Surety Agreements definition

Surety Agreements means the (i) the General Agreement of Indemnity by and between the Debtors and Chubb dated February 23, 2000; (ii) the General Agreement of Indemnity, as amended, by and among the Debtors and Liberty on behalf of itself and LM Insurance Corporation, the First Liberty Insurance Corporation, Liberty Mutual Fire Insurance Company, Liberty Insurance Corporation, and any other company that is part of or added to the Liberty Mutual Group for which surety business is underwritten by Liberty Bond Services, dated October 30, 1998; (iii) the Indemnity and Security Agreement by and among The Farfield Company (a Debtor herein), Encompass Services Corporation, other Debtors and Liberty, dated April 19, 2002; (iv) the Addendum to Indemnity and Security Agreement by and between Liberty and Sequoyah Corporation (a Debtor herein), dated May 19, 2002; (v) the First Amendment to Indemnity and Security Agreement by and among The Farfield Company, Encompass Services Corporation, other Debtors and Liberty dated June 2002; (vi) the Pledge Agreement dated October 14, 2002, by and between Encompass Services Corporation and Chubb, the October 18, 2002 Addendum to the Pledge Agreement, the November 1, 2002 Second Addendum to the Pledge Agreement and the November 12, 2002 Third Addendum to the Pledge Agreement; (vii) any and all agreements executed by and among the Sureties and any Debtor on or before the Effective Date.
Surety Agreements means the Travelers Indemnity Agreement, the Liberty Mutual Indemnity Agreement, and any other surety indemnity agreement which contains substantially similar terms and conditions as the Travelers Indemnity Agreement and which is for the benefit of a surety company that has been rated by A.M. Best (or another generally accepted rating company) with a financial strength rating and issuer credit ratings comparable to or better than Travelers Casualty and Surety Company of America and which surety company has delivered a “comfort letter” to Agent which is substantially similar to the letter delivered pursuant to Section 5.1(a)(iii) hereof.
Surety Agreements shall have the meaning given such term in Section 5.2 hereof.

Examples of Surety Agreements in a sentence

  • Amend, modify or otherwise alter (or suffer to be amended, modified or altered) the Subordinated Debt Documents, the Acquisition Documents or the Surety Agreements except as permitted in the applicable Subordinated Debt Documents and Subordination Agreements, or if no such restrictions exist in the applicable Subordinated Debt Documents or Subordination Agreements, without the prior written consent of the Agent.

  • The U.S. Guarantors and the European Subsidiaries hereby acknowledge and agree that the term 'Obligations,' as defined in their respective Borrower Surety Agreements and the Selas SAS Surety Agreements includes, without limitation, all of the obligations, now or hereafter arising, of Borrower to the Bank, whether under the Credit Agreement, the other Loan Documents, as amended, or otherwise.

  • Further, any Claims arising from or relating to the Surety Agreements entered into prior the Commencement Date shall be deemed to be unimpaired by this Plan.

  • In consideration of the undertakings of the Bank pursuant to this Second Waiver Agreement and the other Loan Documents, the Borrower, each U.S. Guarantor and each European Subsidiary hereby reaffirm the Borrower Surety Agreements, the Selas SAS Surety Agreements, the other Loan Documents and all of their respective obligations thereunder.

  • The Borrower, each U.S. Guarantor and each European Subsidiary hereby acknowledge and agree that the Borrower Surety Agreements and the Selas SAS Surety Agreements, and any other suretyship agreements executed by them in favor of the Bank or its affiliates, are ratified, reaffirmed and confirmed in all respects, shall continue in full force and effect, and are valid, binding and enforceable against the parties thereto as if executed as of the date hereof.

  • The Surety Agreements and the DIP Facility are further described below.

  • As of and subject to the occurrence of the Effective Date, the Reorganized Debtors shall assume the Surety Agreements to the extent they are executory contracts, and if any Surety Agreement is not subject to assumption pursuant to section 365 of the Bankruptcy Code, such Surety Agreement shall vest in the Reorganized Debtors on the Effective Date.

