Removal of Guaranties. The Buyer will use its commercially reasonable efforts to ensure that, within 30 days after the Closing Date, either (i) the outstanding guaranties or other support arrangements by Parent, XxXxxxxxx or any of their respective Affiliates with respect to any of the Debt listed on Schedule 3.10 (which guaranties and support arrangements are listed on Schedule 8.5) are terminated or (ii) the Debt to which those guaranties or support arrangements relate is retired; provided, however, that if the Buyer is unable to effect the termination of any of those guaranties or support arrangements or the repayment of any of that Debt, the Buyer will indemnify and hold harmless Parent, XxXxxxxxx and each of their respective Affiliates from and against any liabilities, claims, demands, judgments, losses, costs, damages or expenses whatsoever (including reasonable attorneys' fees that any of them may sustain, suffer or incur and that result from or arise out of or relate to any of those guaranties support arrangements or that Debt, as the case may be.
Removal of Guaranties. 48 Section 8.06 Access...............................................48 Section 8.07 Licenses and Permits.................................48 Section 8.08 Orthodontist Employment Agreement....................48 Section 8.09 Continuity of Business...............................48
Removal of Guaranties. At or within 60 days following the Effective Time, Apple will cause the Stockholder Guaranties listed in Section 8.05 of the Disclosure Statement to be terminated.
Removal of Guaranties. From and after the date of --------------------- this Agreement, AEC shall use its best efforts to obtain as soon as possible after the Closing the cancellation and release of each and every personal guaranty of a Stockholder which guarantees any payment or other obligation of the DDS as indicated on Schedule 5.10 (a "Stockholder Guaranty"). In ------------- addition, AEC agrees to defend, indemnify and hold harmless all Stockholders, and their heirs, representatives, successors, and assigns, from and against any and all loss, liability, and expense (including, but not limited to, reasonable costs of investigation and defense and reasonable fees and expenses of attorneys and legal assistants) arising from or in connection with any such Stockholder Guaranty, unless such loss, liability, or expense is due to the willful or grossly negligent act or failure to act of the applicable Stockholder seeking indemnification.
Removal of Guaranties. No later than five business days after the IPO Closing Date, INVATEC will cause the Stockholder Guaranties, if any, listed in Section 4.13 of the Disclosure Statement, to be terminated. INVATEC will indemnify and hold harmless each Stockholder from and against any liabilities, claims, demands, judgments, losses, costs, damages or expenses whatsoever (including reasonable attorneys' fees) that such Stockholder may sustain, suffer or incur and that result from or arise out of or relate to such Stockholder Guaranties.
Removal of Guaranties. 8 1.13 Credits .................................................... 8 1.14 Deposit .................................................... 8
Removal of Guaranties. The parties intend the removal of all personal guaranties by Mr. Hernandez, wherever possixxx. Xxxx xxxend that the RNB loans/lines, Holston loan and LC, Line Haux Xxxxxces Agreement and certain guarantee with airlines that currently provide services to SkyNet MIA will be eliminated with the acquisition,
Removal of Guaranties. Within 120 days following the Effective Time, TMI will cause the Stockholder Guaranties listed in Schedule 8.05 to be terminated.
Removal of Guaranties. The Company covenants and agrees that it will --------------------- use its reasonable and diligent best efforts to cause all of the guarantors under the Lease Agreement to be removed from the Lease Agreement. The Company further covenants and agrees that it will, promptly after the Closing Date, pay in full any and all obligations owed on the equipment or other assets or property of Allstate, wherever located, that are covered by a guaranty by any Seller or an affiliate of a Seller. In each case the Company agrees to indemnify, defend and hold harmless Allstate, and each of the Sellers, from and against any and all Losses which may be incurred or suffered by any such party and which may arise out of or result from Allstate not fulfilling its commitments under the Lease Agreement or such other obligations."
Removal of Guaranties. At or within 60 days following the Effective Time, ARS will cause the Stockholder Guaranties listed in Schedule 8.05 to be terminated. -50- ARTICLE IX
