UK Guarantee means the UK Guarantee Agreement, made by the US Borrower and each of the UK Guarantors in favor of the Administrative Agent for the benefit of the Lenders to the UK Borrower and the other Secured Parties named therein, substantially in the form of Exhibit L-2, as the same may be amended, supplemented or otherwise modified from time to time.
UK Guarantee is defined in Recital C.
UK Guarantee means the UK Senior Subordinated Guarantee, made by Bonlea Limited, Premdor Xxxxxx Limited, Premdor U.K. Holdings Limited and Masonite Europe Limited in favor of the Guarantee Agent for the benefit of the Loan Parties, substantially in the form of Exhibit B-6, and any guarantee governed by English law entered into by a Subsidiary pursuant to Section 10.9, as the same may be amended, supplemented or otherwise modified from time to time.
Examples of UK Guarantee in a sentence
Yes, the UK Guarantee requires that costs required for MSCA fellows to have the right to work and live in the UK are covered from the institutional unit contributions, such as visa costs and the NHS surcharge.
Several parties commented that the current combination of policies is insufficient to drive investment in nuclear power, in particular since the ETS carbon price is too low; the UK's Carbon Price Floor will not drive carbon prices high enough to incentivise investment in nuclear; and the UK Guarantee Scheme is not enough on its own to support investment, since it does not address the long-term economic viability of nuclear power.
The UK Guarantee will be in place until the final maturity which is up to 41 years from Financial Close.
In December 2012, the Chancellor confirmed that up to £1bn of Public Works Loan Board (PWLB) borrowing, supported by a guarantee under the UK Guarantee Scheme, would be available to the Mayor for the NLE.
For example, the Greater London Authority raised £200m through a bond to support the Northern Line Extension which was effectively backed by the UK Guarantee scheme, lowering borrowing costs.
More Definitions of UK Guarantee
UK Guarantee means the UK guarantee to be entered into after the Closing Date in accordance with the Post-Closing Letter, executed in favor of the Administrative Agent and the other Secured Parties by each of the UK Loan Parties. “UK Loan Party” means each Loan Party that is organized under the laws of the United Kingdom or any province, territory or other political subdivision thereof. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Underlying Issuer” means, individually and/or collectively (as the context may require), Bank of Montreal (by itself or through one of its designated Affiliates or branch offices) or such other Person as is designated by the Administrative Agent to become an Underlying Issuer for the purpose of issuing Letters of Credit or Reimbursement Undertakings pursuant to Section 2.03. “Underlying Letter of Credit” means a Letter of Credit that has been issued by an Underlying Issuer. “Unfunded Capital Expenditures” means, as to the Borrower or any Subsidiary, without duplication, a Capital Expenditure funded (a) from such Person’s internally generated cash flow or (b) with the proceeds of a Loan. “Unintentional Overadvance” means an Overadvance which, to the Administrative Agent’s knowledge, did not constitute an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Secured Parties, including, without limitation, a reduction in the Appraised Value of property or assets included in the Borrowing Base, increase in Reserves or misrepresentation by the Loan Parties. “United States” and “U.S.” mean the United States of America. “Unreimbursed Amount” has the meaning specified in Section 2.03(f). “Unsecured Notes” means, collectively, (x) those certain 8.125% Senior Notes due 2026 issued by the Borrower under the Unsecured Notes Indenture, in an aggregate principal amount of $193,034,475 as of the Closing Date, (y) those certain 6.50% Senior Notes due 2026 issued by the Borrower under the Unsecured Notes Indenture, in an aggregate principal amount of $151,440,250 as of the Closing Date, and (z) any additional unsecured Senior Notes issued under the Unsecured Notes Indenture by the Borrower made in accordance with the terms hereof. “Unsecured Notes Documents” means, collectively, the Unsecured Notes, the Unsecured Notes Indenture, and all agreements, contracts, instrume...
UK Guarantee has the meaning specified in the definition of U.K. -------------- Security Documents.
UK Guarantee means the guarantee dated 30 May 1997 given by BG plc, the obligations of BG plc as surety having been novated to BGEH by agreement dated 8 and 9 December 1999, to BGE(UK) in relation to the transportation of gas by BGE(UK) through a pipeline from Moffat to Twynholm, Scotland;
UK Guarantee means the Guarantee Agreement, dated as of the First Amendment Effective Date, by U.S. Borrower, the Subsidiary Guarantors from time to time party thereto and U.K. Subsidiary Guarantors from time to time party thereto in favor of U.S. Agent and U.S. Revolving B Credit Lenders, as amended, restated, supplemented or otherwise modified from time to time.
UK Guarantee the UK Guarantee entered into by the UK Guarantors and the UK Security Agent for the benefit of the UK Term Loan Lenders and the other UK Secured Parties named therein, substantially in the form of Exhibit R-3, as the same may be amended, supplemented or otherwise modified from time to time.
UK Guarantee means the guarantee obligations of the UK Guarantors created pursuant to the UK Guarantee Agreement.