Failure of Guarantor. The failure of a Party’s Guarantor, if any, to perform any covenant in its guaranty, such guaranty expires, is terminated or ceases to guarantee the obligations of such Party under this Master Agreement or any Transaction, or such Guarantor becomes subject to a Bankruptcy Proceeding.
Appears in 2 contracts
Samples: Master Coal Purchase and Sale Agreement, Master Coal Purchase and Sale Agreement
Failure of Guarantor. The failure of a Party’s Guarantor, if any, Guarantor to perform any covenant in its guaranty, such guaranty expires, is terminated or ceases to guarantee the obligations of such Party under this Master Agreement Base Contract or any TransactionConfirmation, or such Guarantor becomes subject to a Bankruptcy Proceeding.
Appears in 2 contracts
Samples: Cover Sheet (Alliance Resource Partners Lp), Cover Sheet (Alliance Holdings GP, L.P.)