Sponsor Guaranty definition

Sponsor Guaranty means that certain Sponsor Guaranty, dated as of the date hereof, executed by Sponsor in favor of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Sponsor Guaranty means that certain Sponsor Guaranty, dated as of the Closing Date, executed by Sponsor in favor of Lender.

Sponsor Guaranty means that certain Guaranty, dated as of the date hereof, by Vivint Solar, Inc. in favor of Purchaser and Investor.

Examples of Sponsor Guaranty in a sentence

• Anything to the contrary herein or elsewhere notwithstanding, in no event shall Borrower have any liability or other obligation under or with respect to the Sponsor Guaranty, the Equity Owner Guaranty or the Borrower GP Guaranty.

• In the event that Sponsor receives any such payment with respect to the Loans pursuant to the Franchisee Loan Program (other than with respect to Loans purchased by Sponsor or where Sponsor has been subrogated to the rights of Servicer pursuant to the terms of the Sponsor Guaranty), such payments shall be accepted by Sponsor as agent for Servicer and Sponsor shall immediately endorse and forward the same to Servicer.

• This Warrant may not be transferred or assigned except to an Affiliate or a successor of the Holder or in connection with a transfer by the Holder of all or any portion of its obligations pursuant to the Sponsor Guranty in which case this Warrant may be transferred or assigned to any transferee(s) of such Sponsor Guaranty.

• On the Closing Date, the Borrower shall fund the Liquidity Reserve Account up to the Liquidity Reserve Maximum Balance with cash or a Sponsor Guaranty.

• Borrower shall fail to perform or observe any of the covenants set forth in Section 5.6.2 of this Agreement or Sponsor shall fail to perform or observe any of the covenants set forth in Section 4.7 or 4.8 of the Sponsor Guaranty, and such failure shall continue unremedied for a period of fifteen days after such Loan Party becomes aware thereof or receives written notice thereof from Administrative Agent.

More Definitions of Sponsor Guaranty

Sponsor Guaranty means that certain Limited Guaranty dated as of May 22, 2005 by the Sponsor in favor of the Shareholders, as amended, restated, supplemented or otherwise modified to the extent permitted hereunder.

Sponsor Guaranty means that certain Limited Guaranty in the form attached as Annex B to the First Amendment (or otherwise in a form reasonably acceptable to the Collateral Agent) and dated as of the First Amendment Effective Date, made by the Sponsor Guarantor in favor of the Collateral Agent, for the benefit of the Agents and the Lenders, as such guarantee may be amended, restated, supplemented or modified from time to time on terms and conditions reasonably acceptable to the Collateral Agent.

Sponsor Guaranty shall have the meaning set forth in the Recitals.

Sponsor Guaranty means the Limited Guaranty, dated as of the Closing Date, by the Sponsor, in favor of the Agent, for its benefit and the benefit of the other Secured Persons, as same may be amended, modified, supplemented and/or restated from time to time, pursuant to which the Sponsor guarantees payment and performance of the Obligations upon the terms and conditions therein.

Sponsor Guaranty means each of the Peak Sponsor Guaranty, the BRG Sponsor Guaranty and the Replacement BRG Sponsor Guaranty.

Sponsor Guaranty means a guaranty, substantially in the form of Exhibit H, made by the Sponsor in favor of the Collateral Agent for the benefit of the Secured Parties.

Sponsor Guaranty means that certain guarantee issued by the Sponsor to the Class A Equity Investor on [ ], 2015.