Removal of Guaranties. 29 TABLE OF CONTENTS PAGE
Removal of Guaranties. ARS will use its reasonable best efforts to ensure that, within 90 days after the Effective Time, either (a) the Stockholder Guaranties, if any, listed in Schedule 6.02 are terminated or (b) the Indebtedness to which those Guaranties relate is retired; provided, however, that if ARS is unable to effect the termination of any of those Guaranties or the retirement of any of that Indebtedness, ARS will indemnify and holds 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 that Guaranty or that Indebtedness, as the case may be.
Removal of Guaranties. Invatec will use its reasonable efforts to ensure that, within 90 days after the Effective Time, either (a) the Stockholder Guaranties, if any, listed in SECTION 6.01 OF THE DISCLOSURE STATEMENT are terminated or (b) the Indebtedness to which those Guaranties relate is retired; provided, however, that if Invatec is unable to effect the termination of any of those Guaranties or the retirement of any of that Indebtedness, 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 that Guaranty or that Indebtedness, as the case may be.
Removal of Guaranties. Within 120 days following the Effective Time, WORK will cause the Stockholder Guaranties listed in Schedule 8.04 to be terminated. WORK hereby agrees to indemnify each Stockholder who is a guarantor under any Stockholder Guaranty listed on Schedule 8.04 which is not terminated on or before the IPO Closing Date against, and hold harmless each such Stockholder from, any Damages incurred by such Stockholder as a result of any default by the Company on or after the IPO Closing Date with respect to any Indebtedness covered by such Stockholder Guaranty.
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
Removal of Guaranties. (a) Within one hundred and twenty (120) days of the Closing Date, Buyer shall use its best efforts and due diligence to cause to be removed, cancelled or otherwise extinguished those guaranties given by the Stockholders to certain third parties that are specifically identified on Schedule 5.3(a).
(b) Within three (3) years after the Closing Date, the Stockholders shall use their best efforts and due diligence to cause to be removed, cancelled or otherwise extinguished those guaranties given by the Company to certain third parties that are specifically identified on Schedule 5.3(b)
Removal of Guaranties. Buyer will use its reasonable best efforts to ensure that, within ninety (90) days after the Closing Date, either (i) the guaranties listed in Schedule 5.4 are terminated or (ii) the indebtedness or other obligations to which those guaranties relate are retired; provided, however, that if Buyer is unable to effect the termination of any of those guaranties or the retirement of any of such indebtedness or other obligations, Buyer will indemnify and hold harmless the persons listed on Schedule 5.4 (the “Guarantors”) from and against any Losses (as defined in Section 6.1) that the Guarantors may sustain, suffer or incur and result from or arise out of or relate to any such guaranties.
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. T-NDE will use its reasonable best efforts to ensure that, within 90 days after Closing, the Guaranties made by James W. Law, listed in Sxxxxxxx 6.02 are terminated; provided, however, that if T-NDE is unable to effect the termination of any of those Guaranties or the retirement of any of Indebtedness, T-NDE will indemnify and hold harmless James W. Law from and againxx xxx liabilities, claims, demands, judgments, losses, costs, damages or expenses whatsoever (including reasonable attorneys' fees) that James W. Law may sustain, suxxxx xx incur and that result from or arise out of or relate to that Guaranty or that Indebtedness, as the case may be. T-NDE will notify James W. Law within 90 days axxxx xxxsing of any Guaranties with respect to which he has not been released, and James W. Law may terminate thxxx Xxxxanties prospectively. T-NDE will take no action to alter, modify, or change the Guaranties without James W. Law's written consenx.
