NEG Guarantee Release Date definition
NEG Guarantee Release Date means the earliest of (x) the date on which the Guaranteed Obligations have been paid in full, (y) the date on which NEG pays an amount equal to the Maximum Guarantee Amount to the Security Agent in accordance with the terms of this Guarantee and Agreement and (z) the date on which this Guarantee and Agreement terminates in accordance with Section 2.07(b) hereof.
NEG Guarantee Release Date as defined in Section 1.01 of the Guarantee.
Examples of NEG Guarantee Release Date in a sentence
Subject to reinstatement pursuant to Section 2.03, this Guarantee and Agreement shall remain in full force and effect until the NEG Guarantee Release Date unless otherwise terminated in writing by the Guarantor and the Security Agent.
Subject to reinstatement pursuant to Section 2.03, this Guarantee and Agreement shall remain in full force and effect until the NEG Guarantee Release Date unless otherwise terminated in writing by the Guarantor and the Administrative Agent.