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

  • Minimum Payment Guarantor Lien means the Lien securing certain obligations of JCC under the HET/JCC Agreement, as well as the obligations of JCC to any successor or substitute guarantor providing the Minimum Payment Guaranty.

  • 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.

  • 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.

  • 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.

  • 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.

  • Federal matching funds are available at 90 percent federal financial participation.

  • 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.

  • Minimum Payment Guarantor means HET and HOCI as joint and several obligors, or any successor or substitute guarantor providing a Minimum Payment Guaranty.

  • Collateral Agent means The Bank of New York, or any successor Collateral Agent, acting as collateral agent for the Banks, the Minimum Payment Guarantor and the holders of the Senior Subordinated Notes and the Contingent Notes pursuant to the Intercreditor Agreement.


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 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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Minimum Payment Guarantor has the meaning set forth in Section 25.1 - "Rolling Minimum Payment Guaranty."
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Related to Minimum Payment Guarantor

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

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

  • 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 Swedish Kronor 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).

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • 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.

  • Interim Payment has the meaning specified in Section 10.1.

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

  • 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.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Renewable Energy Certificate or "REC" means a certificate

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;