Parent Guaranty of Payment definition

Parent Guaranty of Payment means a Guaranty of Payment, in form and substance satisfactory to Agent and the Lenders, executed and delivered by TCC with respect to the obligations of the Foreign Borrowers, as the same may from time to time be amended, restated or otherwise modified.
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Parent Guaranty of Payment means a Fourth Amended and Restated Guaranty of Payment, in form and substance satisfactory to Agent and the Banks, executed and delivered by Borrower on the date hereof pursuant to which Borrower shall guaranty the payment in full of all of the obligations of the Insurance Subsidiary with respect to each Letter of Credit issued for its account or at its request.
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Parent Guaranty of Payment means a Guaranty of Payment, substantially in the form of the attached Exhibit G, executed and delivered by Parent with respect to the Obligations, as the same may from time to time be amended, restated or otherwise modified.
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Examples of Parent Guaranty of Payment in a sentence

  • Borrower shall have delivered to Agent the Parent Guaranty of Payment and shall have delivered to Agent a Guaranty of Payment executed by each Guarantor of Payment.

  • Each Guarantor of Payment shall have executed and delivered its Guaranty of Payment to Agent and TCC shall have executed and delivered the Parent Guaranty of Payment to Agent.

  • The parties acknowledge that Seller and/or its Affiliates (as applicable) have executed the following guarantees for the benefit of the indicated companies: (i) Eagle Industrial Products Corporation Self-Guarantee Application regarding Amerace-Rubber Dump ($100,000); (ii) Amerace-Esna Road ($35,000); (iii) Continuing Contract of Parent Guaranty of Payment by Eagle Industries, Inc.

  • MIX shall have executed and delivered to Agent a Guaranty of Payment; and US Borrower shall have executed and delivered to Agent the Parent Guaranty of Payment.

  • Nature of business..............................................................................................................................................................................................................................

  • Borrower shall have delivered to Agent the Parent Guaranty of Payment and shall have delivered to Agent a Guaranty of Payment executed by each Guarantor of Payment.SECTION 4.3 OFFICER’S CERTIFICATE, RESOLUTIONS, ORGANIZATIONALDOCUMENTS.

  • Each Guarantor of Payment shall have executed and delivered its Guaranty of Payment to Agent and ASI shall have executed and delivered the Parent Guaranty of Payment to Agent.

  • Borrower shall have executed and delivered to Agent a Parent Guaranty of Payment.

  • The specific cause of any early or late delivery will be solely determined by the Purchaser.


More Definitions of Parent Guaranty of Payment

Parent Guaranty of Payment means the Guaranty of Payment, executed and delivered by US Borrower with respect to the Canadian Borrowers, as the same may from time to time be amended, restated or otherwise modified.
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Parent Guaranty of Payment means a Third Amended and Restated Guaranty of Payment, in form and substance satisfactory to Agent and the Banks, executed and delivered by Borrower on the date hereof pursuant to which Borrower shall guaranty the payment in full of all of the obligations of the Insurance Subsidiary with respect to each Letter of Credit issued for its account or at its request.
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Parent Guaranty of Payment means the Third Amended and Restated Guaranty of Payment by the Issuer in favor of the Bank Agents and the Banks, dated as of October 6, 2017, pursuant to which the Issuer guarantees the payment in full of all of the obligations of the Insurance Subsidiary with respect to each letter of credit issued for its account or at its request pursuant to the Credit Agreement.
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Parent Guaranty of Payment means that certain Guaranty of Payment, executed and delivered by Parent on the Original Closing Date with respect to the Obligations, as the same may from time to time be amended, restated or otherwise modified.
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Parent Guaranty of Payment means a Fourth Amended and Restated Guaranty of Payment, in form and substance satisfactory to Agent and the Banks, executed and delivered by Borrower on the date hereof pursuant to which Borrower shall guaranty the payment in full of all of the obligations of the Insurance Subsidiary with respect to each Letter of Credit issued for its account or at its request. “Participant” shall have the meaning provided in Section 10.11(a) hereof. “Participant Register” shall have the meaning provided in Section 10.11 hereof. “Payment Recipient” shall have the meaning assigned to it in Section 9.13(a). “PBGC” shall mean the Pension Benefit Guaranty Corporation, or its successor. “Pension Plan” shall mean an ERISA Plan that is a “pension plan” (within the meaning of ERISA Section 3(2)). “Permitted Receivables Facility” shall mean (i) any customary “factoring” program which involves the transfer or sale without recourse (other than customary limited recourse) of accounts
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Parent Guaranty of Payment means the Guaranty of Payment of Debt, executed and delivered by US Borrower with respect to the Canadian Borrowers, as the same may from time to time be amended, restated or otherwise modified.
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Related to Parent Guaranty of Payment

  • Guaranty of Payment means each Guaranty of Payment executed and delivered on or after the Closing Date in connection with this Agreement by the Guarantors of Payment, as the same may from time to time be amended, restated or otherwise modified.

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

  • Payment Guaranty means, if applicable, that certain Guaranty (Payment) of even date herewith executed by Guarantor to and for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Guarantor of Payment means each of the Companies set forth on Schedule 2 hereof, that are each executing and delivering an Amended and Restated Guaranty of Payment, or any other Person that shall deliver a Guaranty of Payment to Agent subsequent to the Effective Date.

  • 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.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Non-Guarantor Restricted Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Guaranty Supplement means an instrument substantially in the form of Exhibit I hereto.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Guarantor Payment as defined in Section 5.11.3.

  • Permitted Non-Recourse Guarantees means customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements and carve-out guarantees) provided under Non-Recourse Debt in the ordinary course of business by the Company or any Subsidiary of the Company in financing transactions that are directly or indirectly secured by real estate assets or other real estate-related assets (including equity interests) of a Subsidiary of the Company (or entity in which the Company is the general partner or managing member), in each case that is the borrower in such financing, but is non-recourse to the Company or any of the Company’s other Subsidiaries, except for customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements or carve-out guarantees) as are consistent with customary industry practice (such as environmental indemnities and recourse triggers based on violation of transfer restrictions and other customary exceptions to nonrecourse liability).

  • 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.

  • 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.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Guarantor Joinder Agreement means a guarantor joinder agreement substantially in the form of Exhibit 7.12 delivered by a Domestic Subsidiary of the Borrower pursuant to Section 7.12.