Preferred Securities Guarantee definition

Preferred Securities Guarantee means the guarantee agreement to be dated as of __________, 1996, of the Sponsor in respect of the Preferred Securities.

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Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operate directly or indirectly for the benefit of holders of Preferred Securities.

Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities.

Examples of Preferred Securities Guarantee in a sentence

• Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

• This Preferred Securities Guarantee creates a guarantee of payment and not of collection.

• All guarantees and agreements contained in this Preferred Securities Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Preferred Securities then outstanding.

• This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

• The Preferred Guarantee Trustee makes no representation as to the validity or sufficiency of this Preferred Securities Guarantee.

More Definitions of Preferred Securities Guarantee

Preferred Securities Guarantee means the guarantee agreement to be dated as of ______, 1995, of the Sponsor in respect of the Preferred Securities.

Preferred Securities Guarantee means the guarantee agreement to be dated as of December 20, 1996, of the Sponsor in respect of the Preferred Securities.

Preferred Securities Guarantee means the guarantee by the Company in its capacity as guarantor with respect to the Preferred Securities of a RenaissanceRe Trust, of distributions on such Preferred Securities to the extent provided in the Preferred Securities Guarantee Agreement.

Preferred Securities Guarantee means any guarantee agreement executed by the Company with respect to the Preferred Securities issued by a MetLife Trust pursuant to which the Company agrees to pay the guarantee payments under any such guarantee agreement to the holders of such Preferred Securities.

Preferred Securities Guarantee means the guarantee agreement of the Sponsor in respect of the Preferred Securities.

Preferred Securities Guarantee means any guarantee agreement that the Corporation may enter into with The Bank of New York, as guarantee trustee, or its successor or assigns or other Persons that operates directly or indirectly for the benefit of holders of the Preferred Securities and shall include the Preferred Securities Guarantee with respect to the Preferred Securities.

Preferred Securities Guarantee means the guarantee agreement dated as of ______, ___, by the Sponsor in respect of Preferred Securities.