Partnership Guarantee definition

Partnership Guarantee means the Partnership Guarantee Agreement dated as of ________ __, 1998 by the Company in favor of the Partnership Preferred Security Holders with respect to the Partnership Preferred Securities, as amended or supplemented from time to time.

Partnership Guarantee means the Partnership Guarantee Agreement dated as of , 1998, by the Company in favor of the Partnership Preferred Security Holders with respect to the Partnership Preferred Securities, as amended or supplemented from time to time.

Partnership Guarantee means the Partnership Guarantee Agreement dated as of the date hereof, by the New Guarantor in favor of the holders of the Partnership Preferred Securities, as amended or supplemented from time to time.

Examples of Partnership Guarantee in a sentence

• The Limited Partners shall have such rights as are set forth herein and in the Partnership Guarantee.

• Each Limited Partner shall look solely to the assets of the Partnership for all distributions with respect to the Partnership and such Partner's capital contribution (including returns thereof), and such Partner's share of profits or losses thereof, and shall have no recourse therefor (upon dissolution or otherwise) against the General Partner, except under the Partnership Guarantee.

• If no Special Representative has been appointed to enforce the Partnership Guarantee, the General Partner has the right to enforce the Partnership Guarantee on behalf of the Partnership Preferred Security Holders.

• In the event of an appointment of a Special Representative pursuant to Section 6.2(i), among other things, to enforce the Partnership Guarantee, the Special Representative may take possession of the Partnership Guarantee for such purpose.

• The Partnership Preferred Security Holders, by acceptance of such Partnership Preferred Securities, acknowledge and agree to the subordination provisions in, and other terms of, the Partnership Guarantee.

More Definitions of Partnership Guarantee

Partnership Guarantee means the Partnership Guarantee Agreement between the Company and The Bank of New York, as trustee, dated as of _____________, 1997, by the Company in favor of the Partnership Preferred Security Holders with respect to the Partnership Preferred Securities, as amended or supplemented from time to time.

Partnership Guarantee means --------------------- the guarantee, if any, that the Company may enter into that operates directly or indirectly for the benefit of holders of Partnership Preferred Securities, if any, issued by the Partnership.

Partnership Guarantee means the Guarantee of the Partnership hereunder.

Partnership Guarantee means the Partnership Guarantee Agreement between HEI and The Bank of New York, as trustee, dated as of February 1, 1997 by HEI in favor of the Partnership Preferred Security Holders with respect to the Partnership Preferred Securities, as amended or supplemented from time to time.

Partnership Guarantee means the Preferred Partnership Securities Guarantee Agreement between TXU Europe and The Bank of New York, as trustee, dated as of March 2, 2000, in favor of the holders of the Preferred Partnership Securities with respect to the Preferred Partnership Securities, as amended or supplemented from time to time.

Partnership Guarantee means the Partnership Guarantee, dated as of July 31, 1996, of the Company in favor of the Trustee, guaranteeing the obligations of Funding Corp. under the Indenture and the First Series Supplemental Indenture.

Partnership Guarantee means the Partnership Guarantee Agreement dated as of , 1998, by the Company in favor of the Partnership Preferred Security Holders with respect to the Partnership Preferred Securities, as amended or supplemented from time to time. "Partnership Preferred Securities" has the meaning set forth in Section 1.1 of the Limited Partnership Agreement. "Partnership Special Event" has the meaning set forth in Section 1.1 of the Limited Partnership Agreement. "Payment Amount" has the meaning set forth in Section 7.1(a) of this Declaration. "Paying Agent" has the meaning set forth in Section 3.8(g) of this Declaration. "Person" means a legal person, including any individual, corporation, estate, partnership, joint venture, association, joint stock company, limited liability company, trust, unincorporated association, or government or any agency or political subdivision thereof, or any other entity of whatever nature. "Preferred Security Beneficial Owner" means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, or each case in accordance with the rules of such Clearing Agency). "Property Account" has the meaning set forth in Section 3.8(c) of this Declaration. "Property Trustee" means the Trustee meeting the eligibility requirements set forth in Section 6.3 of this Declaration. "Pro Rata" means, in reference to any distributions on or redemptions of Trust Securities or the distribution of Partnership Preferred Securities or any other payment with respect to Trust Securities in connection with a Trust Special Event or liquidation of the Trust, pro rata to each Holder of Trust Securities according to the aggregate liquidation amount of the Trust Securities held by the relevant Holder in relation to the aggregate liquidation amount of all Trust Securities outstanding.