, as amended by that certain First Amendment to Interest Guaranty and Indemnity dated as of September __, 1994, by and between Beneficiary and Guarantors, as reaffirmed by the Modification Agreement, as such Interest Guaranty may from time to time be further reaffirmed, amended, modified, supplemental, restated or extended.

Interest Guaranty means that certain Interest Guaranty, dated as of the Omnibus Amendment Date, made by Guarantor to Administrative Agent, as amended, supplemented or otherwise modified from time to time. “InterpolatedInterest Rate” means, at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the LIBO Screen Rate) determined by Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a) the LIBO Screen Rate for the longest period (for which the LIBO Screen Rate is available) that is shorter than the Impacted Interest Period and (b) the LIBO Screen Rate for the shortest period (for which the LIBO Screen Rate is available) that exceeds the Impacted Interest Period, in each case, at such time (a) prior to the occurrence of a Benchmark Replacement Date, Adjusted Term SOFR plus the Applicable Margin, or (b), subject to Section 2.7(b), upon the occurrence of a Benchmark Replacement Date, the Benchmark Replacement plus the Applicable Margin. “JPM Securities” means ▇.▇. ▇▇▇▇▇▇ Securities LLC. “JPMCB” means JPMorgan Chase Bank, N.A. “JPMCB Counterparty” means JPMCB and/or any of its Related Entities. “Lead Arrangers” means, collectively, ▇.▇. ▇▇▇▇▇▇ Securities LLC and ▇▇

Interest Guaranty shall have the meaning specified in SECTION 12.1(a).