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Completion Guaranties Clause Samples

Completion Guaranties. With respect to any Auto Receivable, all counterparts of any installment sale contracts, together with evidence of title with respect to the security therefor;
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Completion Guaranties. Molasky shall cause Affiliates reasonably acceptable to the lender of the Voya Loan to execute payment and completion guaranties with respect to such loan reasonably acceptable to such lender and the guarantors; provided that the .amount guarantied does not exceed $100,000,000. Unless at such time there is an uncured material default under the Voya Loan such guaranties will terminate on the Final Completion Date, as defined in the New Development Agreement.
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Completion Guaranties. The Original Contractor Guarantor has executed and delivered the Original Completion Guaranty, a copy of which is attached as Exhibit J-1, under which it shall guarantee to the Concessionaire and the Department the performance and completion of all of the Original Design-Build Contractor’s obligations under the Original Design-Build Contract (including, but not limited to, its warranty and indemnification obligations). The NEXT Contractor Guarantor is executing and delivering the NEXT Completion Guaranty, a copy of which is attached as Exhibit J-2 as of the Second Amended and Restated Agreement Date, under which it shall guarantee to the Concessionaire and the Department the performance and completion of all of the NEXT Design-Build Contractor’s obligations under the NEXT Design-Build Contract (including, but not limited to, its warranty and indemnification obligations).
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Completion Guaranties. In the event that, at any time or from time to time, a guaranty (or letter of credit or cash collateral in lieu of a guaranty) is required in connection with the completion of the Project pursuant to the terms of any Financing approved pursuant to Section 2.02(f) (individually, a “Completion Guaranty” and collectively, the “Completion Guaranties”), and such Completion Guaranty has been approved by the Completion Guarantor and the Members in connection with the approval of the applicable Financing pursuant to Section 2.02(f), the JV Member, either directly or through an Affiliate of the JV Member (individually and collectively, the “Completion Guarantor”), shall make such Completion Guaranty. The Completion Guarantor shall not receive any fees or other compensation for making a Completion Guaranty. The form, amount and terms and conditions of any Completion Guaranty shall be approved by the Members as part of the approval of the applicable Financing pursuant to Section 2.02(f).
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Completion Guaranties. 74 SECTION 5.5. Taxes and Charges; Obligations in Ordinary Course of Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 SECTION 5.6. Chief Executive Office; Corporate Name . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 SECTION 5.7. ERISA Compliance and Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 SECTION 5.8. Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 SECTION 5.9. Access to Books and Records; Examinations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 SECTION 5.10. Third Party Audit Rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 SECTION 5.11. Maintenance of Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 SECTION 5.12. Material Adverse Effect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 SECTION 5.13. Further Assurances; Security Interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 SECTION 5.14. Performance of Obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 SECTION 5.15. Copyright . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 SECTION 5.16. Film Properties and Rights; Credit Parties to Act as Pledgeholder. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 SECTION 5.17. Laboratories; No Removal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 SECTION 5.18. Lab Access Letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81 SECTION 5.19.
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Completion Guaranties. Obtain a Completion Guaranty from an Approved Completion Guarantor on terms and conditions satisfactory to the Agent naming the Agent for the benefit of the Lenders as a beneficiary thereunder to the extent of the Credit Party's financial interest for all Product which a Credit Party is producing or in which a Credit Party has an Investment which is subject to completion risk.
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Completion Guaranties. 12 Section 6.3
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Related to Completion Guaranties

  • Contractor Guaranties Contractor shall: (a) Perform fully under the Contract; (b) Guarantee the Goods or Services against defective material or workmanship and to repair any damage or marring occasioned in transit or, at the Client Agency's option, replace them; (c) Furnish adequate protection from damage for all work and to repair damage of any kind, for which its workers are responsible, to the premises, Goods, the Contractor’s work or that of Contractor Parties; (d) With respect to the provision of Services, pay for all permits, licenses and fees and give all required or appropriate notices; (e) Adhere to all Contractual provisions ensuring the confidentiality of Records that the Contractor has access to and are exempt from disclosure under the State’s Freedom of Information Act or other applicable law; and (f) Neither disclaim, exclude nor modify the implied warranties of fitness for a particular purpose or of merchantability.

