Recourse Guaranty definition

Recourse Guaranty means that certain Guaranty of Recourse Obligations of Borrower, dated as of the date hereof, by Guarantor in favor of Lender, as the same may be amended, supplemented, restated or otherwise modified from time to time.

Recourse Guaranty means any general recourse guarantee by the Borrower or any Subsidiary of Indebtedness pursuant to a Receivables Securitization, which guarantee is either unsecured or secured solely by a pledge of the Equity Interests of the Securitization Entity that is a party to such Receivables Securitization.

Recourse Guaranty means any general recourse guarantee by U.S. Cellular or any of its Subsidiaries of Indebtedness pursuant to a Receivables Securitization, which guarantee is either unsecured or secured solely by a pledge of the Equity Interests of the Securitization Entity that is a party to such Receivables Securitization, and only to the extent that such guaranty is permitted by the U.S. Cellular Revolving Loan Facility.

Examples of Recourse Guaranty in a sentence

• The occurrence of a default under the Recourse Guaranty Agreement and such default is not cured within any grace or cure periods provided therein.

• To the extent that Administrative General Partner or its Related Party is required to pay amounts under any Recourse Guaranty (a “Recourse Guaranty Payment”) for any reason, the Partnership shall upon five days’ written demand reimburse the Administrative General Partner or its Related Party (as applicable) for any Recourse Guaranty Payment, plus interest thereon, at the lesser of (i) 10% per annum compounded annually and (ii) the maximum interest rate permitted by law.

• To secure the payment and performance of all of the Borrower's obligations hereunder and under the Note, the Borrower shall grant the Lender a continuing first priority security interest in the TRG Collateral pursuant to the TRG Pledge Agreement and shall cause its wholly owned subsidiary OAM to grant to the Lender a continuing first priority security interest in the OAM Collateral pursuant to the Limited Recourse Guaranty Agreement and the OAM Pledge Agreement.

• As a condition precedent to the execution of the First Lien Credit Agreement, EPI executed a Limited Recourse Guaranty Agreement (“EPI Term Loan Guaranty”) to satisfy the liabilities and obligations incurred under the First Lien Credit Agreement.

• Notwithstanding anything contained in this Agreement, (i) the Administrative General Partner shall not be required to pay any Recourse Guaranty Payment for any Authorized Financing until such Authorized Financing is paid in full; and (ii) the Managing General Partner shall not be responsible to pay any Recourse Guaranty Payment at any time.

More Definitions of Recourse Guaranty

Recourse Guaranty means that certain Guaranty of Recourse ----------------- Obligations of even date herewith, in form and substance satisfactory to Lender in its sole discretion, from Guarantor for the benefit of Lender.

Recourse Guaranty means that certain Mezzanine A Loan Limited Recourse Guaranty executed by Guarantor and dated as of the date hereof, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Recourse Guaranty means the Recourse Guaranty executed by Guarantor to Administrative Agent (on behalf of the Lenders) on the Closing Date, as the same may be modified, supplemented or amended from time to time.

Recourse Guaranty means the guaranty of recourse obligations, dated as of the Closing Date, made in favor of Lender by Sponsor.

Recourse Guaranty means that certain Guaranty of Recourse Obligations of even date herewith from Guarantor for the benefit of Agent (on behalf of Lenders), as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Recourse Guaranty means that certain Amended and Restated Guaranty of Recourse Obligations, dated as of October 31, 2007, made by the Stockbridge Guarantors and SBE Entertainment Group, LLC, a California limited liability company, as may be amended, restated, replaced, severed, split, supplemented or otherwise modified from time to time.

Recourse Guaranty means that certain Guaranty of Recourse Obligations of Borrower, dated as of the date hereof, by Guarantor in favor of Administrative Agent, as the same may be amended, supplemented, restated or otherwise modified from time to time. Register shall have the meaning set forth in Section 15.2. Regulatory Change shall mean any change after the date of this Agreement in federal, state or foreign laws or regulations or the adoption or the making, after such date, of any interpretations, directives or requests applying to Administrative Agent, any Lender, or any Person Controlling Administrative Agent or a Lender or to a class of banks or companies Controlling banks of or under any federal, state or foreign laws or regulations (whether or not having the force of law) by any court or Governmental Authority or monetary authority charged with the interpretation or administration thereof. Rents shall mean all rents, rent equivalents, moneys payable as damages or in lieu of rent or rent equivalents, royalties (including, without limitation, all oil and gas or other mineral royalties and bonuses), income, receivables, receipts, revenues, deposits (including, without limitation, security, utility and other deposits), accounts, cash, issues, profits, charges for services rendered, and other consideration of whatever form or nature received by or paid to or for the account of or benefit of Borrower and/or Operating Lessee from any and all sources arising from or attributable to the Property and Proceeds, if any, from business interruption or other loss of income insurance. Required Lenders shall mean, at any date, those Lenders holding in aggregate greater than 2/3rd of the outstanding principal portion of the Loan; provided, that such Lenders shall be entitled to their voting, consent and approval rights.