Deposit of Guarantee Sample Clauses

Deposit of Guarantee. This Guarantee shall take effect for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with and held by the Principal Paying Agent at its specified office (being at the date hereof at ▇▇▇▇▇ ▇▇▇▇, ▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ until all the obligations of the Guarantor have been discharged in full.
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Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with and held by The Chase Manhattan Bank for the benefit of the Holders until all the obligations of the Guarantor hereunder have been discharged in full.
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Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Relevant Account Holders from time to time and for the time being. This Guarantee shall be deposited with and held by BNP Paribas Securities Services, Luxembourg Branch as Issuing and Principal Paying Agent until all the obligations of the Guarantor have been discharged in full.
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Deposit of Guarantee. On the date of signature of this Agreement, the SUBLESSEE shall deliver to the SUBLESSOR the amount of $5,250 USD (five thousand two hundred and fifty USD) as deposit of guarantee, equivalent to one month rent.
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Deposit of Guarantee. To ensure the proper performance by the Lessee of all his obligations under this Lease, the Lessee shall pay the Lessor as of today’s date the sum of €641,634.43 (six hundred and forty-one thousand, six hundred and thirty-four Euro and forty-three cents) equivalent to three months’ rent excluding taxes and charges The Lessor must be in possession of such a guarantee deposit at any time during the occupation of the Leased Premises and as a guarantee of payment of rent, repairs and works to be paid for by the Lessee, including all fees, taxes, contributions, duties and other accessories, if any, pertaining to the sums referred to in Article 16, and generally so as to ensure the proper performance of all the obligations of the Lessee as regards the Lessor. Also, the guarantee deposit must be amended, automatically and without formalities, each time the amount of the annual rent is changed, so that this guarantee deposit still equals three months’ rent excluding taxes and charges. Furthermore, if for some reason, the guarantee deposit is used, the Lessee should immediately reconstitute the said deposit. Otherwise, the lease may be terminated if the Lessor thinks fit after sending an unsuccessful formal notice at least thirty days in advance. This guarantee may be invoked at any time during the Lease, its renewals and their periods of tacit agreement until full and final settlement of all rents and amounts due hereunder and until performance by the Lessee of all its obligations. Notwithstanding Article 2341 of the Civil Code, the Lessor will not be required to individualise this deposit. If title to the Leased Premises is to be transferred, the amount of the deposit shall be transferred automatically to the new owner, as will the duty to return the security deposit. The Lessee agrees in this regard that the previous Lessor shall be released, from the time of its substitution by the new owner, from the duty to return the deposit. This substitution shall be automatically and without formality opposable to the Lessee by virtue of the transfer of title to the Leased Premises to the new owner. Once the end of this Lease and its renewals arrive, the deposit shall be returned to the Lessee after the Lessor has determined that the Lessor has fully and properly complied with all its obligations. Upon termination of the lease for failure by the Lessee to perform his obligations or for any other reason whatsoever attributable to the Lessee, the deposit shall be forfeited ...
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Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Beneficiaries from time to time. This Guarantee shall be deposited with and held by the Principal Paying Agent at its specified office until the date which is five years after all the obligations of the Issuer under or in respect of any Notes, any Receipts, any Coupons and the Deed of Covenant have been discharged in full. ENEL hereby acknowledges the right of every Beneficiary to the production of, and the right of every Beneficiary to obtain a copy of, this Guarantee.
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Deposit of Guarantee. Upon entering the premises, the Lessee will give the Lessor two checks as a security deposit: • One of 400 € (four hundred euros) in the event of possible rental damage committed by the lessee. • A second of 70 € (seventy euros) in the event of non-compliance with the instructions (cleaning, cleaning and defrosting the refrigerator, clean and wiped dishes, wc and shower cleaned) Checks will be returned either on the day of departure of the lessee or at the latest within 15 days after departure unless the lessor finds rental damage. Are included as rental damage, all damage, damage to the accommodation, as well as damage, loss or theft caused to movable property furnishing the accommodation, during the rental period. In the case of rental damage, the deposit will be refunded within a maximum of 2 months, the expenses made in repair of the damage suffered deducted, justification and supporting invoices. If the amount of the losses exceeds the amount of the deposit of € 400 the tenant undertakes to settle the entire loss.
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Deposit of Guarantee. An original of this Deed of Guarantee shall be deposited with and held by or to the order of the Trustee at such place as it shall determine being at the date hereof until such time as the Guarantor's obligations and liabilities under this Deed of Guarantee have been fully discharged. The Guarantor hereby acknowledges the right of the Trustee and of every Noteholder to the production of this Deed of Guarantee.
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Deposit of Guarantee. This Guarantee shall take effect as a Deed Poll for the benefit of the Holders from time to time and for the time being. This Guarantee shall be deposited with
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Related to Deposit of Guarantee

  • Limitation of Guarantee The obligations of each Guarantor will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under Federal or state law. Each Guarantor that makes a payment or distribution under a Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the Adjusted Net Assets of each Guarantor.

