subsidiary guaranty

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

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

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • 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

  • 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

  • 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 downstream guaranty ( …   Law dictionary

  • 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

  • Madison Guaranty — was a Little Rock, Arkansas financial trust company.Starting in 1982 and operated by Jim McDougal Susan McDougal Madison Guaranty Savings and Loan failed in the late 1980s. On April 14, 1997, Jim McDougal was convicted of 18 felony counts of… …   Wikipedia

  • Mortgage Guaranty Insurance Corporation — Name Mortgage Guaranty Insurance Corporation Headquarters Milwaukee, Wisconsin Symbol NYSE: MTG Principal Subsidiary MGIC, the nation s leading private mortgage insurer Company website …   Wikipedia

  • 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

  • restricted subsidiary — USA This term has a number of meanings. In the context of: • Finance, a mechanism used in loan agreements to determine which subsidiaries of the borrower will be required to comply with the covenants, guaranty the loan and pledge collateral, and… …   Law dictionary

  • List of banks — *This is a list of banks throughout the world.Africaflag|AngolaCentral Bank*Bank of Algeria (Banque Central d Algerie)Banks*Al Baraka Bank of Algeria *Algerian International Bank *Al Rayan Algerian Bank *Arab Banking Corporation *Banque Agricole… …   Wikipedia

Share the article and excerpts

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