Common Contracts

2 similar Parent Company Guarantee contracts

PARENT COMPANY GUARANTEE - TEMPLATE
Parent Company Guarantee • May 4th, 2020

We, [●] (the “Guarantor”), hereby declare to irrevocably and unconditionally guarantee the payment of all sums, which [●] (the “Obligor”), may now or hereafter owe to Balansys S.A., a company incorporated in and under the laws of Luxembourg, having its registered office at 59-61 rue de Bouillon, L-1248 Luxembourg, registered at registre de commerce et des sociétés du Luxembourg sous le numéro B196896 (the “Beneficiary”) on account of Obligor’s obligations under the Balancing Agreement (the “Contract”) dated [●], and to the extent the Obligor fails to pay any amount due under such obligations, including the principal amount plus the interest, fees, costs and incidental charges (such sums hereinafter collectively referred to as the “Obligations”).

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PARENT COMPANY GUARANTEE - TEMPLATE
Parent Company Guarantee • May 4th, 2020

We, [●] (the “Guarantor”), hereby declare to irrevocably and unconditionally guarantee the payment of all sums, which [●] (the “Obligor”), may now or hereafter owe to Balansys S.A., a company incorporated in and under the laws of Luxembourg, having its registered office at 59-61 rue de Bouillon, L-1248 Luxembourg, registered at registre de commerce et des sociétés du Luxembourg sous le numéro B196896 (the “Beneficiary”) on account of Obligor’s obligations under the Balancing Agreement (the “Contract”) dated [●], and to the extent the Obligor fails to pay any amount due under such obligations, including the principal amount plus the interest, fees, costs and incidental charges (such sums hereinafter collectively referred to as the “Obligations”).

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