Xxxxxxx-Xxxxxx Guaranty Sample Clauses

Xxxxxxx-Xxxxxx Guaranty. Xxxxxxx X. Xxxxxx (“WWW”) does hereby unconditionally and irrevocably guarantee to Owner the (i) payment, repayment or reimbursement of any damages or losses incurred by Owner arising from the criminal acts of WWW or the misappropriation of funds by WWW under the Resort Management Agreement, including the payment of the Reconciliation Amount, if any, pursuant to Section 6.2 of the Resort Management Agreement, and (ii) the payment of any insurance premiums pursuant to Sections 11.2 and 11.3 of the Resort Management Agreement, for which WWW shall be jointly and severally liable with Manager throughout the term of the Resort Management Agreement and any and all renewals and extensions thereof. WWW does hereby consent (i) that without affecting the liability of WWW under this guaranty and without notice to WWW, time may be given by Owner to Manager for payment of sums due or performance of duties under the Resort Management Agreement; (ii) that Owner may avail itself of or exercise any or all of the rights and remedies against Manager provided by law or by the Resort Management Agreement, and may proceed either against Manager alone or jointly against Manager and WWW or against WWW alone without first prosecuting or exhausting any remedy or claim against Manager; (iii) to any subsequent change, modification or amendment of the Resort Management Agreement in any of its terms, covenants or conditions, or in the monies payable thereunder, or in the term thereof, and to any assignment or assignments of the Resort Management Agreement, and to any renewals or extensions thereof, all of which may be made without notice to or consent of WWW and without in any manner releasing or relieving WWW from liability under this guaranty; (iv) that the bankruptcy of Manager shall have no effect on the obligations of WWW hereunder; (v) that in respect of any payments made by WWW hereunder, WWW shall not have any rights based on suretyship, subrogation or otherwise to stand in the place of Owner so as to compete with Owner as a creditor of Manager, unless and until all claims of Owner under the Resort Management Agreement shall have been fully paid and satisfied; and (vi) this guaranty shall apply to the foregoing guaranteed obligations regardless of whether WWW’s obligations are enforced prior to the termination of this guaranty and the obligations set forth herein, or at any time thereafter (including, without limitation, after the expiration of the term of the Resort Management...
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Related to Xxxxxxx-Xxxxxx Guaranty

  • Distributions; Xxxxxx Xxx Guaranty On or before each Determination Date (or as soon thereafter as is reasonably practicable), Xxxxxx Mae shall calculate the Lower Tier Distribution Amount for the current calendar month. On each Distribution Date, Xxxxxx Xxx shall withdraw from the Certificate Account the portion of the Lower Tier Distribution Amount distributable thereon and shall make the distributions to the Holders of the related Lower Tier Regular Classes in the respective amounts and in the applicable manner determined pursuant to Section 2.02. In the event that the amount on deposit in the Certificate Account on any Distribution Date shall be less than the applicable portion of the Lower Tier Distribution Amount distributable thereon, Xxxxxx Mae shall provide from its own funds the amount of any such insufficiency. In addition, in the event that (i) the applicable portion of the Lower Tier Distribution Amount shall be insufficient to pay all interest due and payable on the related Lower Tier Regular Classes on such Distribution Date or (ii) such Distribution Date is a Final Distribution Date for any Class and the distribution on such Distribution Date of the applicable portion of the Lower Tier Distribution Amount will not be sufficient to reduce the Class Balance of such Class to zero on such Final Distribution Date, then Xxxxxx Xxx shall (a) withdraw from the Certificate Account, such amount as shall be necessary to remedy such insufficiency and (b) to the extent that funds in the Certificate Account shall be insufficient therefor, apply its own funds towards remedying the same.

  • Xxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Xxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Sxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Sxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Xxxx-Xxxxx-Xxxxxx Act The waiting period (and any extension thereof) applicable to the consummation of the transactions contemplated hereby under the HSR Act shall have expired or been terminated.

  • XX XXXXXXX XXXXXXX the parties hereof have caused this Agreement to be executed in duplicate on the day and year first above written.

  • Xxxxxx Xxxxxx Xxxx Xx Day, 3rd Monday in January;

  • Xxxxxxx X Xxxxxxxx

  • Xxxxxxxx, X X. Xxxxxx, as Trustee .................. 00 Xxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000

  • Sxxxxxxx-Xxxxx The Company is, or on the Closing Date will be, in material compliance with the provisions of the Sxxxxxxx-Xxxxx Act of 2002, as amended, and the rules and regulations promulgated thereunder and related or similar rules or regulations promulgated by any governmental or self-regulatory entity or agency, that are applicable to it as of the date hereof.

  • Xxxx Xxxxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

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