Personal Guaranties definition

Personal Guaranties has the meaning set forth in Section 5.14.
Sample 1
Personal Guaranties means those certain Personal Guaranties dated of even date herewith executed by the Personal Guarantors in favor of the Lender, pursuant to which the Personal Guarantors have guaranteed, amongst other things, repayment of the Loan.
Sample 1
Personal Guaranties means the personal guaranties to be executed by Elrox Xxxxxxxxxx xxx Davix Xxxxxxxx xx secure the repayment by North Star of the Promissory Note in the form of Exhibit A attached hereto.
Sample 1

Examples of Personal Guaranties in a sentence

  • Following the determination of the amount of losses incurred with respect to purchase order advances and purchased invoices on the books of Employer at the time of Employee’s termination of employment from Employer (the “Adjusted Guaranty Amount”), Employer and Parent shall take action to obtain releases of the Personal Guaranties to the extent required so that Employee’s total liability with respect thereto does not exceed the Adjusted Guaranty Amount.

  • If any such Personal Guaranties are not released within ninety (90) days of the Closing, Purchaser shall indemnify Sellers and hold them harmless for and from any and all claims and any and all losses by and all losses arising under such Personal Guaranties for obligations under such Personal Guaranties arising because of advances or obligations arising under the Guarantied Loans after the Closing.

  • ALL COLLATERAL INCLUDING BUT NOT LIMITED TO: Real Estate Mortgage dated 6-12-2006 and Security Agreement dated 6-12-2006 siting the assignment of Pre-Construction Services Agreement and Personal Guaranties from Xxxx X.

  • Schedule 4.32 describes all guaranties of Sellers of any obligations (including, without limitation, any lease obligations) of MMI (the "Personal Guaranties").

  • Purchaser shall make best efforts to obtain the release or termination of all Personal Guaranties from PGM's lenders within ninety (90) days from the date of Closing.

  • In addition to the Note, both individuals also signed Individual Personal Guaranties.

  • As part of basic services, Tenant may order up to six (6) hours in the aggregate of HVAC services on each weekend.

  • Except in the case of a lay-off, travel time will only be paid provided the Employee remains in employment for a minimum of 21 calendar days measured from the date of arrival at the Contractor’s camp site; travel time shall be paid with the Employee’s first pay which occurs subsequent to the aforementioned 21 calendar day period.

  • In consideration for Employee providing the $300,000 Personal Guaranties, Employee shall receive an option grant covering 112,500 shares of Parent’s common stock exercisable at the price of $1.00 per share.

  • Schedule 4.32 describes all guaranties of Sellers of any obligations of PGM (the "Personal Guaranties").


More Definitions of Personal Guaranties

Personal Guaranties has the meaning set forth in Section 3.1 (a)
Sample 1
Personal Guaranties means the separate Guaranties of the Indebtedness dated as of March 8, 2006, executed and delivered by Xxxxxx Xxxxxxxxxxx, Xxxxx Xxxxxxxx, and Xxxxxxx Xxxx, as amended on the date hereof, and as further amended from time to time.
Sample 1
Personal Guaranties. (a) Preliminary New Working Capital Adjustment" 2.4 (a) Purchaser Claims Period" 9.1(c) "Purchaser Indemnified Party" 9.2 "Purchaser Indemnifying Party" 9.3 "Real Estate Purchase Contract" 6.6(d) "Restricted Activity" 6.8(b) "Seller Indemnified Party" 9.3 "Seller Indemnifying Party" 9.2(a) "Seller's Landlord" 6.6(d) "Third Party Claim" 9.4
Sample 1
Personal Guaranties means the personal guaranties of Xxxxxxx Xxxx and spouse, and Xxxxxxxx Xxxx and spouse of the Note in substantially the form attached as Exhibit F. "S & B Realty" means S & B Realty, LLP, a Minnesota limited liability partnership under the laws of the State of Minnesota, its successors and assigns.
Sample 1

Related to Personal Guaranties

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • 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.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • 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.

  • Guaranties means the Company Guaranty and the Subsidiary Guaranty.

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

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Michigan national guard means that term as defined in section 105 of the Michigan military act, 1967 PA 150, MCL 32.505.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Personal Grievance means a claim that an employee: (a) Has been unjustifiably dismissed; or (b) has had his/her employment, or his/her conditions of employment, affected to (c) his/her disadvantage by some unjustifiable action by the employer; or (d) has been discriminated against in his/her employment; or (e) has been sexually harassed in his/her employment; or (f) has been racially harassed in his/her employment; or (g) has been subjected to duress in relation to union membership.

  • 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.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries”.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

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

  • 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).

  • 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.

  • 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.

  • 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.

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;