Senior Note Guaranty definition

Senior Note Guaranty means any guaranty executed and delivered pursuant to the Senior Note Indenture.

Senior Note Guaranty means each Guaranty Agreement delivered by the Guarantors to the Trustee for the benefit of the holders of the Senior Notes.

Senior Note Guaranty means the Guaranty by the Borrower of the Series A and Series B 12% Senior Subordinated Notes due 2006 pursuant to the Indenture dated June 28, 1996.

Examples of Senior Note Guaranty in a sentence

• Overstock has agreed under the Senior Note Guaranty to, among other things, maintain, until all of the obligations guaranteed by Overstock under the Senior Note Guaranty have been paid in full, (i) a net worth in excess of $30 million and minimum liquid assets of $3 million for so long as the Mezzanine Note is outstanding, and (ii) a net worth in excess of $15 million and minimum liquid assets of $1 million from and after the date the Mezzanine Note has been paid in full.

• Further, Overstock serves as a guarantor under the Senior Note (the "Senior Note Guaranty") and the Mezzanine Note (the "Mezzanine Note Guaranty").

• The Permitted Financial Facilities, the Senior Note Guaranty and the completion guaranty to be executed by Borrower in connection therewith shall be permitted hereunder.

• Neither Borrower nor any Subsidiary have, as of the date thereof, any contingent liabilities of any material amount other than the Senior Note Guaranty and the existing guaranty of a portion of the Key Bank Facility by the Borrower.

• The Senior Note Guaranty Claims shall be Allowed in the aggregate amount of $573,518,194.

More Definitions of Senior Note Guaranty

Senior Note Guaranty means the Guaranty, dated October 23, 1996, made by the Borrowers in favor of the Chase Manhattan Bank, as Trustee, as amended, supplemented or otherwise modified in accordance with the terms of this Agreement and any Guaranty of the Senior Notes by any Credit Party as permitted by the terms of this Agreement.

Senior Note Guaranty means the collective reference to the Year 2006 Senior Note Guaranty and the Year 2010 Senior Note Guaranty.

Senior Note Guaranty means the Subsidiary Guaranty, dated as of December 17, 2003, executed and delivered by the Guarantors of Payment to the Senior Note Holders in connection with the Senior Note Purchase Agreement, as the same may from time to time be amended, restated or otherwise modified.

Senior Note Guaranty means the Guaranty, as defined in the Note Purchase Agreements.

Senior Note Guaranty shall have the meaning provided in the Recitals to this Agreement.

Senior Note Guaranty the guaranty by of the Subsidiary Guarantors (as defined in the Senior Notes Indenture) of the Senior Notes.

Senior Note Guaranty has the meaning set forth in the Recitals hereto.