Common use of Stockholder Guarantees Clause in Contracts

Stockholder Guarantees. Subject to consummation of the Exchange, Newpark agrees that, after the Closing Date, it will cause the Company to discharge in accordance with its terms all indebtedness of the Company as to which the Stockholders have executed personal guarantees, as disclosed in the Disclosure Letter.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc), Agreement and Plan of Reorganization (Newpark Resources Inc)

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Stockholder Guarantees. Subject to consummation of the Exchange, Newpark agrees that, after the Closing Date, it will cause the Company Companies to discharge in accordance with its terms all indebtedness of the Company Companies as to which the Stockholders have executed personal guarantees, as disclosed in the Disclosure Letter.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc)

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Stockholder Guarantees. Subject to consummation of the Exchange, Newpark agrees that, after the Closing Date, that it will cause the Company Companies to discharge in accordance with its their terms all indebtedness of the Company Companies as to which the Stockholders have executed personal guarantees, as disclosed in the Disclosure Letter.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc)

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