Term Loan Guarantee definition

Term Loan Guarantee means any guarantee by any Loan Party of any or all of the Term Loan Obligations.

Term Loan Guarantee means that certain Guarantee, dated as of August 21, 2013 (as amended, novated, supplemented, extended or restated from time to time) by the Term Loan Guarantors in favor of the Propco I Agent for the benefit of the Guaranteed Parties (as such term is defined in the Propco I Credit Agreement) pursuant to which each of the Term Loan Guarantors jointly and severally guaranteed the Propco I Term Loan.

Term Loan Guarantee shall have the meaning assigned to such term in the recitals hereto.

Examples of Term Loan Guarantee in a sentence

• Lien Guarantee and Collateral Agreement dated as of the date hereof among Holdings, Mid-Holdings, the Borrower, certain Subsidiaries of Mid-Holdings and the Senior Lien Term Loan Agent (the “Senior Lien Term Loan Guarantee and Collateral Agreement”), the Senior Lien Term Loan Guarantors have agreed, inter alia, to guarantee the payment and performance of the Borrower’s obligations under the Senior Lien Term Loan Documents.

• Each party hereto agrees that each Credit Agreement, the Term Loan Guarantee and Collateral Agreements and the ABL Guarantee and Collateral Agreement shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agents and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.

• Holders of Lombard (BALL) Term Loan Guarantee Claims and UK ABL Credit Facility Guarantee Claims in Class 9 are not entitled to vote to accept or reject the Plan.

• This Agreement is intended to and does completely amend and restate, without novation, that certain Term Loan Guarantee and Collateral Agreement, dated October 25, 2013, by the Grantors party thereto in favor of the Collateral Agent (as amended or supplemented prior to the date hereof, the “Original Guarantee and Collateral Agreement”).

• In full and final satisfaction of each Lombard (BALL) Term Loan Guarantee Claim and UK ABL Credit Facility Guarantee Claim, all Allowed Lombard (BALL) Term Loan Guarantee Claims and Allowed UK ABL Credit Facility Guarantee Claims shall be Reinstated.

• Holders of Allowed Lombard (BALL) Term Loan Guarantee Claims and Allowed UK ABL Credit Facility Guarantee Claims in Class 9 are conclusively deemed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.

• The Company, Agent and Senior Lenders (as hereinafter defined) have entered into a Term Loan, Guarantee and Security Agreement dated as of June 19, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “Senior Loan Agreement”) pursuant to which, among other things, Senior Lenders have agreed, subject to the terms and conditions set forth in the Senior Loan Agreement, to make certain loans and financial accommodations to the Company.

• Each party hereto agrees that each Credit Agreement, the Term Loan Guarantee and Collateral Agreements and the ABL US Guarantee and Collateral Agreement shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agent and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.

• All capitalized terms not defined herein shall have the meaning ascribed to them in the Term Loan Guarantee and Collateral Agreement referred to below.

• By: Name: Title: HORIZON GLOBAL CORPORATION By: Name: Title: HORIZON GLOBAL COMPANY LLC By: Name: Title: EXHIBIT C Form of Term Loan Guarantee and Collateral Agreement See attached.

More Definitions of Term Loan Guarantee

Term Loan Guarantee means the guarantee of the Term Loans by each Guarantor pursuant to Article XII hereof and any additional guarantee of Term Loans to be executed by any Restricted Subsidiary pursuant to this Agreement.

Term Loan Guarantee means (a) the guarantee made by Parent and the other Guarantors in favor of the Administrative Agent on behalf of the Secured Parties pursuant to clause (b) of the definition of “Collateral and Guarantee Requirement,” substantially in the form of Exhibit E and (b) each other guarantee and guarantee supplement delivered pursuant to Section 6.11.

Term Loan Guarantee is defined in Recital D of this Agreement.

Term Loan Guarantee has the meaning assigned to such term in Section 2.01A.

Term Loan Guarantee means any First Lien Term Loan Guarantee and any Second Lien Term Loan Guarantee.

Term Loan Guarantee means that certain term loan guarantee, dated February 13, 2008, among Holdings, Borrower (as successor by merger to CHILL ACQUISITION, INC.), Mortgagor and the other guarantors referred to therein, and Mortgagee as collateral agent for the Secured Parties, as the same may hereafter be amended, amended and restated, supplemented or otherwise modified from time to time. The obligations of the Lenders to make Loans are conditioned upon, among other things, the execution and delivery by Mortgagor of this Mortgage in the form hereof to secure the Obligations (as defined below). Pursuant to the requirements of the Term Loan Credit Agreement, Mortgagor is granting this Mortgage to create a lien on and a security interest in the Mortgaged Property (as hereinafter defined) to secure the performance and payment by Mortgagor of the Obligations (as defined in the [Term Loan Credit Agreement / Term Loan Security Agreement]6). Pursuant to the Term Loan Credit Agreement, the amount of Mortgagor’s indebtedness thereunder may increase and decrease from time to time as the Secured Parties advance, Mortgagor repays, and the Secured Parties may make Incremental Facilities available, all as more fully described in the Term Loan Credit Agreement. For purposes of this Mortgage, so long as the balance of the Obligations equals or exceeds $[ ] (the “Secured Amount”), the amount of the Obligations secured by this Mortgage shall at all times equal only the Secured Amount. The Secured Amount represents only a portion of the first sums advanced by the Secured Parties in respect of the Obligations. The Secured Amount shall be reduced only by the last and final sums that Borrower repays with respect to the Obligations and shall not be reduced by any intervening repayments of the Obligations. So long as the balance of the Obligations exceeds the Secured Amount, any payments and repayments of the Obligations shall not be deemed to be applied against, or to reduce, the portion of the Obligations secured by this Mortgage. Such payments shall instead be deemed to reduce only such portions of the Obligations as are secured by other collateral. Granting Clauses