Sponsor Guarantees definition

Sponsor Guarantees has the meaning set forth in the Recitals.
Sponsor Guarantees means all obligations of the Holder Representative or any of its Affiliates under any Contract or other obligation in existence as of the Closing Date for which the Holder Representative or any of its Affiliates is, or may be, liable as guarantor or for which the Holder Representative or any of its Affiliates is, or may be, required to provide financial support, in each case with respect to the Company or any of its Subsidiaries, in any form whatsoever.
Sponsor Guarantees has the meaning ascribed thereto in Section 4.1(c);

Examples of Sponsor Guarantees in a sentence

  • Notwithstanding anything to the contrary contained herein or in the Sponsor Guarantees, the aggregate damage claims for which the Purchaser and the persons providing the Sponsor Guarantees shall be liable shall not exceed the aggregate amount of the Sponsor Guarantees.

  • No event has occurred which, with or without notice, lapse of time or both, would constitute a default on the part of Purchaser under any of the Equity Funding Letter, the Sponsor Guarantees or the Commitment Letter.

  • Each of the Equity Funding Letter and Sponsor Guarantees, in the form so delivered, is a legal, valid and binding obligation of the parties thereto, and solely in the case of the Sponsor Guarantees, enforceable by Fairmont in accordance with its terms and is in full force and effect as of the date hereof.

  • This Agreement (including the exhibits and schedules hereto), the Sponsor Guarantees and the Confidentiality Agreements constitute the entire agreement, and supersede all other prior agreements and understandings, both written and oral, between the parties, or any of them, with respect to the subject matter hereof and thereof.

  • Castle Harlan Partners IXX, X.X. xxx Castle Harlan Partners IX, X.X. (xxxxectively, the "Sponsor") shall on the Effective Date, execute and deliver to the Administrative Agent for the benefit of the Lenders the Sponsor Guarantees in the form of Exhibit A.

  • Parent has delivered to the Company true, correct and complete copies of the duly executed Sponsor Guarantees.

  • The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Sponsor Guarantees or Other Security or to exercise any rights or powers arising under the Sponsor Guarantees or any Other Security except through the Security Trustee.

  • Thereafter, on each date referred to in the next sentence, the Borrower shall Fully Fund the Debt Service Reserve Account with, to the extent available, (x) cash withdrawals from the Revenue Account permitted under Section 2.19(c)(v) and/or (y) one or more Sponsor Guarantees (or supplements to existing Sponsor Guarantees) and/or Account Letters of Credit.

  • The Offshore Collateral Agent (acting upon the specific written direction of the applicable Facility Administrative Agent) shall apply amounts received by it pursuant to the Sponsor Guarantees to Obligations due and payable in accordance with Section 6.2.

  • The Security Trustee declares that it shall hold the Sponsor Guarantees and any other Security granted to and accepted by it as security for the Borrower’s obligations under this Agreement (“Other Security”) on trust for the Finance Parties on the terms contained in this Agreement.


More Definitions of Sponsor Guarantees

Sponsor Guarantees means, collectively, the ICA Guarantee and the Nacional Guarantee.
Sponsor Guarantees means the guarantees granted or to be granted by the Sponsor Group Shareholders, in the case of PBL pursuant to paragraph 3(b) of Schedule 2, Part I (Conditions precedent to initial Utilisation), and maintained in accordance with Clause 19.13 (Sponsor Guarantees).
Sponsor Guarantees means any guarantee or guarantees of the Company's obligations to SEB or OPIC executed by the Sponsor in favor of SEB or OPIC at any time.
Sponsor Guarantees means that certain general continuing guarantee, (a) dated as of even date herewith, executed and delivered by Aurora Resurgence Fund (C) L.P., Aurora Resurgence Fund L.P. and Aurora Resurgence Fund (NB) L.P. in favor of Agent, for the benefit of the Secured Parties, of the Obligations, (b) that certain general continuing guaranty, dated of even date herewith, executed and delivered by Equity Group Investments, LLC or an Affiliate thereof in favor of Agent, for the benefit of the Secured Parties, of the Obligations and (c) any other general and continuing guarantee of the Obligations executed and delivered by any Sponsor or other Person owning the Stock of the Parent in favor of the Agent for the benefit of the Secured Parties, on terms and conditions acceptable to Agent and the Required Lenders, as the same may be amended, modified, replaced or otherwise restated from time to time.

Related to Sponsor Guarantees

  • Permitted Guarantees means any guarantee:

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Guarantees As defined in the preamble hereto.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Note Guarantees means the Guarantees of the Initial Notes and any Additional Notes.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of a Downstream Affiliate of that Reference Entity.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • 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.

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

  • Permitted Non-Recourse Guarantees means customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements and carve-out guarantees) provided under Non-Recourse Indebtedness in the ordinary course of business by the Company or any Subsidiary of the Company in financing transactions that are directly or indirectly secured by real estate assets or other real estate-related assets (including equity interests) of a Subsidiary of the Company (or entity in which the Company is the general partner or managing member), in each case that is the borrower in such financing, but is non-recourse to the Company or any of the Company’s other Subsidiaries, except for customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements or carve-out guarantees) as are consistent with customary industry practice (such as environmental indemnities and recourse triggers based on violation of transfer restrictions and other customary exceptions to nonrecourse liability).

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

  • 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).

  • Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • Guarantee Agency means a state agency or a private nonprofit institution or organization which administers a Guarantee Program within a State or any successors and assignees thereof administering the Guarantee Program which has entered into a Guarantee Agreement with the Trustee on behalf of the Purchaser.

  • 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 Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

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