The Australian Parent Guarantee Clause Samples
The Australian Parent Guarantee. (a) The Australian Parent Guarantee is in full force and effect and the Company’s obligations under this Agreement are guaranteed by Rio Tinto Limited under the Australian Parent Guarantee.
(b) Neither the Company nor Rio Tinto Limited have sought to terminate or amend the Australian Parent Guarantee and no other steps have been taken, in each case, to exclude or limit Rio Tinto Limited’s liabilities under the Australian Parent Guarantee in relation to the Company’s obligations under this Agreement.
The Australian Parent Guarantee. (a) The Company will not, and will procure that Rio Tinto Limited does not, seek to terminate or amend the Australian Parent Guarantee or take any other steps where, in each case, this would exclude or limit Rio Tinto Limited’s liabilities under the Australian Parent Guarantee in relation to the Company’s obligations under this Agreement.