  • Execution of Guarantee To further evidence the Guarantee to the Holders, the Guarantor hereby agrees to execute a Guarantee substantially in the form of Exhibit A hereto, to be endorsed on and made a part of each Security ordered to be authenticated and delivered by the Trustee. The Guarantor hereby agrees that its Guarantee set forth in Section 2.01 shall remain in full force and effect notwithstanding any failure to endorse on each Security a Guarantee. Each such Guarantee shall be signed on behalf of the Guarantor by its Chairman of the Board, its President or one of its Vice Presidents prior to the authentication of the Security on which it is endorsed, and the delivery of such Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of such Guarantee on behalf of the Guarantor. Such signature upon the Guarantee may be a manual or facsimile signature of such officer and may be imprinted or otherwise reproduced on the Guarantee, and in case such officer who shall have signed the Guarantee shall cease to be such officer before the Security on which Guarantee is endorsed shall have been authenticated and delivered by the Trustee or disposed of by the Company, the Security nevertheless may be authenticated and delivered or disposed of as though the Person who signed the Guarantee had not ceased to be such officer of the Guarantor.

  • Subordination of Guarantee The guarantee and other liabilities and obligations of the Depositor under this Agreement shall constitute unsecured obligations of the Depositor and shall rank subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) of the Depositor to the extent and in the manner set forth in the Indenture with respect to the Debentures, and the provisions of Article XIII of the Indenture will apply, mutatis mutandis, to the obligations of the Depositor hereunder. The obligations of the Depositor hereunder do not constitute Senior Indebtedness (as defined in the Indenture) of the Depositor.

  • Termination of Guarantee (a) This Guarantee shall terminate upon the satisfaction of the following: (i) either (A) all of the outstanding Guaranteed Class A Preferred LP Units shall have been purchased and cancelled; or (B) all of the outstanding Guaranteed Class A Preferred LP Units shall have been redeemed; and (ii) all other sums payable by the Partnership in respect of the Class A Preferred LP Unit Obligations have been paid. The Guarantor shall notify the Security Trustee in writing that the requirements set out in Sections 4.1(a)(i) and (ii) have been satisfied and that the Guarantee has been terminated as a result thereof. (b) This Guarantee shall terminate automatically upon the occurrence of any of the following events: (i) the Guarantor becomes a wholly-owned subsidiary entity of an Additional Guarantor; or (ii) the Guarantor becomes a wholly-owned subsidiary entity of the Partnership or Brookfield Renewable Energy L.P. The Guarantor shall notify the Security Trustee in writing of the occurrence of either of the events under this Section 4.1(b) and the termination of this Guarantee as a result thereof. (c) At any time following the termination of all of the BRP Equity Preferred Share Guarantee Obligations of the Guarantor, provided that an officer of the Partnership certifies to the Security Trustee that no default then exists of any of the Guaranteed Obligations, the Guarantor shall be entitled to request in writing to the Security Trustee that it be fully and unconditionally released from all of its rights, obligations and liabilities under this Guarantee. Upon the delivery of any such written request to the Security Trustee by the Guarantor pursuant to the foregoing sentence, the Guarantor shall, without any further action in respect thereto, be deemed to have been irrevocably and unconditionally released of all its rights, obligations and liabilities under this Guarantee and will cease to be the Guarantor for purposes of this Guarantee. (d) All of the rights, obligations and liabilities of the Guarantor pursuant to this Guarantee shall terminate upon the conveyance, distribution or transfer (including pursuant to a reorganization, consolidation, liquidation, dissolution, sale of any collateral, winding up, merger, amalgamation, arrangement or otherwise) of all or substantially all of the Guarantor’s properties, securities and assets to the Partnership or a Person that is an Additional Guarantor immediately prior to such conveyance, distribution or transfer. (e) Upon termination of this Guarantee, the Security Trustee shall, upon request of the Guarantor, provide to the Guarantor written documentation acknowledging the termination of this Guarantee.

  • Release of Guarantee This Guarantee shall be released in accordance with Section 10.2 of the Indenture.