Recourse Guaranty Agreement definition

Recourse Guaranty Agreement means that certain Recourse Guaranty Agreement of even date from Indemnitor for the benefit of Lender, as amended from time to time.
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Recourse Guaranty Agreement means that certain Mezzanine Recourse Guaranty Agreement of even date from Indemnitor for the benefit of Administrative Agent (for the benefit of Lender), as amended from time to time.
Sample 1
Recourse Guaranty Agreement means, collectively, (a) each Guaranty of Recourse Obligations executed and delivered by a Guarantor on the Closing Date; (b) each Substitute Guaranty and (c) each additional guaranty of recourse obligations executed and delivered to Administrative Agent by each Person who from time to time becomes a Guarantor hereunder, as the same may be, in each case, amended, restated, supplemented, or otherwise modified from time to time.
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Examples of Recourse Guaranty Agreement 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 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.

  • Limited Recourse Guaranty Agreement, dated as February 28, 2013 between the Borrower and Prospect Capital Corporation.

  • Guarantor shall not sell, lease, transfer, convey or assign any of its assets, unless such sale, lease, transfer, conveyance or assignment does not result in a violation of Guarantor’s obligations set forth in Section 12(b) of the Recourse Guaranty Agreement.

  • In addition, Guarantor shall neither become a party to any merger or consolidation, nor acquire all or substantially all of the assets of, a controlling interest in the stock of, or a partnership or joint venture interest in, any other entity, unless such merger, consolidation or acquisition does not result in a violation of Guarantor’s obligations set forth in Section 12(b) of the Recourse Guaranty Agreement.

  • As with the EPI Term Loan Guaranty, however, the Limited Recourse Guaranty Agreement dated November 6, 2017 (the “EPI Revolver Loan Guaranty”).

  • Furthermore, the foregoing limitation on liability shall not limit in any way the liability of Guarantor that may arise out of the obligations set forth in the Environmental Indemnity Agreement, the Recourse Guaranty Agreement, the Equity Funding Guaranty and the Carry Guaranty, each of even date herewith made by Guarantor and if applicable, Borrower, in favor of Lender.

  • Lender has also required that Indemnitor provide the Recourse Guaranty Agreement, which provides that Lender shall have recourse to Indemnitor to the extent of the recourse described in this Subsection 11.1(c).

  • The Guarantor and the Seller are parties to a Limited Recourse Guaranty Agreement dated as of March 21, 2001 (the "Guaranty Agreement").


More Definitions of Recourse Guaranty Agreement

Recourse Guaranty Agreement is defined in the Recitals.
Sample 1

Related to Recourse Guaranty Agreement

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • 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 Debt, 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:

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Subordination Agreement means a subordination agreement between the Administrative Agent (on behalf of itself and the Lenders) and the holders of any second Lien Permitted Junior Debt, in form and substance satisfactory to the Administrative Agent and the Required Lenders, pursuant to which such second Lien Permitted Junior Debt is subordinated to the Obligations, with only such modifications as are approved by the Administrative Agent and the Required Lenders.