Parental Guarantee definition

Parental Guarantee means a guarantee from a parent guarantor of Seller that is satisfactory to Buyer and meets all the requirements in Article IX as if it were Seller. The Parental Guarantee shall be in form and substance satisfactory to Buyer in its discretion.

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Parental Guarantee means a guarantee extended by the Parent Company of a Clearing Participant to secure the obligation of such Clearing Participant owing to JSCC by submitting a letter of guarantee in the form prescribed by JSCC3, including other documents deemed by JSCC to be equivalent to such letter of guarantee, to JSCC;

Parental Guarantee has the meaning set forth in Section 2.1(a).

Examples of Parental Guarantee in a sentence

• The foregoing notice requirements of this Section 11 shall be deemed satisfied by a stockholder if the stockholder has notified the Corporation of his or her intention to present a proposal or nomination at an annual meeting in compliance with Rule 14a-8 (or any successor thereof) promulgated under the Exchange Act and such stockholder’s proposal or nomination has been included in a proxy statement that has been prepared by the Corporation to solicit proxies for such annual meeting.

• The Parties have participated jointly in the negotiation and drafting of this Parental Guarantee Agreement.

• This Parental Guarantee Agreement may be executed by the Parties in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument binding upon all of the Parties notwithstanding the fact that all Parties are not signatory to the original or the same counterpart.

• This Parental Guarantee Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by an instrument in writing signed by the Parties hereto, or, in the case of a waiver, by the Party waiving compliance.

• If any provision of this Parental Guarantee Agreement is so broad as to be unenforceable, that provision shall be interpreted to be only so broad as is enforceable.

More Definitions of Parental Guarantee

Parental Guarantee means a parental guarantee between the Vendor and CNC, pursuant to which CNC guarantees in favor of the Vendor, for the period time commencing on the date of this Agreement and ending on the Closing Date, all of the representations, warranties, obligations, and covenants of the Purchaser which are contained in this Agreement, up to a maximum amount of $75,000, to be substantially in the form attached hereto as Schedule 1.1(yyy);

Parental Guarantee has the meaning set forth in the Recitals.

Parental Guarantee means a guarantee of POT, delivered to Vendor, guaranteeing Purchaser's obligations hereunder in substantially the form attached hereto as Schedule "S";

Parental Guarantee means the Credit Support Deed of Guarantee, dated as of April 28, 2023, between the Parent, the Reinsurer, Transverse Specialty Insurance Company and TRM Specialty Insurance Company. “Permit” means any license, permit, order, approval, consent, registration, membership, authorization or qualification under any Applicable Law or with any Regulatory Authority or under any industry or non-governmental self-regulatory organization.

Parental Guarantee means the Guarantee provided by Parent for the benefit of Buyer substantially in the form attached hereto as Exhibit G.

Parental Guarantee means the Mediation Agreement and Parental Guarantee dated May 15, 1996 executed and delivered by WellPoint California and CaliforniaCare Health Plans, and any subsequent guaranties having similar provisions that do not broaden the scope of the obligations of the Company or any of its Subsidiaries, that may be required to be given by the Company in connection with the Reincorporation, a copy of which such subsequent guaranties shall be promptly delivered to the Administrative Agent."

Parental Guarantee shall have the meaning set forth in Section 5.9(a).