Common use of Limited Guarantees Clause in Contracts

Limited Guarantees. Concurrently with the execution of this Agreement, each Guarantor has delivered to the Company a duly executed Limited Guarantee. Assuming the due authorization, execution and delivery by the Company, each of the Limited Guarantees is in full force and effect and is a legal, valid, enforceable and binding obligation of the corresponding Guarantor (subject to the Bankruptcy and Equity Exception), and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a Guarantor under the corresponding Limited Guarantee.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sequoia Capital China I Lp), Agreement and Plan of Merger (Chiu Na Lai), Agreement and Plan of Merger (Le Gaga Holdings LTD)

AutoNDA by SimpleDocs

Limited Guarantees. Concurrently with the execution of this Agreement, each Guarantor has delivered to the Company a duly executed Limited GuaranteeGuarantee with respect to certain matters on the terms specified therein. Assuming the due authorization, execution and delivery by the Company, each Each of the Limited Guarantees is in full force and effect and is constitutes a legal, valid, binding and enforceable and binding obligation of the corresponding Guarantor (applicable Guarantor, subject to the Bankruptcy and Equity Exception), and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a any Guarantor under the corresponding any Limited Guarantee.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (iDreamSky Technology LTD), Agreement and Plan of Merger (Qihoo 360 Technology Co LTD), Agreement and Plan of Merger (Bona Film Group LTD)

Limited Guarantees. Concurrently with the execution of this Agreement, each Guarantor has delivered to the Company a duly executed Limited Guarantee. Assuming As of the due authorization, execution and delivery by the Companydate of this Agreement, each of the Limited Guarantees Guarantee is in full force and effect and is a legal, the valid, binding and enforceable and binding obligation of the corresponding Guarantor (subject to the Bankruptcy and Equity Exception)applicable Guarantor, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a such Guarantor under the corresponding such Limited Guarantee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Tire Distributors Holdings, Inc.)

Limited Guarantees. Concurrently with Each of the execution of this Agreement, Limited Guarantees has been duly and validly executed and delivered by each Guarantor has delivered to the Company a duly executed executing such Limited Guarantee. Assuming Guarantee and is in full force and effect, and assuming the due authorization, execution and delivery by the Company, each of the Limited Guarantees is in full force and effect and is constitutes a legal, valid, enforceable valid and binding obligation of such Guarantor that executed it, enforceable against such Guarantor in accordance with the corresponding Guarantor (terms thereof subject to the Bankruptcy and Equity Exception)Enforceability Exceptions, and no event has occurred, whichoccurred that, with or without notice, lapse of time or both, would constitute a default on the part of a any Guarantor under the corresponding Limited GuaranteeGuarantees.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tarena International, Inc.)

AutoNDA by SimpleDocs

Limited Guarantees. Concurrently with the execution of this Agreement, each Guarantor of the Guarantors has delivered delivered, or has caused to be delivered, to the Company a Limited Guarantee, which has been duly executed and delivered. Each Limited Guarantee. Assuming the due authorization, execution and delivery by the Company, each of the Limited Guarantees Guarantee is in full force and effect and is a legal, the valid, binding and enforceable and binding obligation of the corresponding respective Guarantor. There are no defaults under any Limited Guarantee by the respective Guarantor (subject and, to the Bankruptcy and Equity Exception)Knowledge of Parent, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a such Guarantor under the corresponding such Limited Guarantee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cellular Biomedicine Group, Inc.)

Limited Guarantees. Concurrently with the execution of this Agreement, each Guarantor has the Guarantors have duly executed and delivered the Limited Guarantees to the Company a duly executed Limited GuaranteeCompany. Assuming As of the due authorization, execution and delivery by the Companydate hereof, each of the Limited Guarantees is in full force and effect and is a the legal, valid, enforceable valid and binding obligation of the corresponding Guarantor (each Guarantor, enforceable in accordance with its terms, subject to the Bankruptcy and Equity Exception), and no has not been amended, withdrawn or rescinded in any respect. No event has occurred, occurred which, with or without notice, lapse of time or both, would constitute a default or breach on the part of a any Guarantor under the corresponding Limited GuaranteeGuarantees.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Textainer Group Holdings LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!