Senior Guaranty definition

Senior Guaranty has the meaning set forth in the Recitals to this Agreement.

Senior Guaranty means the guaranty of the Credit Agreement Obligations from (i) the Guarantors pursuant to Section 7 of the Credit Agreement and (ii) any additional Subsidiaries of Holdings pursuant to a Counterpart Agreement delivered to Administrative Agent in connection with Section 5.9 of the Credit Agreement.

Senior Guaranty means that certain Guaranty dated as of March 7, 2014 executed and delivered by the parties thereto as guarantors in favor of Senior Creditor, as the same may be amended, modified, restated or supplemented from time to time.

Examples of Senior Guaranty in a sentence

• On or as soon as practicable after the Final Distribution Date, after initial distributions are made to Holders of Disputed Claims that have become Allowed General Unsecured Claim against a Filed Subsidiary Debtor during the preceding calendar quarter, any Distributable Cash remaining in the Subsidiary GUC Reserve(s) shall become Remaining Distributable Cash and shall be distributed Pro Rata to the Holders of Allowed Senior Loan Claims and Allowed Senior Guaranty Claims.

• As provided in Section 3.3.3 hereof, prior to distributing Remaining Distributable Cash that would otherwise be made to Holders of Senior Guaranty Claims pursuant to Section 3.3.3 of this Plan, the Senior Loan Agent shall retain the Senior Lender Holdback from such distributions to be used for the reimbursement of fees and/or expenses incurred by JPMorgan as set forth in Section 7.3.3 below.

• Votes cast by Holders of Senior Guaranty Claims in Classes 50C through 111C shall be counted as votes cast on the relevant Prepackaged Plan prepared on behalf of the relevant Guarantor Non-Debtors.

• The consummation of this Plan shall effect and constitute a full and final release, extinguishment and cancellation of any and all Senior Guaranty Claims and any and all Bridge Loan Guaranty Claims against Guarantor Non-Debtors.

• Senior Guaranty Claims are Impaired, and Holders of Senior Guaranty Claims are entitled to vote to accept or reject the relevant Prepackaged Plan.

More Definitions of Senior Guaranty

Senior Guaranty means the Deed of Guarantee No. 6 dated as of April 11, 2000 among the Issuer, as guarantor, Citibank Rt., as Security Agent and beneficiary and Hungarotel Távközlési Koncessziós Részvénytársaság, RÁBA-COM Távközlési Koncessziós Részvénytársaság, Pápa és Térsége Távközlési Koncessziós Részvénytársaság, and KNC Kelet-Nógrád COM Távközlési Koncessziós Részvénytársaság, as countersignors;

Senior Guaranty means the Deed of Guarantee No. 6 dated as of April __, 2000 among the Issuer, as guarantor, Citibank International plc, as Facility Agent and beneficiary, Citibank Rt., as Security Agent and beneficiary and Hungarotel Tavkozlesi Koncesszios Reszvenytarsasag, RABA-COM Tavkozlesi Koncesszios Reszvenytarsasag, Papa es Tersege Tavkozlesi Koncesszios Reszvenytarsasag, and KNC Kelet-Nograd COM Tavkozlesi Koncesszios Reszvenytarsasag, as countersignors;

Senior Guaranty means the Guarantee of the Senior Notes by the Company pursuant to, and as described in, the Senior Note Indenture.

Senior Guaranty means the guaranty of the Guarantor under that certain Guarantee and Collateral Agreement, dated as of July 31, 2002, by Williams Production RMT Company, the -8- Guarantor and each of the other signatories thereto in favor of the Senior Agent.

Senior Guaranty collectively, the Master Guaranty of even date herewith executed by the Subsidiaries and the Guaranty of even date herewith executed by United Shipping & Technology, Inc. ("Parent").

Senior Guaranty means the guaranty of each Guarantor set forth in Article IX.

Senior Guaranty means that certain Guaranty of Recourse Obligations made by Xxxxxxx Xxxxx and Xxxxxxxxxx Xxxxx in favor of Senior Lender as the same may be amended, restated, replaced, supplemented or modified.