Qualified Borrower Guaranty definition

Qualified Borrower Guaranty means a full and unconditional guaranty of payment in the form of Exhibit L attached hereto, enforceable against Borrower for the payment of a Qualified Borrower’s debt or obligation to the Lenders.
Qualified Borrower Guaranty and “Qualified Borrower Guaranties” have the meanings provided in Section 6.3.
Qualified Borrower Guaranty has the meaning provided in Section 6.3(b).

Examples of Qualified Borrower Guaranty in a sentence

  • Nothing, including, without limitation, any Borrowing, any Rollover or acceptance of any Qualified Borrower Guaranty or other document or instrument, shall be construed as a representation or warranty, express or implied, to any party by the Lenders or the Administrative Agent as to whether any investment by the Borrowers is permitted by the terms of the Constituent Documents of any Credit Party.

  • The Administrative Agent shall have received a favorable written opinion of counsel for the Borrowers with respect to the Qualified Borrower Guaranty, in form and substance satisfactory to the Administrative Agent; (h) “Know Your Customer” Information and Documents.


More Definitions of Qualified Borrower Guaranty

Qualified Borrower Guaranty means a full and unconditional guaranty of payment in the form ofExhibit H attached hereto, enforceable against Borrower for the payment of a Qualified Borrower’s debt or obligation to the Banks.
Qualified Borrower Guaranty and such guaranties, collectively, the “Qualified Borrower Guaranties”), which shall be enforceable against such Fund for the payment of a Qualified Borrower’s Obligations to the Lenders;
Qualified Borrower Guaranty means a full and unconditional guaranty of payment in the form of Exhibit L attached hereto, enforceable against Borrower for the payment of a Qualified Borrower’s debt or obligation to the Lenders. <“Qualified Ground Lease” means a ground lease of Property containing the following terms and conditions: (a) a remaining term (exclusive of any unexercised extension options that are subject to terms or conditions not yet agreed upon and specified in such ground lease or an amendment thereto, other than a condition that the lessee not be in default under such ground lease) of 30 years or more from the Amendment Effective Date; (b) (i) the right of the lessee to mortgage and encumber its interest in the leased property without the consent of the lessor or (ii) an affirmative grant of such right from the lessor to the immediately preceding mortgagee of the leased property; (c) the obligation of the lessor to give the holder of any mortgage Lien on such leased property written notice of any defaults on the part of the lessee and agreement of such lessor that such lease will not be terminated until such holder has had a reasonable opportunity to cure or complete foreclosures, and fails to do so; and (d) reasonable transferability of the lessee’s interest under such lease, including the ability to sublease.>

Related to Qualified Borrower Guaranty

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • 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.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • 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: