Examples of Company Guaranties in a sentence
If a claim arises under any of the Company Guaranties that results from a Neutral Event, each Member shall be liable to Company Guarantor for their pro rata share of the total liability incurred thereunder (based on each Member’s respective Participation Percentages at the time of such loss), and each Member hereby indemnifies and agrees to hold Company Guarantor harmless from and against any claim that Company Guarantor may sustain or incur as a result of such claim.
The Guaranteed Obligations (as defined in each of the Project Company Guaranties) are or will be secured in part by the Mortgages encumbering certain properties associated with the Approved Projects in such Projects' respective states.
The Company Guarantors hereby consent to the terms of this Amendment, repeats and reaffirms each and all of their obligations under the Company Guaranties and agree that the Company Guaranties guarantee repayment of the Note.
Prior to the Revolving Maturity Date, Borrowers shall secure in cash all obligations under any outstanding Partner Company Guaranties on terms acceptable to Bank.
This Agreement, the Notes, the Letter of Credit Applications and each Letter of Credit issued thereunder, the Letter Agreements, the Company Guaranties, the Security Documents and all other documents and agreements required to be executed in connection herewith and therewith.
Schedule 4.20 describes all Company Guaranties posted by the Seller, its Affiliates or third parties in connection with the businesses of Liberty and its Subsidiary, which Company Guaranties shall be subject to substitution as provided in Section 6.12.
If a claim arises under any of the Company Guaranties that results from a Neutral Event, each Member shall be liable to Company Guarantor for their pro rata share of the total liability incurred thereunder (based on each Member’s respective Participation Percentage at the time of such loss) and each Member hereby indemnifies and agrees to hold Company Guarantor harmless from and against any claim that Company Guarantor may sustain or incur as a result of such claim.
Section 4.19 of the Disclosure Schedules contains a complete and accurate list of all Company Guaranties necessary to operate the business and assets of the Companies.
Intermediate Holding Company Guaranties Applicants state that CTG Resources, an Intermediate Holding Company, has provided guaranties and other forms of credit support on behalf of its subsidiaries.
Except as set forth in this Section 6.12 with respect to the Company Guaranties listed in Schedule 4.20, Buyer shall have no responsibilities with respect to any Company Guaranties and shall not be substituted thereunder unless and until specifically agreed to in writing by Buyer or its Affiliates.