Examples of NOTES GUARANTY in a sentence
To effect reimbursement and repayment of the Purchase Money Notes Guaranty Fee to the Receiver, the Purchase Money Notes Guaranty Fee will be added to the aggregate principal amount of the Purchase Money Notes and paid by Debtor when and as it satisfies the Purchase Money Notes.
This Agreement shall create a continuing security interest in any and all of the Collateral and shall remain in full force and effect until the termination of the Purchase Money Notes Guaranty in accordance with their respective terms and the satisfaction and discharge of all Secured Obligations in full.
Each of the Collateral Agent and the Purchase Money Notes Guarantor hereby covenants and agrees that it will not at any time institute against Debtor, or join in any institution against Debtor of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceedings under any United States federal or state bankruptcy or similar law in connection with any obligation relating to any Purchase Money Note, the Purchase Money Notes Guaranty or this Agreement.
Pursuant to the terms and conditions of the Reimbursement, Security and Guaranty Agreement, the Company has pledged all of its rights, title and interest in and to the Loans, the Acquired Property and the Custodial Documents to the Collateral Agent for the benefit of the Purchase Money Notes Guarantor and the other Secured Parties (as defined in the Reimbursement, Security and Guaranty Agreement) as security for certain obligations of the Company under the Purchase Money Notes Guaranty.
In consideration of the Purchase Money Notes Guarantor agreeing to guaranty certain obligations of Debtor pursuant to the Purchase Money Notes in accordance with the Purchase Money Notes Guaranty, the Receiver, for and on behalf of Debtor, shall pay to the Purchase Money Notes Guarantor on the Closing Date a fee equal to 3% of the aggregate original principal amount of the Purchase Money Notes (the “Purchase Money Notes Guaranty Fee”).
If, on the maturity date of any Purchase Money Note, there exists a net loss on investments on amounts deposited into the Defeasance Account, prior to any liquidation and payment described in the following five sentences, the Purchase Money Notes Guarantor shall deposit the amount of such net loss into the Defeasance Account; for the avoidance of doubt, no such deposit by the Purchase Money Notes Guarantor shall constitute a payment pursuant to the Purchase Money Notes Guaranty.
Debtors on account of any Taj Senior Notes Guaranty Claims and the Plan shall be amended to so reflect.
Long-Term Fitch Long-Term Moody’sBBB Baa2Liquidity Provider Rating The Liquidity Provider meets the Threshold Ratingrequirement.Governing Law The Certificates, the Indentures, the Equipment Notes andthe Notes Guaranty will be governed by the laws of the State of New York.
Class A3 consists of all Taj Senior Notes Guaranty Claims against the TRU Inc.
GAMES, LLC, an a California limited liability company and an Affiliate of the Manager, will guarantee the principal amount of the Notes, and in consideration therefor, will receive a Notes Guaranty Fee of $ payable from the proceeds of the Offering.