Surety Agreement definition

Surety Agreement. The Surety Bond Reimbursement Agreement dated March 17, 1999 between the Surety Bond Issuer and the Servicer pursuant to which the Surety Bond Issuer has issued the Surety Bond, as the same may be amended, modified, restated or supplemented from time to time.

Surety Agreement means an ancillary agreement concluded by a guarantor and guaranteeing or promising to guarantee the fulfilment of any form of credit granted to natural or legal persons;

Surety Agreement. That certain Surety Bond Reimbursement Agreement, as amended, dated as of February 28, 1996 between the Seller and the Surety Bond Issuer.

Examples of Surety Agreement in a sentence

• Surety hereby waives all notices of any character whatsoever with respect to this Surety Agreement and the Member Obligations, including without limitation: notice of the present existence or future incurring of any Member Obligations; the amount, terms and conditions thereof; and any defaults thereon.

• This Surety Agreement shall be a continuing one and shall be binding upon Surety regardless of how long before or after the date hereof any of the Member Obligations were or are incurred.

• Purchaser may in no way publicly disclose the existence of the Surety Agreement without the express written consent of the Surety Bond Issuer, and notice to the Servicer.

• The rights and remedies of RWC and WPMIC under this Surety Agreement are cumulative and shall be in addition to any other rights and remedies available to them, at law or in equity, all of which may be exercised singly or concurrently.

• By their execution below, each Surety hereby consents to, and acknowledges the terms and conditions of this Amendment, and agrees that its Surety Agreement dated November 4, 2002, is ratified and confirmed, and shall continue in full force and effect, and shall continue to cover all obligations of Borrower outstanding from time to time, under the Loan Agreement as amended hereby.

More Definitions of Surety Agreement

Surety Agreement means an ancillary agreement concluded by a guarantor and guaranteeing or promising to guarantee the fulfilment of any form of credit granted to a consumer;

Surety Agreement has the meaning ascribed to such term in Section 2.3.

Surety Agreement means an ancillary agreement concluded by a guarantor and guaranteeing the fulfilment of a credit agreement with a consumer covered by this directive;

Surety Agreement means an agreement linked to a credit agreement under which a guarantor guarantees the fulfilment of a credit agreement covered by this Directive concluded with a consumer;

Surety Agreement means a surety agreement, in accordance with the terms of which a third party, who is a surety, shall be responsible for the fulfillment of the Lessee’s obligations to the Lessor under the Lease Agreement in whole or in part.

Surety Agreement means a duly authorized and executed surety agreement in favor of Lender.

Surety Agreement means that certain Surety Agreement, dated November 27, 2012, by and among Arch Coal, Inc., Magnum Coal Company LLC and Patriot Coal Corporation.