Letter of Guaranty definition

Letter of Guaranty. AGREEMENT shall mean the letter of guaranty agreement dated January 11, 1996 between the Borrower and CITBC.
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Letter of Guaranty means any written undertaking by Lender or any Affiliate of Lender, issued upon the application of the Borrower, to make payments to third parties, other than Letters of Credit.
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Letter of Guaranty means that certain guaranty dated on or about January 6, 2015, from Otsuka Holdings Co., Ltd., a corporation organized under the laws of Japan (the “Guarantor”), to The Bank of Tokyo-Mitsubishi UFJ, Ltd., together with any and all amendments and other modifications thereto and replacements and substitutions thereof.
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Examples of Letter of Guaranty in a sentence

  • ATTACHMENT NUMBER DESCRIPTION OF ATTACHMENTNUMBER OF PAGESAttachment 1Sample Bank Letter of Guaranty J.

  • The Letter of Guaranty must be accompanied by a notarized Certificate of Authority.

  • The Builder shall, before Delivery, discharge all claims, liens, or right in rem of any kind against the Vessel, including any claims for taxes or by the Guarantor made by reason of its Letter of Guaranty under Article XI hereof, and shall indemnify and hold the Buyer harmless including attorneys’ fees and costs with respect thereto.

  • It should be noted that the Government will draw on Letter of Guaranty when the contractor fails to comply with the terms and conditions of the contract, or does not fulfill his undertaking in whole or in part.

  • As this contract requires the prime contractor to ensure the timely payment of satisfactorily performing subcontractors (see, e.g., FAR52.232-2(c)), the failure to pay subcontractors can be considered a breach of contract and may result in the Government drawing on this Letter of Guaranty.

  • As this contract requires the prime contractor to ensure the timely payment of satisfactorily performing subcontractors (see, e.g., FAR 52.232-2(c)), the failure to pay subcontractors can be considered a breach of contract and may result in the Government drawing on this Letter of Guaranty.

  • Letter of Guaranty No. --- (Cairo 200--) EGYPTIAN MIUNERAL RESOURCES AUTHORITY (EMRA).

  • When service reconnection is not requested, the responsible party who has paid the Letter of Guaranty amount is refunded any excess amount.

  • C-1" is the form of a Letter of Guaranty to be submitted by CONTRACTOR to EGPC at least one (1) day before the time of signature by the Minister of Petroleum of this Agreement, for the sum of ------------ million U.S. Dollars ($ ), Annex "D" is the form of a Charter of the Operating Company to be formed as provided for in Article VI hereof.

  • For the purposes of this rule, a Customer has had a late payment if he/she has had one or more notices of pending disconnection generated for his/her account.When the Customer who has established credit with a Letter of Guaranty has his/her Electricity Service disconnected for nonpayment, the responsible party is charged the two months average billing as listed in Schedule 310.


More Definitions of Letter of Guaranty

Letter of Guaranty means an agreement, instrument or other arrangement pursuant to which Borrower provides a guarantee or similar undertaking with respect to obligations of any Client and, without duplication, all additional Guaranteed Indebtedness (other than the Guaranty).
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Letter of Guaranty means any letter
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Letter of Guaranty is defined in Section 6.1(j) hereof.
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Letter of Guaranty means any letter issued by an Issuing Bank pursuant to Section 2.14 (other than a Back-up LOC or a Traditional LOC) (a) that is issued (i) for the benefit of any Person in connection with an obligation incurred by ESCO, the Borrower or any Specified Subsidiary, as the case may be, in the ordinary course of its business, to furnish products or services to such Person and (ii) for the account of ESCO, the Borrower or such Specified Subsidiary, as the case may be, and (b) pursuant to which such Issuing Bank may be required to make a cash payment to such Person, up to a specified maximum dollar amount, in the event of a breach of such obligation.
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Related to Letter of Guaranty

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • 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.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Guaranty Supplement means an instrument substantially in the form of Exhibit I hereto.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • 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:

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.

  • Guarantor Joinder Agreement means a guarantor joinder agreement substantially in the form of Exhibit 7.12 delivered by a Domestic Subsidiary of the Borrower pursuant to Section 7.12.

  • Lender Joinder Agreement means a joinder agreement in a form reasonably satisfactory to the Administrative Agent delivered in connection with Section 2.22.

  • Intercreditor Agreement Joinder means an agreement substantially in the form of Exhibit A.

  • Borrower Joinder Agreement means an agreement in substantially the form of Exhibit I or any other form approved by the Administrative Agent.

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

  • 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.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Call Off Guarantee means a deed of guarantee in favour of a Contracting Body in the form set out in Framework Schedule 13 (Guarantee) and granted pursuant to Clause 3 of the Template Call Off terms;

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.