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 in the form attached to this Agreement as Schedule 10 (State Guarantee) 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

• However, due to the relatively small size of the State Guarantee Fund in relation to the Fund’s total coverage, total recovery of insured losses may not be available.

• In the case of any discrepancies between the conditions of the State Guarantee and the terms of this Agreement, the former will apply.

• Without prejudice to any rights of the beneficiaries of the State Guarantee, the French State has reserved the right in its sole discretion to amend the State Guarantee, in order to comply with any applicable European State aid rules.

• The Noteholders, upon subscription, purchase or acquisition of the Notes, shall be deemed to have accepted the State Guarantee in effect as of the Issue Date.

• The Republic of France has unconditionally and irrevocably guaranteed on a first demand basis (garantie autonome à première demande) pursuant to the State Guarantee the due payment of all sums expressed to be payable by the Issuer under the Notes.

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

State Guarantee means the guarantee(s) provided by the State of North Rhine-Westphalia in accordance with the Guarantee Decision for the payment obligations of the Borrowers under tranches A and B up to a maximum limit of 80% of any default under these tranches.

State Guarantee the guarantee, in substantially the form of Exhibit I, executed by the State Guarantor, the Administrative Agent, Holdings and the Borrower.

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 means a note held by a person for which