Examples of Trust Guaranty in a sentence
The obligations of the Trust under the Trust Guaranty are full recourse obligations of the Trust, and all of the respective assets and properties of the Trust shall be available for the payment in full in cash and performance thereof.
The Trust Guaranty shall have been duly executed and delivered by the Trust.
The Company, for and on behalf of the Trust, shall have delivered to you a certificate certifying as to the resolutions attached thereto and other legal proceedings relating to the authorization, execution and delivery by the Trust of the Trust Guaranty and the Subordination Agreement.
Each of the Company and the Trust shall have performed and complied with all agreements and conditions contained in this Agreement, the Trust Guaranty or the Subordination Agreement required to be performed or complied with by the Company or the Trust, as the case may be, prior to or at the Closing, and after giving effect to the issue and sale of the Notes (and the application of the proceeds thereof as contemplated by Section 5.14), no Default or Event of Default shall have occurred and be continuing.
All statements contained in any certificate or other instrument delivered by or on behalf of the Company pursuant to this Agreement shall be deemed representations and warranties of the Company or the Trust, as the case may be, pursuant to this Agreement, the Trust Guaranty or the Subordination Agreement.