Securities Guarantee definition

Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

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Securities Guarantee means the Common Securities Guarantee and the Preferred Securities Guarantee.

Securities Guarantee means the Guarantee by each Guarantor of the Company’s Obligations under this Indenture and any series of Securities.

Examples of Securities Guarantee in a sentence

• Each Guarantor that makes a payment under its Securities Guarantee shall be entitled upon payment in full of all Guaranteed Obligations under this Indenture to a contribution from each other Guarantor in an amount equal to such other Guarantor’s pro rata portion of such payment based on the respective net assets of all the Guarantors at the time of such payment determined in accordance with GAAP.

• To effectuate the foregoing intention, the First Lien Collateral Agent, the Secured Parties and the Notes Guarantors hereby irrevocably agree that the Guaranteed Obligations of each Notes Guarantor under this Offered Securities Guarantee at any time shall be limited to the maximum amount as will result in the Guaranteed Obligations of such Notes Guarantor under this Offered Securities Guarantee not constituting a fraudulent transfer or conveyance.

• A director, officer, employee or stockholder, as such, of the Company or any Guarantor shall not have any liability for any obligations of the Company under the Securities or this Indenture or of such Guarantor under its Securities Guarantee or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation.

More Definitions of Securities Guarantee

Securities Guarantee means the Securities Guarantee issued by the Guarantor in accordance with Article IV hereunder.

Securities Guarantee means the Guarantee by each Guarantor of the Issuer’s payment obligations under this Indenture or any indenture supplemental thereto, and on the Securities of any series, executed pursuant to the provisions of this Indenture as so supplemented.

Securities Guarantee means the Guarantee Agreement dated as of April 3, 2006 of the Initial Purchaser of Common Securities in respect of the Trust Securities.

Securities Guarantee means the Capital Securities Guarantee.

Securities Guarantee means each guarantee of the obligations of the Issuer under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

Securities Guarantee means the guarantee agreement to be dated -------------------- as of ________, 199_, of the Sponsor in respect of the Securities. "Sponsor" means The Washington Water Power Company, a Washington ------- corporation, or any successor entity resulting from any consolidation, amalgamation, merger or other business combination, in its capacity as sponsor of the Trust.

Securities Guarantee means the Guarantee of the Securities of this series by a Subsidiary.