cross-stream guaranty

cross-stream guaranty
USA
cross-stream guaranty, Also known as a cross guaranty.
A guaranty of debt or other obligations from a sister affiliate of the debtor.
Glossary

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • cross stream guaranty — A phrase sometimes used to describe a guaranty of a loan to a borrowing entity when the borrowing entity is affiliated with the guarantor corporation through common ownership but is neither a parent nor a subsidiary corporation. For the purposes… …   Financial and business terms

  • cross guaranty — USA cross stream guaranty, Also known as a cross guaranty. A guaranty of debt or other obligations from a sister affiliate of the debtor. Glossary downstream guaranty ( …   Law dictionary

  • net worth guaranty — USA A clause which limits the amount of a guaranty, usually to 80% to 95% of a guarantor s fair market net worth for the purpose of avoiding fraudulent conveyance liability. Such liability may result if the guarantor does not receive equivalent… …   Law dictionary

  • upstream guaranty — USA upstream guaranty, Also known as a subsidiary guaranty. A guaranty of debt or other obligations from a subsidiary of the debtor. Glossary cross stream guaranty ( …   Law dictionary

  • subsidiary guaranty — USA upstream guaranty, Also known as a subsidiary guaranty. A guaranty of debt or other obligations from a subsidiary of the debtor. Glossary cross stream guaranty ( …   Law dictionary

  • downstream guaranty — USA downstream guaranty, Also known as a parent guaranty. A guaranty whereby a parent company, as guarantor, assumes the responsibility for the payment or performance of an action or obligation of its subsidiary by agreeing to compensate the… …   Law dictionary

  • parent guaranty — USA downstream guaranty, Also known as a parent guaranty. A guaranty whereby a parent company, as guarantor, assumes the responsibility for the payment or performance of an action or obligation of its subsidiary by agreeing to compensate the… …   Law dictionary

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …   Wikipedia

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”