Worsley Guarantees Sample Clauses
Worsley Guarantees. Following the Closing, Holdings shall use commercially reasonable efforts to eliminate any remaining Worsley Guarantees. Nothing in this Section 9.5 shall require Holdings, Catalytica, their respective Affiliates or Subsidiaries to assume any of the Worsley Guarantees or otherwise guarantee any of the amounts subject thereto, or to make any financial accommodation whatsoever in respect thereof, except as expressly provided herein.
Worsley Guarantees. The Parties shall use commercially reasonable efforts prior to the Closing to eliminate (i) the personal guarantee of R. ▇▇▇▇▇▇▇ and C. ▇▇▇▇▇▇▇ executed in favor of Salt River Project Agricultural Improvement and Power District (“SRP”), dated as of August 21, 2006 (the “SRP Guarantee”); and (ii) the Sponsor Guaranty, by and among R. ▇▇▇▇▇▇▇, C. ▇▇▇▇▇▇▇ and CoBank, ACB, dated as of September 1, 2006 (the “CoBank Guarantee”). All of the foregoing are hereinafter collectively referred to as the “Worsley Guarantees.” Nothing in this Section 6.18 shall require Catalytica, its Affiliates or any of their respective Subsidiaries to assume any of the Worsley Guarantees or otherwise guarantee any of the amounts subject thereto, or to make any financial accommodation whatsoever in respect thereof, except as expressly provided herein.