Common use of Limited Guarantees Clause in Contracts

Limited Guarantees. Parent has furnished to the Company a true, complete and correct copy of the Limited Guarantees. Each Limited Guarantee has been duly and validly executed and delivered by the Guarantor executing such Limited Guarantee and is in full force and effect. Each Limited Guarantee is a (i) legal, valid and binding obligation of the applicable Guarantor and (ii) enforceable in accordance with its respective terms against such Guarantor, subject to the Bankruptcy and Equity Exception. There is no default under any Limited Guarantee by any Guarantor, and no event has occurred that with the lapse of time or the giving of notice or both would constitute a default thereunder by any Guarantor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Centurium Capital Partners 2018, L.P.), Agreement and Plan of Merger (China Biologic Products Holdings, Inc.)

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Limited Guarantees. Parent has furnished to the Company with a true, complete and correct copy of the each Limited GuaranteesGuarantee. Each The Limited Guarantee has been duly and validly executed and delivered by the Guarantor executing such Limited Guarantee and is Guarantees are in full force and effecteffect and have not been amended or modified. Each Limited Guarantee is a (i) legal, valid and binding obligation of the applicable Guarantor and of each of the other parties thereto and (ii) enforceable in accordance with its respective terms against such Guarantor, the applicable Guarantor and each of the other parties subject to the Bankruptcy and Equity Exception. There is no default under any the Limited Guarantee Guarantees by any Guarantorthe Guarantors, and no event has occurred that with the lapse of time or the giving of notice or both would constitute a default thereunder by any Guarantorthe Guarantors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CorePoint Lodging Inc.), Agreement and Plan of Merger (CorePoint Lodging Inc.)

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