Termination of Guaranties. The Shareholders' guaranties of ------------------------- indebtedness of the Company set forth on Schedule 9.3(g) shall have been released.
Termination of Guaranties. DPW and MPC hereby agree and acknowledge, for the avoidance of doubt, that any and all personal guaranties delivered by Xxxxxx Xxxxx and Xxxxxx Xxxxxxx related to loans made by DPW to MPC shall be terminated and of no further force or effect upon the effectiveness of the Closing. In addition, DPW and MPC shall undertake their respective commercially reasonable efforts to have any other personal guarantees delivered by Messrs. Ergul and Xxxxxxx terminated as soon as reasonably practicable after Closing.
Termination of Guaranties. 40 (h) Registration Rights Agreement........................................ 40 (i) Employment Agreements................................................ 40
Termination of Guaranties. (a) From and after the date hereof, the Parties hereto will use their respective reasonable best efforts to obtain, on or prior to the Closing, the termination of, and full release of Seller and its Affiliates from any and all obligations arising under, any and all guarantees, keepwells, letters of credit, indemnity or contribution agreements, support agreements, insurance surety bonds or other similar Contracts made by Seller or any of its Affiliates solely to the extent arising in respect of any Assumed Liability or for the benefit of any obligee of the Business or the Purchased Assets (solely in its capacity as such) set forth on Schedule 5.12 (each, a “Seller Guaranty”). Such efforts shall include an offer by Buyer (or, with Seller’s consent, an Affiliate of Buyer) to substitute its own obligations for those of Seller or their respective Affiliates under any Seller Guaranty on terms no less favorable to the applicable obligee or beneficiary thereof than as provided by the applicable Seller Guaranty. Notwithstanding the foregoing, in no event shall Buyer’s obligations pursuant to any such substitute for a Seller Guaranty be in a materially different form, or in excess of the amount, provided for by Seller without Buyer’s consent.
Termination of Guaranties. Effective as of the Effective Date, the SGLP Guaranty and the SemGroup Guaranty (if and to the extent not deemed to be an executory contract and rejected pursuant to Section 2.1 hereof) shall be deemed terminated with respect to the Parties and each Party that is a party thereto shall be relieved of any obligation to such other Parties as are party thereto to make any payments, including, without limitation, payment on any prepetition or postpetition Claim for damages or otherwise, under such terminated guaranties or to otherwise perform under such guaranties for the benefit of any such other Party. ARTICLE III MUTUAL RELEASES 3.1
Termination of Guaranties. Each Shareholder shall have been released from any guaranty by him or her of any Permitted Liability, or Buyer shall have agreed, in form and substance reasonably satisfactory to the applicable Shareholder, to indemnify and hold such Shareholder harmless from all liabilities arising out of any guaranty by him or her of any Permitted Liability.
Termination of Guaranties. Landlord and Tenant hereby acknowledge and agree that the Guaranty of Lease dated May 30, 1990 by Affymax, N.V., a Netherlands corporation and the Guaranty of Lease dated May 30, 1990 by Affymax Technologies, N.V., a Curacao corporation provided to Landlord and attached to the Original Lease are terminated effective as of the date of this Amendment and shall be of no further force or effect.
Termination of Guaranties. On the Closing Date, all Guaranties (as defined in the Existing Credit Agreement) provided by the Guarantors (as defined in the Existing Credit Agreement) under the Existing Credit Agreement shall be terminated and released. Each of the parties hereto has caused a counterpart of this Second Amended and Restated Revolving Credit Agreement to be duly executed and delivered as of the date first above written. BORROWERS: BRANDYWINE REALTY TRUST, a Maryland real estate investment trust By: /s/ Gxxxxx X. Xxxxxxx Name: Gxxxxx X. Xxxxxxx Title: President and Chief Executive Officer BRANDYWINE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership By: Brandywine Realty Trust, a Maryland real estate investment trust, its general partner By: /s/ Gxxxxx X. Xxxxxxx Name: Gxxxxx X. Xxxxxxx Title: President and Chief Executive Officer Revolving Credit Agreement
Termination of Guaranties. HSR hereby releases FMR Corp. of all liability for its obligations under the FMR Guaranty, and HSR and WGI hereby terminate the FMR Guaranty as of the Option Effective Date. HSR hereby releases State Street Boston Corporation and its successors of all liability for its obligations under the State Street Guaranty, and HSR and WGI hereby terminate the State Street Guaranty as of the Option Effective Date.
