Loan Guaranties definition

Loan Guaranties shall have the meaning ascribed thereto in Recital E hereof.

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Loan Guaranties means any future Guaranties executed and delivered to the Agent by any Person, pursuant to which such Person guaranties all or any part of the debts, liabilities and obligations of the Borrowers under the Facility Documents, and all modifications and amendments thereto.

Loan Guaranties or “Loan Guaranty” have the meanings ascribed thereto in Section 3.3 of this Agreement.

Examples of Loan Guaranties in a sentence

• If acceptable to the Lender, the Loan Guaranties will be given by the TWC Guarantor acceptable to the Lender and the Condor Guarantor acceptable to the Lender in proportion to the respective Percentage Interests of their related Members at the time; otherwise, the Loan Guaranties may be joint and several.

• Each Loan Party agrees that neither the provisions of this Agreement nor any action taken or not taken in accordance with or in connection with this Agreement shall constitute a termination, extinguishment, release, or discharge of any of such Loan Party’s obligations or provide a defense, set off or counterclaim to any of the Loan Parties with respect to any of the Loan Parties’ obligations under their respective Loan Guaranties.

• By accepting the benefits of the Collateral and the Loan Guaranties, such Bank Product Provider shall be deemed to have appointed the Administrative Agent as its agent and agreed to be bound by the Loan Documents as a Secured Party, subject to the limitations set forth in this Section 8.13.

• Borrower acknowledges that the liability of Sponsor under the Guaranty, the ▇▇▇▇▇ Fargo Mortgage Loan Guaranty and under the Other Senior Mezzanine Loan Guaranties with respect to a Bankruptcy Recourse Event shall not exceed $200,000,000 in the aggregate.

• Each Loan Party affirms to the Administrative Agent that their respective Loan Guaranties remain in full force and effect and are such Loan Party’s valid and binding obligation.

• Notwithstanding anything to the contrary set forth in the Note Guaranties or the Loan Guaranties, the Creditors acknowledge and agree that, so long as there is any default or event of default under the Note Purchase Agreement or the Loan Agreement, such indebtedness of the Company to a Subsidiary Guarantor shall be collected, enforced, and received by such Subsidiary Guarantor as trustee for the Creditors and shall be paid over by such Subsidiary Guarantor to any Creditor.

• The Manager shall provide any required “bad boy guaranty” required in such loan transaction (“Manager Guaranty” and collectively with Loan Guaranties, “Guaranties”).

• The Lenders hereby expressly acknowledge the existence of the Note Guarantees and the Noteholders hereby expressly acknowledge the existence of the Loan Guaranties.

• Each Lender agrees that no Lender shall have any right individually to seek or to enforce any Loan Guaranty or to realize upon the security granted by any Collateral Documents, it being understood and agreed that such rights and remedies may be exercised by Collateral Agent for the benefit of Lenders upon the terms of the Loan Guaranties and the Collateral Documents.

• Administrative Agent shall have ------------------------------- received the original Syndicated Term Loan Guaranties, duly executed and delivered by Guarantors.

More Definitions of Loan Guaranties

Loan Guaranties means any future Guaranties executed and delivered to the Agent by any Person, pursuant to which such Person guaranties all of the debts, liabilities and obligations of the Borrowers under the Facility Documents, and all modifications and amendments thereto, all in form and substance satisfactory to the Agent.

Loan Guaranties means the ▇▇▇▇-▇▇▇▇▇▇ Subsidiary Guaranty.

Loan Guaranties means, collectively, the Guaranty made by the Guarantors in existence on the Original Closing Date in favor of Agent on behalf of Lenders and each other Guaranty delivered to Agent after the Original Closing Date by a Guarantor, each in form and substance reasonably satisfactory to Agent.

Loan Guaranties means, as the case may be, the existing guaranties under the Loans and/or any guaranties that are required by the Lenders to be executed and delivered at Closing in accordance with the terms of this Agreement which shall be in a form acceptable to the ▇▇▇▇▇▇▇ Guarantors and Pebblebrook.