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Austria became neutral, with the U.S.S.R. as one of the guarantor powers.
Now one of the guarantor countries — Russia — is invading Ukraine, and other guarantor countries appear unable to stop the aggression.
From the perspective of the guarantor, as distinct from the mortgage holder, lower rates are all to the good since they reduce the risk of default.
Hence the sudden guarantee for any struggling bank.A big con, nonethelessHowever, this offer is only as good as the credit of the guarantor.
For the avoidance of doubt, the termination of the Acquisition Agreement, other than pursuant to Section 8.1 e)(i), shall not affect or impair the effectiveness of the guaranty provided herein with respect to the Covered liabilities of the Covered BSC Entities or the obligations of the Guarantor hereunder with respect thereto.
Even if the underlying instrument can be successfully restructured, the guarantee will typically stand as an independent obligation of the guarantor that will require separate treatment in the restructuring.
Similar(48)
Yet the identity of the guarantors and the level of their commitment remain confidential.
Patton is indispensable to the war effort – one of the guarantors of our victory".
And why does the head of the state and the guarantor of the Constitution keep silent?
Guarantor of the article: Steve A. Miller, BA is the guarantor of this study.
E.I. is the guarantor of the work.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com