Third Party Guaranty definition

Third Party Guaranty means, with respect to any Person, any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other Person (the "primary obligor") in any manner, whether directly or indirectly, and including any obligation of such Person, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness, (ii) to purchase property, securities or services for the purpose of assuring the holder of such Indebtedness of the payment of such Indebtedness of (iii) to maintain working capital, equity capital or the financial condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness.
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Third Party Guaranty shall have the meaning assigned to that term in subsection 4.2(h).
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Third Party Guaranty means, as to any Person, all liabilities or obligations of such Person in respect of any Indebtedness or other obligations of others guaranteed, directly or indirectly, in any manner by such Person, or in effect guaranteed, directly or indirectly, by such Person through an agreement, contingent or otherwise, to purchase such Indebtedness or obligation, or to purchase or sell property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment of the Indebtedness or obligation or to assure the owner of such Indebtedness or obligation against loss, or to supply funds to or in any manner invest in the debtor, or otherwise.
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Examples of Third Party Guaranty in a sentence

  • The Application and Third Party Guaranty Fees must be paid by Money Order or Cashier's Check and are due upon submission of each application.

  • LESSEE’S INITIALS LESSOR at its option as described hereinafter requires a binding Third Party Guaranty (referred to as “Guaranty”) which Guaranty constitutes an additional inducement for the granting of this lease.

  • LESSOR at its option as described hereinafter requires a binding Third Party Guaranty (referred to as “Guaranty”) which Guaranty constitutes an additional inducement for the granting of this lease.

  • The Rental Application and Third Party Guaranty are an integral part of the rental agreement and will be used in conjunction with all legally bindingdocuments and/or agreements.

  • The Borrower shall not permit any Third Party Guaranty to exist unless the Existing Syndicated Credit Agreement shall have been amended to permit the Subsidiary Guaranties contemplated under Section 5.10.

  • If you are financially supported by someone other than yourself or if you have poor/no credit, you may also need a co-signer to complete a Third Party Guaranty Form.

  • There is an additional $30.00 handling fee if a Third Party Guaranty is required or if there are additional applicants each shall be required to pay $30.00..

  • Such Third Party Guaranty shall be evidenced by a guaranty by Matrix Bancorp, Inc.

  • If you are financially supported by someone other than yourself or if you have poor/no credit, you will also need a co-signer to complete a Third Party Guaranty Form.There is an additional $35.00 ($40.00 with credit/debit card) handling fee if a Third Party Guaranty is required.

  • The Application and Third Party Guaranty Fees must be paid by Money Order, Check or Cash, and are due upon submission of each application.


More Definitions of Third Party Guaranty

Third Party Guaranty has the meaning set forth in subsection 5.1(a).
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Third Party Guaranty means, (i) with respect to the Series 2021 Bonds, that certain Guaranty, dated as of June 30, 2021, by and among NewCold Indianapolis, LLC, NewCold Indianapolis Operations, LLC and NewCold Cooperatief U.A, in favor of the Purchaser, guaranteeing the payment of debt service on the Bonds to the extent the Pledged Tax Increment is insufficient; and (ii) with respect to the Series 2023 Bonds, that certain Guaranty, dated as of March 24, 2023, by and among NewCold Indianapolis, LLC, NewCold Indianapolis Operations, LLC and NewCold Cooperatief U.A, in favor of the Purchaser, guaranteeing the payment of debt service on the Bonds to the extent the Pledged Tax Increment is insufficient.
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Third Party Guaranty means, (i) with respect to the Series 2021 Bonds, that certain Guaranty, dated as of June 30, 2021, by and among NewCold Indianapolis, LLC, NewCold Indianapolis Operations, LLC and NewCold Cooperatief U.A, in favor of the Purchaser, guaranteeing the payment of debt service on the Series 2021 Bonds to the extent the Pledged Tax Increment is insufficient; and (ii) with respect to the Series 2023 Bonds, that certain Guaranty, dated as of March 24, 2023, by and among NewCold Indianapolis, LLC, NewCold Indianapolis Operations, LLC and NewCold Cooperatief U.A, in favor of the Purchaser, guaranteeing the payment of debt service on the Series 2023 Bonds to the extent the Pledged Tax Increment is insufficient.
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Related to Third Party Guaranty

  • Facility Guaranty means the Guaranty made by the Guarantors in favor of the Agent and the other Credit Parties, in form reasonably satisfactory to the Agent.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Security Guarantee means the guarantee of the Securities executed by each Guarantor and the notation thereof executed pursuant to the provisions of this Indenture.

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.

  • Loan Guaranty means Article X of this Agreement.

  • 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.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Limited Guaranty With respect to any Series (or Class within such Series), any guarantee of, or insurance policy or other comparable form of credit enhancement with respect to, amounts required to be distributed in respect of such Series (or Class) or payments under all or certain of the Underlying Securities relating to such Series or Class, executed and delivered by a Limited Guarantor in favor of the Trustee, for the benefit of the Certificateholders, as specified in the related Supplement.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Loan guarantee means any State or federal government

  • 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.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Completion Guaranty means the Guaranty of Completion and Payment of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.

  • security guard means an employee defined as a “guard” or a “security guard” in terms of the Basic Conditions of Employment Act, 1983;

  • Foreign Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in a foreign country, and meets all of the provisions of Tariff, Attachment Q. “Form 715 Planning Criteria” shall have the same meaning provided in the Operating Agreement.