Common use of Removal of Certain Guarantees Clause in Contracts

Removal of Certain Guarantees. (a) Removal of ESI Group as Guarantor of ADA-ES and ADA-ES Liabilities. Except as otherwise contemplated in the Corporate Restructuring Transactions or otherwise specified in any Ancillary Agreement ESI, and ADA-ES shall use commercially reasonable efforts to have, on or prior to the Distribution Date, or as soon as practicable thereafter, ESI and any other member of the ESI Group removed as a guarantor of, or obligor under or for, any ADA-ES Liability.

Appears in 3 contracts

Samples: Distribution Agreement (Ada-Es Ing), Distribution Agreement (Ada-Es Inc), Distribution Agreement (Earth Sciences Inc)

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Removal of Certain Guarantees. (a) Removal a)Removal of ESI Group as Guarantor of ADA-ES and ADA-ES Liabilities. Except as otherwise contemplated in the Corporate Restructuring Transactions or otherwise specified in any Ancillary Agreement ESI, and ADA-ES shall use commercially reasonable efforts to have, on or prior to the Distribution Date, or as soon as practicable thereafter, ESI and any other member of the ESI Group removed as a guarantor of, or obligor under or for, any ADA-ES Liability.

Appears in 1 contract

Samples: Distribution Agreement (Earth Sciences Inc)

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