Common use of Approved Liability Maintenance and Allocation Clause in Contracts

Approved Liability Maintenance and Allocation. (a) During the Guaranty Indemnification Period, the Operating Partnership shall: (i) maintain on a continuous basis an amount of Qualifying Liabilities at least equal to the aggregate Required Liability Amount of all Protected Partners and Other Protected Persons; and (ii) provide the Protected Partners, promptly upon request, with a description of the nature and amount of any Approved Liabilities that are available to be guaranteed by the Protected Partners pursuant to Section 2.4(b) of this Agreement.

Approved Liability Maintenance and Allocation. (a) During the Guaranty Indemnification Period, the Operating Partnership shall: (i) maintain on a continuous basis an amount of Qualifying Liabilities at least equal to the aggregate Required Liability Amount of all Protected Partners and Other Protected Persons; and (ii) provide the Protected Partnersto CIO OP and Second City GP, promptly upon request, with a description of the nature and amount of any Approved Liabilities that are available to be guaranteed by the Protected Partners pursuant to Section 2.4(b) of this Agreement.

Approved Liability Maintenance and Allocation. (a) During the Guaranty Indemnification Period, the Operating Partnership shall: (i) maintain on a continuous basis an amount of Qualifying Liabilities at least equal to the aggregate Required Liability Amount of all Protected Partners and Other Protected Persons; and (ii) provide the Protected Partnersto Gibralt, promptly upon request, with a description of the nature and amount of any Approved Liabilities that are available to be guaranteed by the Protected Partners pursuant to Section 2.4(b) of this Agreement.

Approved Liability Maintenance and Allocation. (a) During the Guaranty Indemnification Period, the Operating Partnership shall: (i) maintain on a continuous basis an amount of Qualifying Liabilities at least equal to the aggregate Required Liability Amount of all Protected Partners and Other Protected Persons; and (ii) provide the Protected Partnersto Second City LP and Second City GP, promptly upon request, with a description of the nature and amount of any Approved Liabilities that are available to be guaranteed by the Protected Partners pursuant to Section 2.4(b) of this Agreement.

Approved Liability Maintenance and Allocation. (a) During the Guaranty Indemnification Period, the Operating Partnership shall: (i) maintain on a continuous basis an amount of Qualifying Liabilities at least equal to the aggregate Required Liability Amount of all Protected Partners and Other Protected Persons; and (ii) provide to the Protected Partners, promptly upon request, with a description of the nature and amount of any Approved Liabilities that are available to be guaranteed by the Protected Partners pursuant to Section 2.4(b) of this Agreement.