Examples of Principal Guarantor in a sentence
This Guaranty shall be reinstated if at any time following the termination of this Guaranty, any payment by Guarantor under this Guaranty or pursuant hereto is rescinded or must otherwise be returned by the Beneficiary or other person upon the insolvency, bankruptcy, reorganization, dissolution or liquidation of Principal, Guarantor or otherwise, and is so rescinded or returned to the party or parties making such payment, all as though such payment had not been made.
So long as any of the Notes under this Series remain outstanding, each Principal Guarantor must ensure that, as at each Measurement Date, Consolidated Total Net Borrowings do not exceed an amount equal to 50 per cent.
Interest cover So long as any of the Notes under this Series remain outstanding, each Principal Guarantor must ensure that on each Measurement Date the ratio of Consolidated EBITDA to Net Finance Charges is not, in respect of the Measurement Period ending on that Measurement Date, less than 2.50 to 1.
This Condition does not apply (i) in the case of the Principal Guarantor; or(ii) in the case of Australian Pipeline Limited in its capacity as trustee and responsible entity of APTIT for so long as the units in APTIT are stapled to the units of the Australian Pipeline Trust.All Guarantors shall be deemed to be aware of and bound by the provisions of this Condition and any release pursuant to it.
This Condition does not apply (i) in the case of the Principal Guarantor; or (ii) in the case of Australian Pipeline Limited in its capacity as trustee and responsible entity of APTIT for so long as the units in APTIT are stapled to the units of the Australian Pipeline Trust.All Guarantors shall be deemed to be aware of and bound by the provisions of this Condition and any release pursuant to it.
Such a meeting may be convened by the Issuer, the Principal Guarantor or the Trustee and shall be convened by the Issuer if required in writing by Noteholders holding not less than ten per cent.
RequirementsYou must confirm that the Borrower, Key Principal, Guarantor, and Principals:Are not sanctioned or blocked by OFAC.Do not exhibit “red flags” that indicate a high risk of money laundering.
However, the Seller has charged certain lands and properties to the Principal Guarantor.
On the: • Deal Participant page, submit data for each- Borrower,- Key Principal,- Guarantor,- Sponsor (which may be the same as the Key Principal), and- Principal; and • Collateral page, submit data for each Property, including the rent roll.
Interests in Borrower, Key Principal, Guarantor, or Affiliated Property Operator.