Replacement Guarantee. In the event that Revolver A is terminated by the Lender after the date of this Agreement but prior to the expiration of the Initial Guarantee Period (or, if the Initial Guarantee Period is extended prior to such termination, prior to the expiration of the Guarantee Extension Period) and Parent is able to secure a replacement credit facility either from the Lender or another third-party lender on commercially reasonable terms, including an interest rate that, taking into account the assumption that VPVP will guarantee the obligations of the borrowers under such replacement credit facility, does not exceed the sum of the prime rate (as reported in The Wall Street Journal on the date of the closing of such replacement credit facility) plus 3.5% (any such replacement credit facility, a “Replacement Facility”), VPVP shall guarantee all of the obligations of Parent, Aviza and their respective subsidiaries, successors and assignees under the Replacement Facility (the “Replacement Guarantee”); provided, however, that VPVP shall not be obligated to guarantee in excess of Twenty Million Dollars ($20,000,000) in aggregate principal amount of borrowings under the Replacement Facility pursuant to the Replacement Guarantee. The Replacement Guarantee shall have a term equal to the remaining term of the Initial Guarantee Period or the Guarantee Extension Period, as applicable; and provided further, that if Parent enters into the Replacement Facility during the Initial Guarantee Period, Parent shall have the right to request the Guarantee Extension with respect to the Replacement Facility pursuant to the terms of Section 3.1 hereof.
Replacement Guarantee. Monsoon shall use reasonable best efforts to, effective as of the Closing or as promptly as practicable thereafter, enter into a customary guarantee (the “Replacement Guarantee”) to replace the guarantee given by Indigo Guarantor (the “Busportal Guarantee”) pursuant to the Busportal Shareholders Agreement and obtain from the Initial Shareholders (as defined in the Busportal Shareholders Agreement) a full release of liability on the part of Indigo Guarantor with respect to its obligations under the Busportal Guarantee. From and after the Closing, and until such time as Monsoon has entered into the Replacement Guarantee and obtained such release of liability in accordance with this Section 7.18, Monsoon shall indemnify and hold harmless Indigo Guarantor and its Affiliates for any liability arising under the Busportal Guarantee.
Replacement Guarantee. (a) Our Replacement Guarantee period for Permanent Recruitment is 12 weeks from the candidate’s start date.
Replacement Guarantee. (a) The Developer may, by notice in writing, request that the City return the Guarantee if:
Replacement Guarantee. 7.1. A twelve (12) week replacement guarantee will be offered for all recruitment services;
Replacement Guarantee. The Tenant must give notice to the Landlord within seven days after becoming aware of a Guarantor Replacement Event. If the Landlord responds by giving notice requiring a replacement the Tenant must within 28 days of receiving such notice from the Landlord procure some other person reasonably acceptable to the Landlord to execute a replacement guarantee in the form executed by the Guarantor in respect of whom the Guarantor Replacement Event has occurred.
Replacement Guarantee. In the event that there is a breach of one of more of the Guarantor Covenants which is subsisting, the Guarantor shall, if so requested in writing by the Seller, within 7 Business Days after receipt of notice from the Seller procure that General Maritime Corporation (or another member of the Guarantor’s Group satisfactory to the Seller, acting reasonably) (the “Replacement Guarantor”) shall enter into a new guarantee in favour of the Seller on substantially the same terms as this Agreement, which shall replace this Agreement in its entirety (a “Replacement Guarantee”). If the Guarantor fails for any reason to procure the provision of the Replacement Guarantee in accordance with this Clause 8.2, then the provisions of Clause 4 (Administration of Claims) shall cease to apply until the Replacement Guarantee is so provided. The Seller shall execute the Replacement Guarantee promptly following receipt of the same duly executed by the Replacement Guarantor upon which this Agreement shall terminate and be of no further force or effect.
Replacement Guarantee. This Guarantee supersedes and replaces that certain Guarantee dated as of April 8, 2004, by Citigroup Global Markets Holdings Inc. in favor of Counterparty. In Witness Whereof, the undersigned has executed this Guarantee on the date specified below with effect from the date first above written. CITIGROUP INC. By:________________________________________ Name: Title: Agreed and acknowledged by: U.S. BANK TRUST NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee on behalf of TIERS® Inflation-Linked Trust 2004-21 By:________________________________________ Name: Title:
Replacement Guarantee. The Guarantor shall deliver to the Collateral Agent within 120 days after each fiscal year end a solvency certificate substantially in the form delivered to the Collateral Agent in connection with this Agreement (except that the Guarantor shall not therein be required to make reference to, and shall not be required to procure, any independent assessment of the value of any of its assets), which solvency certificate shall state (i) the realizable value of the Guarantor's assets, (ii) the Guarantor's liabilities and (iii) the Guarantor's stated capital of all classes of shares. If such solvency certificate and the calculations contained therein disclose that it would be possible for the Guarantor at such time to provide a guarantee in a greater amount than that provided for in section 2.2, then the Guarantor shall promptly execute and deliver to the Collateral Agent an amended guarantee which will be amended to include such increased amount and shall be accompanied by an opinion of counsel to the Guarantor in respect of such amended guarantee substantially in the form of the portion of the opinion delivered to the Collateral Agent on the date hereof which is applicable to this Agreement.
Replacement Guarantee. 30 8.04 Preservation of Books and Records; Access......................................................30 8.05
