Guarantee Clauses Clause Samples

Guarantee Clauses. 9.1 For all debts that Party B owes to Party A hereunder, Party B or a third party approved by Party A shall provide the property mortgage or pledge guarantee or joint guarantee, and Party B or the third party acting as the guarantor shall issue or sign another letter of guarantee at the request of Party A. 9.2 If the guarantor fails to sign the letter of guarantee and complete the guarantee procedures in accordance with the provisions of this article (including the circumstance in which the debtor of accounts receivable raises a pleabefore the pledge of the accounts receivable), Party A is entitled to refuse to provide Party B with a credit line. 9.3 Provided that the mortgagor has provided real estate mortgage guarantee for all debts that Party B owes to Party A hereunder, if Party B knows that the collateral has been or may be included in the scope of government demolition and expropriation, it shall notify Party A immediately and urge the mortgagor to continue using the government's compensation to provide guarantee for Party B's debts in accordance with the mortgage contract, to complete the corresponding guarantee procedures in a timely manner, or to provide other safeguard measures accepted by Party A in accordance with Party A's requirements.
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Guarantee Clauses. 5.1 All the debts under this agreement from Party B shall be joint liability guarantee by Shandong Weijiao Group Xuecheng Energy Co., Ltd., which shall provide Party A with irrevocable maximum guarantee letter and guarantee contract. 5.2 All the debts under this agreement from Party B are subject to its guarantor and its real estate, land as mortgage. The two parties are to sign the guarantee contract (see attached mortgage list).
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Guarantee Clauses. 5.1 The third party Anhui Sea-Converge Guarantee Co., Ltd shall be the guarantor with joint liability on all liabilities / debts owed by Party B to Party A. The guarantor shall issue irrevocable letters of guarantee on the specific business types hereinabove to Party A case by case, and the responsibilities on guarantee born by the guarantor to Party A shall be specified or determined in the specific letters of guarantee. And / or 5.2 All liabilities or debts owed by Party B to Party A hereunder shall be mortgaged or pledged by_________ and all properties of _________or those properties the party has the right to dispose, for which, both parties shall sign a guarantee contract otherwise. If the guarantor fails to sign on a guarantee contract or document or handle guarantee formalities as stipulated in this article, Party A shall have the right to stop or suspend credit giving to Party B.
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Guarantee Clauses. 1. Party B shall pledge to Party A the time deposit certificate with the amount larger than the total of principal and interests of the loan as performance guarantee. 2. Party B shall use the loan for the purpose set out in the Agreement, and shall not use it for any other purpose or conduct any illegal activity by the loan. Otherwise, Party A has the right to request Party B to pay the principal and interest immediately, with the legal consequences arising therefrom being borne by Party B. 3. Party B shall repay principal and pay interests in USD in the period prescribed under the Agreement. Party A shall be entitled to recover the part of the loan not repaid on time, and collect overdue interests by 0.02% of daily interest rate according to the number of overdue days. 4. If Party B obtains the USD loan from a bank in the period of borrowing hereunder, it shall firstly repay principal and pay interests hereunder. 5. In order to ensure the performance of the Agreement, Party B’s repayment Guarantor (Party C), Shanghai ECMOHO Health Biotechnology Co., Ltd., undertakes to pledge the USD time deposit certificate with the amount equal to the total amount of the Loan to Party A and undertake joint and several responsibility for repayment of principal and payment of interests of the loan together with Party B. 6. Party D guarantees that Party B will fulfill responsibilities for repayment of principal and payment of interests pursuant to the Agreement. 7. After Party B repays principal and pays interests of the loan by USD, Party A shall simultaneously return to Party B the time deposit certificate pledged to it.
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Guarantee Clauses. 1. In the event that the mortgage right has not been set up or is invalid due to the following causes, and the Mortgagor and the Debtor are not the same person, the Mortgagor shall provide the guarantee under the debt ceiling with respect to the guaranteed creditor’s right, which shall be subject to the agreement in Article 1 hereof. And the guarantee shall be in the form of joint and several liability guarantee: (1) The Mortgagor fails to register the mortgaged asset as specified herein; (2) The statements and guarantees made by the Mortgagor are false.
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Guarantee Clauses. 1) The buyer is aware of the technical details of the inventions mentioned in this contract. 2) The seller confirms that he is not aware of any legal deficiency of the PCT-application and of any factual deficiency of the invention. The seller confirms, that the European part of the PCT-application is free from rights of third parties and that no licenses have been granted for the countries mentioned in the Preface. 3) The seller is aware of the international research report of the PCT-application. The seller confirms that he is not aware of any additional state of technology that may be in the way of the patent granting.
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Related to Guarantee Clauses

