Limited Guarantee definition

Limited Guarantee has the meaning set forth in the Recitals.

Limited Guarantee means a Guarantee by a Person organized other than in the United States and Canada, the amount of which is limited in order to comply with applicable requirements of law in the jurisdiction of organization of the applicable Person with respect to the enforceability of such Guarantee.

Limited Guarantee means the obligation of the Company to make Guarantee Payments pursuant to Section 8.04.

Examples of Limited Guarantee in a sentence

• Without limiting the rights of the Company against the Parent Entities hereunder, in no event shall the Company or any of its Affiliates, and the Company agrees not to and to cause its Affiliates not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages from, any Parent Related Party (other than the Parent Entities or any payment from a Guarantor to the extent set forth in the applicable Limited Guarantee).

• Each Limited Guarantee is in full force and effect and is a legal, valid and binding obligation of the Guarantor party thereto, enforceable against such Guarantor in accordance with its terms, subject to the Bankruptcy and Equity Exception and no event has occurred which, with or without notice, lapse of time or both, would or would reasonably be expected to constitute a default or breach on the part of the Guarantor under such Limited Guarantee.

More Definitions of Limited Guarantee

Limited Guarantee. The Limited Guarantee by the Guarantor dated as of August 1, 1997, for the benefit of the Trustee, of Limited Guarantee Payment Amounts.

Limited Guarantee shall have the meaning specified in the recitals.

Limited Guarantee means the limited guarantee of the REIT with respect to the Securities pursuant to Article 12 of this Indenture.

Limited Guarantee has the meaning set forth in Section 2.5.

Limited Guarantee means the limited guarantee of the REIT with respect to the Securities pursuant to Article 13 of this Indenture.

Limited Guarantee means a Guarantee by a Person organized other than in Canada or the United States, the amount of which is limited pursuant to, or in order to comply with, applicable requirements of law in the jurisdiction of organization of the applicable Person.

Limited Guarantee has the meaning set forth in Section 4.09.