Parental Guarantee definition

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).

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.

Examples of Parental Guarantee in a sentence

• This Parental Guarantee Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by an instrument in writing signed by the Parties hereto, or, in the case of a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

• No waiver of any breach of this Parental Guarantee Agreement shall be held to constitute a waiver of any other or subsequent breach.

• The rights and obligations of the Parties under this Parental Guarantee Agreement shall not be subject to assignment without the prior written consent of the other Parties, and any attempted assignment without the prior written consent of the other Parties shall be invalid ab initio.

• 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.

• The terms of this Parental Guarantee Agreement shall be binding upon, inure to the benefit of and be enforceable by and against the successors and permitted assigns of the Parties.

More Definitions of Parental Guarantee

Parental Guarantee has the meaning set forth in the Recitals.

Parental Guarantee means a guarantee from a satisfactory parent guarantor of Seller that is acceptable 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.

Parental Guarantee means a guarantee from a satisfactory parent guarantor of Seller that is acceptable to Buyer and meets all the requirements of Article 9 as if it were Seller. The Parental Guarantee shall be in form and substance satisfactory to Buyer in its discretion. a n d " P a r t i e s " s h a l l h a v e t h e m e a n i n g s a s s i g n e d t o i t in t h e P r e a m b l e . " P e r f o r m a n c e A s s u r a n c e " m e a n s t h e D e v e l o p m e n t P e r i o d S e c u r i t y a n d D e l i v e r y T e r m S e c u r i t y , a s a p p l i c a b l e . " P e r f o r m a n c e L i q u i d a t e d Damages" h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 3.5 h e r e o f .

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 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 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."