Guarantees and Indebtedness. Except as disclosed on financial statements of the Borrower furnished to the Lender, the Borrower is not a party to any material contract of guaranty or suretyship and none of its assets is subject to any contract of that nature and the Borrower is not indebted to any other party, except the Lender.
Guarantees and Indebtedness. 7.1 The Buyer shall after Completion use all reasonable endeavours to ensure that as soon as reasonably practicable after becoming aware of any subsisting guarantee, security interest or indemnity given by any member of the Seller’s Group in relation to the obligations of any Group Company, the member of the Seller’s Group in question is released from each such guarantee, security interest and indemnity, and pending that release the Buyer shall indemnify each member of the Seller’s Group on demand against all Losses incurred by that member on or after Completion arising from or in connection with any such guarantee, security interest or indemnity, without prejudice to any claim that the Buyer may have under the Warranties or the Tax Covenant and provided also that the Seller will give notice of any claim which it or a member of the Seller’s Group receives pursuant to any such guarantee, security interest or indemnity as soon as reasonably practicable after receipt of the same by the Seller or any member of the Seller’s Group.
Guarantees and Indebtedness. 12.1 The Guarantor unconditionally and irrevocably undertakes to the Seller:
Guarantees and Indebtedness. 7 5.7 Taxes....................................... 7 5.8 Accuracy of Information..................... 7 5.9
Guarantees and Indebtedness. Except as disclosed in Exhibit G, the Company is not a party to any contract of guaranty or suretyship and none of its assets is subject to any contract of that nature. The Company is not indebted to any other party, except to the parties and in the amounts set forth in Exhibit H, and current liabilities incurred in the ordinary course of business.
Guarantees and Indebtedness. The Vendor is not a party to, or bound by, any guarantee, indemnification, surety or similar obligation in respect of the Business or the Purchased Assets.
Guarantees and Indebtedness. 7.1 The ERO Purchaser shall use its reasonable endeavours to procure on or as soon as reasonably practicable following Completion the release of any D&M Companies from any outstanding D&M Guarantees and pending such release shall, and shall procure that each ERO Company shall, indemnify and keep indemnified Meggitt and any D&M Company against all amounts paid by it pursuant to a D&M Guarantee after Completion (and all Losses incurred attributable to such liability). The ERO Purchaser shall offer, or procure that an ERO Company shall offer, a similar guarantee in substitution for such D&M Companies (if the D&M Guarantee is issued by a D&M Company) or (if the D&M Guarantee is supported by an indemnity, performance, advance payment or retention bond, letter or credit or similar arrangement issued by a third party) shall procure that an ERO Company shall procure a similar guarantee, retention bond, letter of credit or other arrangement, as applicable, in favour of the third party, if coupled with a release of the relevant D&M Guarantee or, if not, in favour of the relevant D&M Company for an amount equal to that under the guarantee obligation issued by the third party, in each case as reasonably requested by the DSAG Purchaser. For so long as and to the extent that any release from a D&M Guarantee has not been obtained, the ERO Purchaser shall use its reasonable efforts to procure that any ERO Company whose obligations are guaranteed pursuant to such D&M Guarantee performs the obligations that are so guaranteed.
Guarantees and Indebtedness. The Seller and CCCC are not a party to or bound by any guarantee, indemnification, surety or similar obligation (except such as are granted in the ordinary course of business to the Bank of Montreal) in respect of the Business.
Guarantees and Indebtedness. 10.1 The Buyer shall use all reasonable endeavours to ensure that as soon as reasonably practicable after Completion each member of each of the Seller’s Groups is released from any and all subsisting guarantees, security interests and indemnities given by it in relation to the obligations of the Company given by Travelex UK Limited under the Guaranteed Contracts. The Sellers shall co-operate with the Buyer in obtaining such releases and neither the Buyer nor the Guarantor shall be obliged to pay any monies or assume any additional obligations over and above those in the existing guarantees. Pending each such release, the Buyer shall indemnify each relevant member of each of the Seller’s Groups on demand against all Losses actually incurred by that member arising on or after Completion from or in connection with any such guarantee, security interest or indemnity.
Guarantees and Indebtedness. Neither Target Company is a guarantor or otherwise responsible for any liability or obligation (including Indebtedness) of any other Person. Schedule 4.32 sets forth the amount of all Indebtedness of the Target Companies for borrowed money as of the date hereof.
