State Guarantee definition

State Guarantee. The guarantees (Ausfallbürgschaften) issued by the Federal Republic of Germany (for 48 % of the aggregate amount of Advances under Tranches A and B) and the State of Sachsen-Anhalt (for 32 % of the aggregate amount of Advances under Tranches A and B) issued pursuant to the EU-Decision in the form attached to the Facility Agreement as Schedule 11 (State Guarantee) of the Facility Agreement in favour of the Lenders with respect to this Agreement including the “Allgemeinen Bestimmungen für Bürgschaftsübernahmen durch die Bundesrepublik Deutschland (Bund) und parallel bürgende Bundesländer” (General Conditions for the issuing of guarantees by the Federal Republic of Germany and Länder).

State Guarantee means the state-guaranteed obligation of a grantor of state guarantees, which arises from the written guarantee contract entered into between the grantor of state guarantees and the guarantee holder and complies with the conditions of subsection 8 (4) of this Act, to pay the debt of the debtor arising from a

State Guarantee means the property obligation of the State to repay a debt wholly or in part and to pay interest on the debt or part thereof to be repaid to a domestic or foreign creditor for a borrower the discharge of obligations whereof is guaranteed by the State in the event of this borrower’s full or partial default on obligations under a loan agreement or other debt instruments.

Examples of State Guarantee in a sentence

• In the case of mortgage-related loans, the HFA aims to use the State Guarantee and its own expertise to lend at a rate competitive with an average standard market rate.

• In connection thereof, the Agency will provide U.S. State Guarantee for the beneficiary of XXX to a U.S. service bank in Europe that will extend and serve the credit in 85% of the total price of the loan for delivery the capital goods on c.i.f. bases and services as the business plan so provides, plus up to 15% of the total export price for local country expenses integrally connected to the Project.

• Government guarantees are subject to the provisions of the State Guarantee Act, no.

• The conditions of the State Guarantee as set out in Schedule 10 (State Guarantee) are incorporated in this Agreement, even if they are not explicitly provided for in this Agreement.

• The guarantee fee will be calculated for each half year starting at these dates at a per annum rate of 0.25 % of the amount guaranteed by the Federal Guarantor at those dates and is payable to C&L Deutsche Revision AG, Düsseldorf, Anderkonto Bundesminister der Finanzen, account 301 51 12 with Westdeutsche Landesbank Girozentrale, by making reference to the State Guarantee number.

More Definitions of State Guarantee

State Guarantee means the unconditional guarantee by the Treasurer in the name, and for and on behalf, of the State, under -

State Guarantee. The guarantee (Ausfallbürgschaft) issued or to be issued by the Guarantor (for 80% of the aggregate amount of all Advances under the Facility) in the form attached to this Agreement as Schedule 6 (State Guarantee) in favour of the Lenders with respect to this Agreement including the general conditions for state guarantees of the State of Saxony-Anhalt (“Allgemeine Bestimmungen für Landesbürgschaften zur Xxxxxxxxxxxxxxxxxxxx xxx Xxxxxx Sachsen-Anhalt vom 10. Mai 2007 (Runderlass des Ministeriums der Finanzen des Xxxxxx Sachsen-Anhalt vom 10. Mai 2007 – 34 – 32901)”, the directive in relation to guarantees as regional subsidies for investment credits (Richtlinien für Bürgschaften als Regionalbeihilfen für Investitionskredite) dated 8 October 2007 (Runderlass des Ministeriums der Finanzen vom 8. Oktober 2007 – 34 – 32901)” and the guarantee decision (Bürgschaftsentscheidung) (letters dated 15 November 2011/19 December 2011).

State Guarantee. 3 means the property liability of the State to repay the entire state-sponsored loan granted to the borrower observing the procedure laid down in the Procedure and Agreement on the terms of state-sponsored loans and State guarantee and to pay the interest on the repayable state-sponsored loan, except for additional interest established by the credit institution and/or interest on arrears and other penalties or other payments due to the borrowers’ failure to (properly) fulfil their obligations (hereinafter – the interest) if the borrower fails to repay the state-sponsored loan or part of it within the time limit laid down in the Agreement on state-sponsored loan, and/or to pay the interest or part of it, as well as in case of the borrower’s death, or if the credit institution requests that the borrower immediately repay both the entire state-sponsored loan or part of it and the interest accrued on the state- sponsored loan on the loan repayment day which has not been paid in the case specified in the Agreement on the terms of state-sponsored loans and State guarantee.

State Guarantee. The guarantees (Ausfallburgschaften) issued by the Federal Republic of Germany (for 48 % of the aggregate amount of Advances under Tranches A and B) and the State of Sachsen-Anhalt (for 32 % of the aggregate amount of Advances under Tranches A and B) issued pursuant to the EU-Decision in the form attached to the Facility Agreement as Schedule 11 (State Guarantee) of the ----------- Facility Agreement in favour of the Lenders with respect to this Agreement including the "Allgemeinen Bestimmungen fur Burgschaftsubernahmen durch die Bundesrepublik Deutschland (Bund) und parallel burgende Bundeslander" (General Conditions for the issuing of guarantees by the Federal Republic of Germany and Lander).

State Guarantee has the meaning set out in the Recitals, Section C.

State Guarantee means a note held by a person for which

State Guarantee means a note held by a person for which the State of Illinois shall be liable of 85% of the total principal and interest of the note as determined by the Authority.