Minimum Payment Guarantor definition

Minimum Payment Guarantor means the Initial Minimum Payment Guarantors and any other successor or substitute entity or entities which provides a Minimum Payment Guaranty.
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Minimum Payment Guarantor means HET and HOC as joint and several obligors, or any successor or substitute guarantor providing a Minimum Payment Guaranty in accordance with the requirements of the Casino Operating Contract.
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Minimum Payment Guarantor means any person that provides the Minimum Payment Guaranty to the State.
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Examples of Minimum Payment Guarantor in a sentence

  • Any Person furnishing a Minimum Payment Guaranty (or becoming a Minimum Payment Guarantor) which does not so become a party hereto shall not be entitled to the benefits (and shall not be secured by) any of the Shared Security Documents.

  • The undersigned agrees to comply with its obligations (including without limitation those set forth in Section 6(c) and (d) thereof) as a party to the Intercreditor Agreement as a Minimum Payment Guarantor thereunder.

  • The City Council shall hear appeals from final decisions of the Planning Commission, except that the City Council shall not hear appeals of decisions made in the Planning Commission's role as an appellate body.

  • On the Initial Borrowing Date, the Lender, the Collateral Agent, and the Minimum Payment Guarantor shall have duly authorized, executed and delivered an Intercreditor Agreement in the form of Exhibit H (as modified, supplemented or amended from time to time, the "Intercreditor Agreement"), and the Intercreditor Agreement shall be in full force and effect.

  • If the Casino Operator shall have failed to timely provide (on or before each Renewal Date) an approved Minimum Payment Extension Guaranty from an approved, Minimum Payment Guarantor [all of which approvals must occur prior to each Renewal Date], such failure (i) shall be an Event of Default and (ii) (as set forth in this Casino Operating Contract) shall also be a Termination Event.

  • Leasehold Mortgagee" means the holder, from time to time, of a Leasehold Mortgage, including but not limited to the Minimum Payment Guarantor, holders of the new notes and new contingent notes issued pursuant to the Plan (and related trustees and successor trustees), the Lenders of the financing to be obtained by the Casino Operator pursuant to the Plan or any other creditor.

  • If the Casino Operator fails to pay as and when due any amount due to the State or the Gaming Board under this Casino Operating Contract, the amount past due shall bear interest at the Default Interest Rate from the due date until paid ("Late Payment Interest"), regardless of whether such amount shall be paid to the State or the Gaming Board by the Casino Operator, the Minimum Payment Guarantor, a Leasehold Mortgagee or any other payor.

  • Each of the Minimum Payment Guarantor, the Credit Agent and the New Indentures Trustee is hereby authorized to demand specific performance of the provisions of this Article 11, whether or not the Company shall have complied with any of the provisions of Article 11 applicable to it, at any time when the Trustee or any Holder shall have failed to comply with any of these provisions.

  • The Minimum Payment Guaranty may be provided by (i) HET and Xxxxxx'x Operating, pursuant to Section 25.4 - "Matters Relating to Minimum Payment Guaranty" and subject to the continuing Suitability requirements (financial and otherwise) of the Casino Act and the Rules and Regulations or (ii) any Suitable Lender or Lenders or others as Approved by the Gaming Board and which have sufficient resources to provide the Minimum Payment Guaranty (the "Minimum Payment Guarantor").

  • The Casino Operator agrees to provide the Gaming Board Notice and a copy of any communication from the then Minimum Payment Guarantor that it may not or will not provide the required Minimum Payment Guaranty to the Gaming Board in the subsequent Fiscal Year concurrent with any public announcement of such event.


More Definitions of Minimum Payment Guarantor

Minimum Payment Guarantor shall have the meaning provided in the first paragraph of this Agreement.
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Minimum Payment Guarantor has the meaning set forth in Section 25.1 - "Rolling Minimum Payment Guaranty."
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Minimum Payment Guarantor means the Initial Minimum Payment Guarantors and any other successor as substitute entity or entities which provides a Minimum Payment Guaranty.
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Minimum Payment Guarantor means HET and HOC as joint and several obligors, or any successor or substitute guarantor providing a Minimum Payment Guaranty in accordance with the requirements of the Casino Operating Contract and without giving rise to an Event of Default pursuant to Section 10.17.
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Related to Minimum Payment Guarantor

  • Payment Guaranty means, if applicable, that certain Guaranty (Payment) of even date herewith executed by Guarantor to and for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Guarantor Payment as defined in Section 5.11.3.

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Sponsor’s Fee means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Swiss Francs in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day).

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Guarantor of Payment means each of the Companies set forth on Schedule 2 hereof, that are each executing and delivering an Amended and Restated Guaranty of Payment, or any other Person that shall deliver a Guaranty of Payment to Agent subsequent to the Effective Date.

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Grenfell Tower support payment means a payment made to a person because that person was affected by the fire on 14th June 2017 at Grenfell Tower, or a payment to the personal representative of such a person—

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Eligible Guarantor means an entity that (A) has credit ratings at least equal to the Approved Ratings Threshold or (B) has credit ratings at least equal to the Required Ratings Threshold, provided, for the avoidance of doubt, that an Eligible Guarantee of an Eligible Guarantor with credit ratings below the Approved Ratings Threshold will not cause a Collateral Event (as defined in the Credit Support Annex) not to occur or continue.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Interim Payment has the meaning specified in Section 10.1.

  • Minimum Interest Charge has the meaning given in Section 2.2(b).

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Solar renewable energy certificate or "SREC" means a

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Guarantor means: .............................................................................................................................................