Payment Guarantor definition

Payment Guarantor means each of Holdings, Parent Entity, each subsidiary of Holdings (other than Borrower) and each other Person party to the Payment Guaranty from time to time.
Payment Guarantor means those Persons executing the Payment Guaranty. As of the Closing Date, a Payment Guarantor is not applicable.
Payment Guarantor. - means the Project Entity.

Examples of Payment Guarantor in a sentence

  • The non-paying Applicant will be liable for payment of the entire amount due, interest, costs, charges and expenses accrued (and will not be entitled to profits, if any), and the Company and/or Payment Guarantor may enforce payment for any such amount outstanding.

  • Borrower has delivered to Lender all formation and organizational documents of Borrower, and of the Payment Guarantor, and all such formation and organizational documents remain in full force and effect and have not been amended or modified since they were delivered to or otherwise approved by Lender.

  • All financial statements and information relating to the financial condition of Borrower, Payment Guarantor, the Property, and the Improvements, which have been heretofore and hereafter are delivered to Lender by Borrower, fairly and accurately represent as of the date of such delivery the financial condition of the subject thereof and have been prepared (except as noted therein) in accordance with generally accepted accounting principles consistently applied.

  • The non-paying Applicant will be liable for any loss, cost and expenses suffered or incurred by the Company and/or the Payment Guarantor as a result of or in connection with such disposal.

  • Each Maximization Payment Guarantor has a security interest in the Aggregate Net Surplus as security for the Maximization Reimbursement Obligation, and has all rights of a secured creditor under the New York Uniform Commercial Code.


More Definitions of Payment Guarantor

Payment Guarantor means Behringer Harvard Opportunity REIT I, Inc., a Maryland corporation.
Payment Guarantor means collectively, Woda Construction, Inc., an Ohio corporation, Woda Cooper Companies, Inc., an Ohio corporation, The Woda Group, Inc., an Ohio corporation, and Woda Cooper Communities, LLC, an Ohio limited liability company.
Payment Guarantor means collectively or individually, as the context requires, Leasehold Holder and Holdco, each being individually, a “Payment Guarantor”.
Payment Guarantor means each of Holdings(x) prior to a Parent Reorganization Transaction, Parent Entity, (y) following a Parent Reorganization Transaction, Katapult Intermediate III and (z) at all times, Holdings, each subsidiary of Holdings (other than Borrower) and each other Person party to the Payment Guaranty from time to time.
Payment Guarantor. - means the Project Entity and Ferry Building Associates, LLC, a California limited liability company.
Payment Guarantor means any Person that now or hereafter executes a Payment Guaranty in favor of WFB including, without limitation, the Person or Persons set forth on the Schedule 1 annexed hereto. The term Guarantor shall not include any Person who executes a Validity Guaranty unless such Person also executes a Payment Guaranty.
Payment Guarantor shall have the meaning specified in Section 5.3. -----------------