  • Guaranties Guarantee or become liable in any way as surety, endorser (other than as endorser of negotiable instruments for deposit or collection in the ordinary course of business), accommodation endorser or otherwise for, nor pledge or hypothecate any assets of Borrower as security for, any liabilities or obligations of any other person or entity, except any of the foregoing in favor of Bank.

  • Guaranty Agreements Any Guaranty Agreement or any provision thereof shall for any reason cease to be in full force and effect or valid and binding on or enforceable against any Credit Party or a Credit Party shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Credit Party shall fail to perform any of its obligations thereunder; or

  • Collateral Documents and Guaranties Each Lender (which term shall include, for purposes of this Section 8.6, any Hedge Agreement Counterparty) hereby further authorizes Administrative Agent, on behalf of and for the benefit of Lenders, to enter into each Collateral Document as secured party and to be the agent for and representative of Lenders under each Guaranty, and each Lender agrees to be bound by the terms of each Collateral Document and the Guaranties; provided that Administrative Agent shall not (a) enter into or consent to any material amendment, modification, termination or waiver of any provision contained in any Collateral Document or the Guaranties or (b) release any Collateral (except as otherwise expressly permitted or required pursuant to the terms of this Agreement or the applicable Collateral Document), in each case without the prior consent of Requisite Lenders (or, if required pursuant to Section 9.6, all Lenders); provided further, however, that, without further written consent or authorization from Lenders, Administrative Agent may execute any documents or instruments necessary to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted by this Agreement or to which Requisite Lenders have otherwise consented, (ii) release any Subsidiary Guarantor from the Subsidiary Guaranty if all of the Capital Stock of such Subsidiary Guarantor is sold to any Person (other than an Affiliate of Company) pursuant to a sale or other disposition permitted hereunder or to which Requisite Lenders have otherwise consented or (iii) subordinate the Liens of Administrative Agent, on behalf of Secured Parties, to any Liens permitted by clause (v) of Section 6.2(a); provided that, in the case of a sale or other disposition of such item of Collateral or stock referred to in subdivision (i) or (ii), the requirements of Section 9.14 are satisfied. Anything contained in any of the Loan Documents to the contrary notwithstanding, (A) no Lender shall have any right individually to realize upon any of the Collateral under any Collateral Document or to enforce any Guaranty, it being understood and agreed that all powers, rights and remedies under the Collateral Documents and the Guaranties may be exercised solely by Administrative Agent for the benefit of Lenders in accordance with the terms thereof and (B) in the event of a foreclosure by Administrative Agent on any of the Collateral pursuant to a public or private sale, Administrative Agent or any Lender may be the purchaser of any or all of such Collateral at any such sale and Administrative Agent, as agent for and representative of Lenders (but not any Lender or Lenders in its or their respective individual capacities unless Requisite Lenders shall otherwise agree in writing) shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such public sale, to use and apply any of the Obligations as a credit on account of the purchase price for any Collateral payable by Administrative Agent at such sale.

  • Guaranty Each Guarantor hereby absolutely and unconditionally, jointly and severally guarantees, as primary obligor and as a guaranty of payment and performance and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all Secured Obligations (for each Guarantor, subject to the proviso in this sentence, its “Guaranteed Obligations”); provided that (a) the Guaranteed Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor and (b) the liability of each Guarantor individually with respect to this Guaranty shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the Bankruptcy Code of the United States or any comparable provisions of any applicable state law. Without limiting the generality of the foregoing, the Guaranteed Obligations shall include any such indebtedness, obligations, and liabilities, or portion thereof, which may be or hereafter become unenforceable or compromised or shall be an allowed or disallowed claim under any proceeding or case commenced by or against any debtor under any Debtor Relief Laws. The Administrative Agent’s books and records showing the amount of the Obligations shall be admissible in evidence in any action or proceeding, and shall be binding upon each Guarantor, and conclusive for the purpose of establishing the amount of the Secured Obligations. This Guaranty shall not be affected by the genuineness, validity, regularity or enforceability of the Secured Obligations or any instrument or agreement evidencing any Secured Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Secured Obligations which might otherwise constitute a defense to the obligations of the Guarantors, or any of them, under this Guaranty, and each Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing.

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