  • CONTRACT CLAUSES  A SOLICITATION/CONTRACT FORM 1  I CONTRACT CLAUSES 58  B SUPPLIES OR SERVICES AND PRICES/COSTS 2 PART III - LIST OF DOCUMENTS, EXHIBITS & ATTACHMENTS  C DESCRIPTION/SPECS./WORK STATEMENT 25  J LIST OF ATTACHMENTS 74  D PACKAGING AND MARKING 26 PART IV - REPRESENTATIONS AND INSTRUCTIONS  E INSPECTION AND ACCEPTANCE 27 K REPRESENTATIONS, CERTIFICATIONS OTHER STATEMENTS OF OFFERORS  F DELIVERIES OR PERFORMANCE 29  G CONTRACT ADMINISTRATION DATA 32 L INSTRS., CONDS., AND NOTICES TO  H SPECIAL CONTRACT REQUIREMENTS 34 M EVALUATION FACTORS FOR AWARD

  • GUARANTEE CONDITIONS 4.1 The performance certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Standard Specification. 4.2 For the determination of JAR take-off and landing performance a hard dry level runway surface with no runway strength limitations, no line-up allowances, no obstacles, zero wind, atmosphere according to ISA, except as otherwise noted, and the use of speed brakes, flaps, landing gear and engines in the conditions liable to provide the best results will be assumed. 4.2.1 When establishing take-off and second segment performance no air will be bled from the engines for cabin air conditioning or anti-icing.

  • Guarantee Limitations The limitations applicable to the Guarantees, as set forth in Section 209 of the Indenture, will apply to the Guarantees issued hereunder; provided, however, that any further limitations, or any amendments or modifications to such Guarantees or limitations thereon, shall be set forth in an additional supplemental indenture, in each case in accordance with the Indenture.

  • Mortgage Clause 1. If a mortgagee is named in this policy, any loss payable under Coverage A or B will be paid to the mortgagee and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages. 2. If we deny your claim, that denial will not apply to a valid claim of the mortgagee, if the mortgagee: a. Notifies us of any change in ownership, occupancy or substantial change in risk of which the mortgagee is aware; b. Pays any premium due under this policy on demand if you have neglected to pay the premium; and c. Submits a signed, sworn statement of loss within 60 days after receiving notice from us of your failure to do so. Paragraphs F. Appraisal, H. Suit Against Us and J. Loss Payment under Section I – Conditions also apply to the mortgagee. 3. If we decide to cancel or not to renew this policy, the mortgagee will be notified at least 4. If we pay the mortgagee for any loss and deny payment to you: a. We are subrogated to all the rights of the mortgagee granted under the mortgage on the property; or b. At our option, we may pay to the mortgagee the whole principal on the mortgage plus any accrued interest. In this event, we will receive a full assignment and transfer of the mortgage and all securities held as collateral to the mortgage debt. 5. Subrogation will not impair the right of the mortgagee to recover the full amount of the mortgagee's claim.

  • Collateral and Guarantee Matters Without limiting the provisions of Section 9.09, each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations) and the L/C Issuers irrevocably authorize the Administrative Agent to, (a) release any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document (i) upon termination of the Aggregate Commitments under this Agreement and the “Aggregate Commitments” as defined in the Nexstar Credit Agreement and payment in full of all Secured Obligations (excluding contingent indemnification obligations not yet accrued and payable) and the expiration or termination of all Letters of Credit (if any) issued under this Agreement and “Letters of Credit” (if any) as defined in and issued under the Nexstar Credit Agreement (other than (x) Letters of Credit and “Letters of Credit” as defined in the Nexstar Credit Agreement (if any), (y) obligations under Secured Hedge Agreements and “Secured Hedge Agreements” as defined in the Nexstar Credit Agreement but not yet due and payable, and (z) Cash Management Obligations and “Cash Management Obligations” as defined in the Nexstar Credit Agreement but not yet due and payable, in each case of (x), (y) and (z) as to which other arrangements satisfactory to the relevant Group Administrative Agent, and the relevant Group L/C Issuer, the relevant Group Hedge Bank or the relevant Group Cash Management Bank, as applicable, shall have been made), (ii) at the time the property subject to such Lien is transferred or to be transferred as part of or in connection with any sale or other Disposition permitted hereunder or under any other Loan Document, (iii) subject to Section 10.01, if approved, authorized or ratified in writing by the Majority Lenders, or (iv) if the property subject to such Lien is owned by a Guarantor, upon release of such Guarantor from its obligations under its Guaranty pursuant to the terms of this Agreement; (b) release any Guarantor from its obligations under any of the Guaranties and the Security Documents and release any Liens granted by such Guarantor if such Person is no longer required to be a Guarantor pursuant to the definition of “Collateral and Guarantee Requirement” and Section 6.11; and (c) release or subordinate any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(i). Upon request by the Administrative Agent at any time, the Majority Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the applicable Guaranty pursuant to this Section 9.10.