Term Guaranty definition

Term Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other guaranty made by a Term Guarantor guaranteeing, inter alia, the payment and performance of any Term Obligations.
Term Guaranty means the Guaranty (as defined in the Term Credit Agreement) made by Holdings, and the Term Subsidiary Guarantors in favor of the Term Secured Parties, together with each other guaranty and guaranty supplement delivered in accordance with the terms thereof.
Term Guaranty shall have the meaning assigned to that term in the recitals to this Agreement.

Examples of Term Guaranty in a sentence

  • The Grantor entered into a Guaranty (Short Term) dated as of June 4, 1999, as reaffirmed on the date hereof (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Short Term Guaranty") between the Grantor and the Agent.

  • The Grantor also entered into a Guaranty (Long Term) dated as of January 12, 1996, as reaffirmed on the date hereof (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Long Term Guaranty," and taken together with the Short Term Guaranty, the "Bank Guarantees"), between the Grantor and the Agent.

  • Other uses include the purchase of an existing franchise, construction or renovation and franchise fees or obtaining bid, performance and payment bonds for contracts.Financing for the approved small businesses include:o Contract Financing Programo Equity Participation Programo Long Term Guaranty Programo Surety Bonding Program Meridian Management Group, Inc.

  • Each of the Guarantors hereby severally represents and warrants to the Borrower that such Guarantor paid to the Banks, pursuant to such Guarantor's Term Guaranty, all amounts demanded by the Banks from such Guarantor as payment in full of the Loans and all other amounts due under the Term Credit Agreement.

  • If there shall be any inconsistency between any term or condition of this Assignment and that of the VSC Term Guaranty, the term or condition in the VSC Term Guaranty shall prevail.


More Definitions of Term Guaranty

Term Guaranty means the guaranty pursuant to Section VII of the Term Credit Agreement.
Term Guaranty means any First Lien Term Guaranty and any other guaranty made by a Term Guarantor guaranteeing, inter alia, the payment and performance of any Term Obligations.
Term Guaranty means the collective reference to the guaranty agreements, if any, entered into by the Term Guarantors and any other guarantee of the Term Obligations entered into in connection with an Amendment or Refinancing of the Term Loan Credit Agreement or any Additional Term Debt Facility, as applicable, whether by the same or any other agent, lender or group of lenders.
Term Guaranty means the First Lien Term Guaranty and the Second Lien Term Guaranty.
Term Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other agreement amending or replacing such agreement, whether by the same or any other agent, lender or group of lenders.
Term Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other agreement amending or replacing such agreement, whether by the same or any other agent, lender or group of lenders. “Term Lenders” shall have the meaning assigned to that term in the introduction to this Agreement, as well as any Person which is a “lender” under any Term Loan Agreement. 12 “Term Loan Agreement” shall have the meaning assigned to that term in the recitals to this Agreement and shall include any other agreement extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, lender or group of lenders (including, without limitation, under any agreement with respect to Term DIP Financing provided by any or all of the Term Secured Parties). “Term Loan Parties” shall have the meaning assigned to that term in the recitals to this Agreement. “Term Obligations” shall mean all obligations of every nature of each Term Loan Party from time to time owed to the Term Secured Parties, or any of them, under any Term Document, including, without limitation, all “Obligations” of each Term Loan Party or similar term as defined in the Term Loan Agreement, whether for principal, interest, fees, expenses, indemnification or otherwise, and all other amounts owing or due under the terms of the Term Documents (including interest, fees, indemnification payments, expense reimbursements and other amounts which, but for the filing of an Insolvency Proceeding with respect to such Term Loan Party, would have accrued on or been payable with respect to any Term Obligation, whether or not a claim is allowed against such Term Loan Party for such interest, fees, indemnification payments, expense reimbursements and other amounts in the related Insolvency Proceeding), as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time in accordance with the terms hereof and thereof. “Term Priority Collateral” shall mean all Collateral, other than ABL Priority Collateral, including the following: (1) Equity Interests owned by any of the Term Loan Parties; (2) Equipment of the Term Loan Parties; (3) Intellectual Property of the Term Loan Parties; (4) Real property owned by any Term Loan Party; (5) Payment intangibles of, and promissory notes in favor of, any Term Loan Party; (6) General intangibles; (7) Term Collate...
Term Guaranty means the General Continuing Guaranty to be executed by Guarantors in favor of Term Lender, a copy of the form of which is marked "Exhibit B", affixed hereto and by this reference incorporated herein and made a part hereof, as the same may be amended, modified, supplemented, replaced, renewed or restated from time to time.