Common use of Stockholder Guarantees Clause in Contracts

Stockholder Guarantees. The Stockholder and/or its Affiliates are guarantors with respect to certain indebtedness or otherwise provide certain forms of credit support, in each case as listed on Schedule 4.3 (the "Guaranteed Indebtedness"). Prior to the Closing, Mirant or Buyer 1 shall cause the Stockholder and its Affiliates to be replaced and released as guarantor or other applicable status with respect to all of the Guaranteed Indebtedness.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Mirant Corp), Stock Purchase Agreement (Mirant Corp)

AutoNDA by SimpleDocs

Stockholder Guarantees. The Stockholder and/or its Affiliates are guarantors with respect to certain indebtedness or otherwise provide certain forms of credit support, in each case as listed on Schedule 4.3 4.3-A (the "Guaranteed Indebtedness"). Prior to the Closing, Mirant or Mirant, Buyer 1 and Note Buyer shall cause the Stockholder and its Affiliates to be replaced and released by an Affiliate of Mirant as guarantor or other applicable status with respect to all of the Guaranteed Indebtedness.Indebtedness as listed on Schedule 4.3-B.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mirant Corp)

AutoNDA by SimpleDocs

Stockholder Guarantees. The Stockholder and/or its Affiliates are ----------------------- guarantors with respect to certain indebtedness or otherwise provide certain forms of credit support, in each case as listed on Schedule 4.3 4.3-A (the --------------- "Guaranteed Indebtedness"). Prior to the Closing, Mirant or Mirant, Buyer 1 and Note Buyer shall cause the Stockholder and its Affiliates to be replaced and released by an Affiliate of Mirant as guarantor or other applicable status with respect to all of the Guaranteed Indebtedness.Indebtedness as listed on Schedule 4.3-B. --------------

Appears in 1 contract

Samples: Stock Purchase Agreement (Mirant Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.