Parent Company Guarantees definition

Parent Company Guarantees has the meaning set forth in Section 17.4(a).
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Parent Company Guarantees means (i) the parent company guarantees set forth in Schedule 2.1 (j); and (ii) any other guarantees furnished by Seller, FinnvedenBulten or any of their affiliates (other than the Company and the Subsidiaries) as security for any obligations of the Company or any of the Subsidiaries.
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Parent Company Guarantees shall have the meaning given in Section 2.4(b). “Party” and “Parties” shall have the meaning given in the preamble to this Agreement. “Permits” shall have the meaning given in Section 3.15(c). “Permitted Liens” shall mean (a) Liens for Taxes, assessments, water and sewer rents and other governmental charges, in each case, which arise solely by operation of Law and are not yet due and payable, (b) Liens being contested in good faith by appropriate proceedings, (c) Liens that are (i) easements, quasi-easements, licenses, covenants, rights of way, utility agreements and other similar restrictions, (ii) conditions that may be shown by a current survey or (iii) zoning, building and other similar restrictions, that in any case described in this clause (c) do not materially impair the current use or occupancy of the Owned Real Property or Leased Real Property, (d) inchoate, mechanic’s, workmen’s, repairmen’s, warehousemen’s and carriers’ Liens arising in the ordinary course of business if the underlying obligations are not yet due and payable, (e) Liens for which there are adequate reserves on the financial statements of the applicable Persons (if such reserves are required pursuant to IFRS), or (f) those Liens that are specifically listed on Schedule 1.1
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Examples of Parent Company Guarantees in a sentence

  • As the works package is undertaken by a SPV, MMC and Gamuda issued Parent Company Guarantees to guarantee the due performance and obligations of the SPV.

  • The Parent Company Guarantees have not been called because the SPV has performed and met its obligations in compliance with the terms of the contract.

  • Criteria Relating to Use of Financial Tests and Parent Company Guarantees for Providing Reasonable Assurance of Funds for Decommissioning.

  • A-11013–B Terms and Conditions Needed in Parent Company Guarantees .

  • Credit information is regularly shared between businesses and finance function, with a framework in place to quickly identify and respond to cases of credit deterioration.The Company has a prudent and conservative process for managing its credit risk arising in the course of its business activities.Credit risk is actively managed through Letters of Credit, Bank Guarantees, Parent Company Guarantees, advance paymentsand factoring & forfaiting without recourse to the Company.


More Definitions of Parent Company Guarantees

Parent Company Guarantees means the guarantees issued by the Parent Company as part of the Issuer Substitution in relation to the obligations and liabilities of the Plan Company under each of the six series of SUNs.
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Parent Company Guarantees means certain parent company guarantees issued by Kværner ASA as further detailed on Schedule 1.03(c).
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Parent Company Guarantees means guarantees by Reading & Bates Corporation in favour of inter alia the Seller xx substantially the form contained in Schedule 6;
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Parent Company Guarantees means certain parent company guarantees issued by Kværner ASA as further detailed on
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Parent Company Guarantees means each guarantee, indemnity, surety, comfort letter or similar assurance (other than the Bank Guarantees) given by any member of the Retained Group in respect of the obligations of any member of the Group or in relation to the Aker Soho Business of which the Sellers are aware, a complete and accurate list of which is set out in Part B of Appendix 2 (Guarantees);
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Parent Company Guarantees means the parent company guarantees issued, or other collateral rendered, by Sellers or their Affiliates on behalf of the Companies listed in Schedule 5.5.1 (ii). Party means any of the Sellers or the Buyer, and Parties shall be construed according- ly. Phase I Environ- mental Report means the report dated November 26, 2015 prepared by ERM Consulting and Engineering, Inc. on the phase 1 environmental due diligence conducted by it on the Tampere site and Pori site in connection with the Due Diligence Review. Purchase Price means the consideration payable for the Shares as set out in Section 3.1.1. Real Property means the real property listed in Schedule 7.2.10.1. Related Party Agreements means agreements and other similar arrangements entered into between the Group Companies and any of the Sellers or their Affiliates, all listed in Schedule 7.2.15.1. Required Approvals means a decision by the Finnish Ministry of Employment and the Economy, or the Council of State, as the case may be, authorizing the Transaction in accord- ance with the Act on the Monitoring of Foreigners’ Corporate Acquisitions (172/2012, as amended). Review Period has the meaning set out in Section 3.3.
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Parent Company Guarantees shall have the meaning given in Section 2.4(b).
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