Lessor Guarantee definition

Lessor Guarantee means the New York law guarantee of the obligations of Lessor under this Agreement and the other Operative Documents, substantially in the form of Schedule 12 (Form of Lessor Guarantee) hereto, granted by the Lessor Guarantor in favor of Lessee;

Lessor Guarantee means a guarantee or surety in form and substance reasonably satisfactory to the Lessee to be issued in accordance with clause 7.2.11 (Lessor Guarantee) Agreement by a guarantor having a tangible net worth of US$15,000,000 and securing the repayment (when and if due) by the Lessor of any cash Security Deposit and/or any cash Maintenance Reserves;

Lessor Guarantee means the Lessor Guarantee dated as of March 30, 1998 by The Industrial Bank of Japan Trust Company in favor of the Lessee.

Examples of Lessor Guarantee in a sentence

• The Lessor Guarantee shall have been duly authorized, executed and delivered by The Industrial Bank of Japan Trust Company.

• The obligations of the Lessor under the Credit Agreement and the Lessee under the Lease shall be guaranteed by the Guarantors to the extent provided in the Guarantee (in the form attached hereto as Exhibit E-1) and in the Lessor Guarantee (in the form attached hereto as Exhibit E-2).

• Confirmation from the process agent appointed by Lessor pursuant to Section 17.4 of the Aircraft Lease Shared Terms and Section 7.4 of the Purchase Agreement, and by Lessor Guarantor pursuant to Section 4.3 of the Lessor Guarantee.

• If the Lessor Guarantee is provided as required by this Agreement, the Lessor shall procure at all times throughout the Lease Period that the Lessor Guarantor shall (i) not be subject to any insolvency, liquidation, winding-up, reorganization or similar proceedings and (ii) certify to Lessee that it has a minimum net worth of at least US$[20,000,000].

• In order to achieve consistency with the terms of the Credit Agreement, in clause 7.1.23 of each of the Facility Guarantee and the Lessor Guarantee and in clause 7.1.16 of each of the other Guarantees, the words "there has been no change in the effective ultimate ownership of the Aurelia Energy Group" shall be deleted and replaced with the words "Aurelia Energy is effectively ultimately owned by the Hugo Heerema family or related trust arrangements".

More Definitions of Lessor Guarantee

Lessor Guarantee means the Lessor Guarantee dated as of March 27, 1996 by The Industrial Bank of Japan Trust Company in favor of the Lessee.

Lessor Guarantee means the New York law guarantee of the obligations of Lessor under this Agreement and the other Operative Documents, in the form to be agreed to by the parties;

Lessor Guarantee means the guarantee dated on or about the date of this Agreement issued by the Lessor Guarantor in favour of the Lessee in respect of the Lessor’s obligations under the Transaction Documents to which it is a party.

Lessor Guarantee means a Guarantee in form and substance reasonably satisfactory to Lessee from Lessor Guarantor in respect of Lessor’s obligations under this Agreement.

Lessor Guarantee means the New York law guarantee of the obligations of Lessor under this Agreement and the other Operative Documents, [substantially in the form of Schedule 13 hereto,] granted by the Lessor Guarantor in favor of Xxxxxx;

Lessor Guarantee shall have the meaning as defined in Section 6 (c) of Exhibit 5.1;

Lessor Guarantee means the guarantee dated as of the Delivery Date between an Acceptable Guarantor and Lessee in form and substance satisfactory to Lessee, acting reasonably, pursuant to which such guarantor guarantees the performance of the obligations and liabilities of Lessor under this Agreement and the other Operative Documents.