Scope of Guarantee definition

Scope of Guarantee. The Guarantor will provide an unlimited joint and several liability guarantees for the repayment of $[ ] convertible Notes (principal and interest) issued by the Company under this Agreement should the investors choose not to convert the Notes into NMHI commons shares before the expiration of the Notes.
Scope of Guarantee. The Second Guarantee shall cover the principal amount of the Second Loan together with any interest, penalties, liquidated damages, other relevant expenses for realization of Bank of China (Zhengzhou Longxi)’s rights incurred. INFORMATION ABOUT THE GROUP, CCRE CHINA, CCRE TIHOME AND BANK OF CHINA (ZHENGZHOU LONGXI) The Group is principally engaged in the real estate development and sales in Henan Province, the PRC. CCRE China is a limited liability company established in the PRC. It is an indirect wholly- owned subsidiary of the Company and is mainly engaged in real estate development and sales and real estate investment in Henan Province, the PRC. CCRE Tihome is a limited liability company established in the PRC. It is held as to 51% and 49% by CCRE China and Xxxxx Xxxxxx respectively and is accounted for as a jointly- controlled entity of the Company as none of CCRE China and Henan Tihome has unilateral control over the economic activity of CCRE Tihome based on the decision-making process of the board of directors of CCRE Tihome. Bank of China (Zhengzhou Longxi) is a licensed commercial bank in the PRC and provides a variety of financial products and services to corporate and personal banking customers.

Examples of Scope of Guarantee in a sentence

  • Scope of guarantee: Upon the request of Xxxxx Xxxxxx, CCRE China provides a joint- liability guarantee to Bridge Trust on a voluntary basis with all its legally-owned property.

  • Scope of guarantee: The Guarantee shall cover the repayment obligations of CCRE Tihome under the Loan Agreement, including but not limited to the principal amount of the Loan together with any interest, penalties, liquidated damages, other relevant expenses for realisation of Bridge Trust’s rights incurred.

  • Scope of guarantee: Upon the request of CCRE Tianming, CCRE China provides a joint-liability guarantee to Bridge Trust on a voluntary basis with all its legally-owned property.

  • Scope of guarantee Each of the Substantial Shareholder I and the Substantial Shareholder II agreed in each of their respective agreement under the Substantial Shareholder Guarantee Agreements (Batch III) to undertake personal guarantee, on a joint and several basis, to satisfy any and all of the liabilities of Lessee II under the Finance Lease Agreement III and all incidental enforcement costs.

  • Scope of guarantee: The First Guarantee shall cover the principal amount of the First Loan together with any interest, penalties, liquidated damages, other relevant expenses for realization of Bank of China (Zhengzhou Longxi)’s rights incurred.

Related to Scope of Guarantee

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Guarantee used as a verb has a corresponding meaning.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Subsidiary to Administrative Agent pursuant to Section 6.14.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 7.12.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F 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.