Common use of Bonds, Letters of Credit, Etc Clause in Contracts

Bonds, Letters of Credit, Etc. Buyer shall use commercially reasonable efforts, and execute and deliver all commercially reasonable documents, to ensure that as of the Closing Time, Buyer has in place the bonds, letters of credit, indemnity agreements and similar instruments necessary to operate the System.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Knology Inc), Asset Purchase Agreement (Knology Inc)

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Bonds, Letters of Credit, Etc. Buyer shall use commercially reasonable efforts, and execute and deliver all commercially reasonable documents, to ensure that as of the Closing TimeTime for a System, Buyer has in place the bonds, letters of credit, indemnity agreements and similar instruments necessary listed on Schedule 5.21 applicable to operate the such System.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Knology Inc), Asset Purchase Agreement (Knology Inc)

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Bonds, Letters of Credit, Etc. Buyer shall use commercially reasonable efforts, and efforts to execute and deliver all commercially reasonable documents, documents to ensure insure that as of on the Closing Time, Date Buyer has in place the delivered such bonds, letters of credit, indemnity agreements and similar instruments necessary in such amounts and in favor of such Franchising Authority and other persons requiring the same in connection with the Governmental Permits to operate the Systemextent they are reasonable and customary in the industry for similarly situated cable system operators in terms of size and financial and operating qualifications.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Knology Inc), Asset Purchase Agreement (Shenandoah Telecommunications Co/Va/)

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