Minimum Payment Guarantors definition

Minimum Payment Guarantors means HET and HOC, as 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 Guarantors means HET and HOCI 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 Guarantors shall include HET, HOC, Harrxx'x Xxx Orleans Investment Company, Harrxx'x Xxxscent City Investment Company, Harrxx'x Xxx Orleans Management Company, their successors and assigns, and all direct or indirect subsidiaries, and each of their parents, subsidiaries, officers, directors, corporate representatives, employees, agents, lawyers and accountants and all Persons acting or claiming through, under or in concert with any of them.
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Examples of Minimum Payment Guarantors in a sentence

  • The Minimum Payment Guarantors have expressly informed the Trustee on behalf of the Holders that the Minimum Payment Guarantors have not agreed to renew the HET/JCC Agreement beyond March 31, 2005.

  • The Minimum Payment Guarantors have informed the Trustee on behalf of the Holders that any decision the Minimum Payment Guarantors make concerning whether to renew any Minimum Payment Guaranty or the HET/JCC Agreement will be made in the Minimum Payment Guarantors' sole discretion, acting only in their best interests.

  • The HET/JCC Agreement provides that the Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 2002, 2003, 2004 and 2005, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.

  • In entering into the HET/JCC Agreement, the Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the Casino Operating Contract, but rather have agreed only to provide a Minimum Payment Guaranty for the period and on terms and conditions specified therein.

  • The Initial Minimum Payment Guarantors have informed the Trustee on behalf of the Holders that any decision the Initial Minimum Payment Guarantors make concerning whether to renew any Minimum Payment Guaranty or the HET/JCC Agreement will be made in the Initial Minimum Payment Guarantors' sole discretion, acting only in their best interests.

  • As contemplated by Section 15 hereof, this Agreement shall be binding upon the successors and assigns of HET and HOC, as the Minimum Payment Guarantors originally party hereto.

  • The HET/JCC Agreement provides that the Initial Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 1999 and March 31, 2000, renewable for the four Fiscal Years thereafter through March 31, 2004, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.

  • The Initial Minimum Payment Guarantors have expressly informed the Trustee on behalf of the Holders that the Initial Minimum Payment Guarantors have not agreed to renew the HET/JCC Agreement beyond March 31, 2004, or in any prior year where the Initial Minimum Payment Guarantors' obligation to furnish a Minimum Payment Guaranty does not renew by the express terms of Section 1(b) of the HET/JCC Agreement.

  • Upon the occurrence and during the continuance of an Event of Default under the Minimum Payment Obligations and provided that there are then no operations at the Casino, the Minimum Payment Guarantors agree to fully enforce and realize upon the security interest in the House Bank (and apply all proceeds thereof to the Minimum Payment Obligations) prior to applying the proceeds of any other Collateral to the Minimum Payment Obligations as set forth in this Section 11.

  • In entering into the Initial HET/JCC Agreement, the Initial Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the COC, but rather have agreed only to provide it for the period and on terms and conditions specified therein.


More Definitions of Minimum Payment Guarantors

Minimum Payment Guarantors shall have the meaning provided in the first paragraph of this Agreement.
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Minimum Payment Guarantors means and include HET, HOC and any substitute or successor Minimum Payment Guarantor from time to time party to, and as defined in, the Intercreditor Agreement.
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Related to Minimum Payment Guarantors

  • Parent Guarantors means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à x.x., (iv)

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

  • Guarantor Payment as defined in Section 5.11.3.

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

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

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Guarantors means each of:

  • 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.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Interim Payment has the meaning specified in Section 10.1.

  • 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.

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

  • Initial Guarantors shall have the meaning set forth in the preamble.

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

  • 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.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

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

  • 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.

  • 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.

  • Earn Out Obligations means, with respect to an Acquisition, all obligations of the Company or any Subsidiary to make earn out or other contingency payments pursuant to the documentation relating to such Acquisition. The amount of any Earn Out Obligation shall be deemed to be the aggregate liability in respect thereof as recorded on the balance sheet of the Company and its Subsidiaries in accordance with Agreement Accounting Principles.

  • 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).

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

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Earnout Amount has the meaning set forth in Section 2.7(a).