  • The Borrower, each U.S. Guarantor and each European Subsidiary hereby waive any right it may have to contest the validity or enforceability of the Borrower Surety Agreements, Selas SAS Surety Agreements, the Selas SAS Guaranty, the CFR Guaranty or any other Loan Document, for any reason whatsoever.

  • The Guarantors hereby acknowledge and agree that the term Obligations, as defined in their respective Borrower Surety Agreements includes, without limitation, all of the obligations, now or hereafter arising, of Borrower to the Bank, whether under the Credit Agreement, the other Loan Documents, as amended, or otherwise.

  • The Debtors obtained authority from the Bankruptcy Court to enter into and receive funding under (i) the Surety Agreements and (ii) the DIP Facility, and to use cash collateral and grant adequate protection in respect of such postpetition financing arrangements.


More Definitions of Surety Agreements

Surety Agreements means, jointly, the Campoinca and Marinazul Surety Agreements and the Camposol Holding Surety Agreement.
Surety Agreements means the surety agreements, substantially in the form of Exhibit 3.01(Q), executed by the Sluckers and the Budilovs.
Surety Agreements has such meaning as provided in Section 5.3.
Surety Agreements shall have the meaning set forth therefor in SECTION 5.2.
Surety Agreements means those certain surety agreements previously executed in favor of First Union, as amended and restated by those certain amended and restated guaranty agreements of even date herewith by the Sureties in favor of the Administrative Agent, for the ratable benefit of the Lenders, whereby the Sureties agree to act as unlimited sureties for the repayment, finally and in full, of all of the Obligations, as any of the foregoing may be from time to time amended, restated or modified. The Surety Agreement also means that certain guaranty agreement of even date herewith executed by Adirondack Coffee Service, Inc. in favor of the Administrative Agent, the ratable benefit of the Lenders, whereby Adirondack Coffee Service, Inc. agrees to act as unlimited surety for the repayment, finally and in full, of all of the Obligations, as this document may from time to time be amended, restated or modified.

Related to Surety Agreements

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Subordination Agreements means, collectively, any subordination agreements entered into by any Person from time to time in favor of Agent in connection with any Subordinated Debt, the terms of which are acceptable to the Agent, in each case as the same may be amended, restated or otherwise modified from time to time, and “Subordination Agreement” shall mean any one of them.

  • Surety Instruments means all letters of credit (including standby and commercial), banker's acceptances, bank guaranties, shipside bonds, surety bonds and similar instruments.

  • Commercial Agreements means all or any Agreement or Agreements with any third party including but not limited to broadcasting, media, sponsorship, marketing, merchandising, licensing and advertising, for the general promotion of each or any of the Clubs in the Competition and the Company, and which have the object of promoting the welfare and general commercial interest and increasing the financial resources of each of the Clubs, the Company and the Competition.

  • Note Agreements means, collectively, the 2011 Note Agreement and the 2014 Note Agreement.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.

  • Support Agreements has the meaning set forth in the Recitals.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • Business Agreements has the meaning specified in Section 5.15.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Investment Agreements has the meaning set forth in the Recitals.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Property Agreements means all agreements, grants of easements and/or rights-of-way, reciprocal easement agreements, permits, declarations of covenants, conditions and restrictions, disposition and development agreements, planned unit development agreements, parking agreements, party wall agreements or other instruments affecting the Property, including, without limitation any agreements with Pad Owners, but not including any brokerage agreements, management agreements, service contracts, Space Leases or the Loan Documents.

  • Collateral Agreements means the agreements and arrangements listed in Schedule 3;

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Canadian Security Agreements means, collectively, those certain Amended and Restated Security Agreements, dated as of the Restatement Date, and those certain deeds of movable hypothec dated on or about the Restatement Date, made by the Canadian Credit Parties party thereto in favor of Agent, on behalf of itself and for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time.