Validity Guaranty Clause Samples
A Validity Guaranty clause serves to assure one party that the representations, warranties, or obligations made by the other party are legally valid and enforceable. In practice, this clause may require a party to confirm that all necessary corporate actions have been taken to authorize the agreement, or that no legal impediments exist to the contract’s enforceability. Its core function is to protect parties from entering into agreements that could later be challenged as invalid, thereby reducing legal risk and ensuring the reliability of the contract.
POPULAR SAMPLE Copied 1 times
Validity Guaranty. A Validity Guaranty constituting the unconditional, unlimited joint and several validity guaranty of the Obligations by James C. Kostelni and Douglas Hamm ("Guarantor");
Validity Guaranty. Two originals of the Validity Guaranty dated as of the date of this Agreement, duly executed by the executive officers and directors of the Borrower.
Validity Guaranty. The term “Validity Guaranty” shall mean each Limited Validity Guaranty by the Validity Guarantors in favor of Administrative Agent for the benefit of the Lender Parties.
Validity Guaranty. An original of the Validity Guaranty dated as of the date of this Agreement, duly executed by the executive officers and directors of the Borrower as requested by the Lender.
Validity Guaranty. This Validity Guaranty, dated as of December 31, 2012 and made effective as of February 22, 2013 (the “Validity Guaranty”), is made by C▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, an individual (the “Undersigned”), for the benefit of TCA Global Credit Master Fund, LP (the “Lender”).
Validity Guaranty. A Validity Guaranty constituting the unconditional, unlimited validity guaranty of the Obligations by the Guarantor;
Validity Guaranty. The term “Validity Guaranty” shall mean each Indemnity Agreement (Fraud Guaranty), dated as of the date hereof, by the Validity Guarantors in favor of Lender.
Validity Guaranty. The term "Validity Guaranty" shall mean that certain "validity guaranty" agreement executed by a Validity Guarantor, in a form and substance approved by Lender.
Validity Guaranty. A Validity Guaranty dated as of the date of this Agreement duly executed by Ar▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, in the form prepared by and acceptable to Lender.
Validity Guaranty. At all times during the term hereof, Borrower shall cause an authorized officer of Borrower (e.g. president, chief executive officer, etc.), such officer's authority to be evidenced by appropriate corporate resolutions and otherwise acceptable to Lender in all respects, to be bound under a validity and support agreement in favor of Lender, such validity and support agreement to be in substantially the same form as the Validity and Support Agreement delivered or about to be delivered by ▇▇▇▇▇▇ ▇▇▇▇▇▇ on the date hereof.