Polish Guarantor definition

Polish Guarantor has the meaning specified in Section 7.09(p)(i).
Polish Guarantor means any Guarantor organized or incorporated in Poland. “PPSA” means the Personal Property Security Act (Ontario), including the regulations and Minister’s orders thereto, provided that if perfection or the effect of perfection or non-perfection or the priority of any Lien created under the Collateral Documents on the Collateral is governed by the personal property security legislation or other applicable legislation with respect to personal property security in effect in a jurisdiction in Canada other than the Province of Ontario, “PPSA” means the Personal Property Security Act or such other applicable legislation (including the Civil Code of Quebec) in effect from time to time in such other jurisdiction in Canada for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority.
Polish Guarantor shall have the meaning set forth in Section 9.13.

Examples of Polish Guarantor in a sentence

  • The Default Interest with respect to any Polish Guarantor is subject to mandatory limitations imposed by Article 359 of the Polish Act on the Civil Code of 23 April 1964 (Journal of Laws No. 16, item 93, as amended).

  • The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under the Indenture and the Notes in relation to the Principal Obligations and the Parallel Obligations, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off-balance sheet obligations of the Polish Guarantor.

  • The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under this Article VII, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off‑balance sheet obligations of the Polish Guarantor.

  • The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under this Article VII, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off-balance sheet obligations of the Polish Guarantor.

  • Polish law is amended in such a manner that balance sheet insolvency ( niewyplacalność) as provided for in Article 11, paragraph 2 of the Polish Bankruptcy Law no longer gives grounds for bankruptcy or no longer obliges the Polish Guarantor to file for bankruptcy.

  • The Polish Guarantor has been duly organized and is validly existing and in good standing under the laws of Poland.

  • Each Finance Party agrees that the guarantee, indemnity and any other obligations of each Guarantor incorporated in Poland (a POLISH GUARANTOR) which is a joint-stock company (spolka akcyjna) assumed under this Agreement and any Security provided pursuant to the terms of this Agreement by such Polish Guarantor shall not include and shall not extend to any amount of the Facilities utilised in breach of Article 345 ss.

  • The First Supplemental Indenture and the Guarantee of the Polish Guarantor have been duly authorized, executed and delivered by the Polish Guarantor.

  • The Polish Guarantor has all necessary power and authority to execute, deliver and perform its obligations under the First Supplemental Indenture and the Guarantee of the Polish Guarantor.

  • The execution, delivery and performance by the Polish Guarantor of the First Supplemental Indenture, the Guarantee of the Polish Guarantor and the transactions contemplated thereby have been duly authorized by all necessary action by the Polish Guarantor.


More Definitions of Polish Guarantor

Polish Guarantor as defined in Section 7.14(d)(i).
Polish Guarantor means a Guarantor incorporated and established under the laws of Poland.
Polish Guarantor means a Guarantor incorporated and established under the laws of Poland. “Preferred” as applied to the Equity Interests of any Person, means any Equity Interests of such Person (other than common Equity Interests of such Person) of any class or classes (however designed) that rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to the Equity Interests of any other class of such Person.

Related to Polish Guarantor

  • Canadian Guarantor means any Guarantor organized under the laws of Canada or a province or territory thereof.

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • Guarantor means: .............................................................................................................................................

  • Swiss Guarantor means any Guarantor incorporated or organized under the laws of Switzerland.

  • Dutch law means the law directly applicable in the Netherlands.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • Bermuda means the Islands of Bermuda;

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

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