Termination of Guarantees. The Parties acknowledge and agree that the obligations of the Company Group under or with respect to the EFH/TCEH Guarantees shall be terminated and extinguished as of the Contribution Effective Time pursuant to the Plan of Reorganization.
Termination of Guarantees. Any Guarantee or any Pledge to be provided by any of the Restricted Credit Parties pursuant to the terms of this Agreement is or purports to be terminated by notice given under Article 2362 of the Civil Code of Québec or other Applicable Law, unless such termination is effected in the context of replacing a Restricted Subsidiary with another in accordance with the relevant provisions of this Agreement or, if despite such termination, no Default occurs under Section 14.2.
Termination of Guarantees. On or prior to the Closing Date, the Company shall terminate each of the surety bonds, performance bond guarantees or financial assurances set forth on Schedule 3.20.
Termination of Guarantees. The BT Parties shall, prior to the Date of the Merger, use their best efforts to cause all guaranties granted by BTC, either in the form of personal guaranties (garantias fidejussórias) or in the form of collateral (garantias reais) in respect of any third parties’ obligations to be released by the respective creditors. In the event that any such guaranty may not be released, BT shall provide the TI Parties, as the case may be, with counter-guaranties reasonably satisfactory to them.
Termination of Guarantees. The Guarantee of any Guarantor (including the Initial Guarantors), and the provisions of any supplemental indenture with respect to a Guarantee by such Guarantor and this Indenture with respect to such Guarantor, shall be released, terminated and of no further force and effect, without further action by any party, immediately upon the release or termination of such Guarantor's guarantee of indebtedness under all Credit Agreements to which it is a party. * * * * * 95 102
Termination of Guarantees. (a) Buyer shall use reasonable best efforts to obtain, on or prior to the Closing, the termination of, and full release of Seller and its Affiliates (other than the Company Group) from, all obligations of Seller and its Affiliates (other than the Company Group) arising under all guarantees, clawback arrangements, keepwells, letters of credit, indemnity or contribution agreements, support agreements, comfort letters, insurance surety bonds or other contingent obligations set forth in Section 5.15(a) of the Company Disclosure Letter (collectively, the “Seller Guarantees”). Such efforts shall include an offer by Buyer (or with Seller’s consent by an Affiliate of Buyer or by other Persons) to substitute its own obligations for those of Seller and its Affiliates (other than any member of the Company Group) under each Seller Guarantee on no less favorable terms than apply to Parent, Seller or its Affiliates (other than the Company Group).
(b) Parent, Seller and the Company shall use reasonable best efforts to obtain, on or prior to the Closing, the termination of, and full release of the members of the Company Group from, all obligations of such Company Group members arising under all guarantees, clawback arrangements, keepwells, letters of credit, indemnity or contribution agreements, support agreements, comfort letters, insurance surety bonds or other contingent obligations related to any obligation of Seller or any of their respective Affiliates (other than the Company Group) set forth in Section 5.15(b) of the Company Disclosure Letter (collectively, the “Company Group Guarantees”). Such efforts shall include an offer by each of Parent and Seller (or with Buyer’s consent by an Affiliate of Parent or Seller or by other Persons) to substitute its own obligations for those of the applicable member of the Company Group under each Company Group Guarantee on no less favorable terms than apply to such member of the Company Group.
Termination of Guarantees. All Guarantees shall have been terminated in accordance with Section 5.11
Termination of Guarantees. Each Stockholder will take all actions necessary to release the Company on or prior to the Closing from any guarantee given by the Company for personal indebtedness of such Stockholder or otherwise provide appropriate assurances that such guarantee will be released as soon as reasonably practicable after the Closing.
Termination of Guarantees. Except for guarantees pursuant to physician Contracts which have been entered into in the ordinary course of business and identified on Schedule 7.12 hereto, all guarantees executed by any Acquired Entity shall have been terminated.
Termination of Guarantees. Except for guarantees pursuant to physician agreements which have been entered into in the ordinary course of business, all guarantees (other than guarantees under the Indenture which will be released upon completion of the Tender Offer and/or the Redemption of any Untendered Notes) executed by the Acquired Entities shall have been terminated.
