Continuing Loan Guaranty definition
Examples of Continuing Loan Guaranty in a sentence
CBL and JRI agree to cooperate and use commercially reasonable efforts to include in the terms of any assumption of a Continuing Loan Guaranty a provision to the effect that the general partner of the Operating Partnership is expressly exculpated from any liability under any such Continuing Loan Guaranty.
At the Closing, Purchaser agrees to assume all obligations of Seller and each Subsidiary (other than the Partnerships and their subsidiaries), and any partner of Seller or other Person (each such Person, a "Guarantor") accruing from and after the Closing Date pursuant to each guaranty and other indemnity agreement identified on Schedule 6.4-2 (each, a "Continuing Loan Guaranty") on such terms and pursuant to such documentation as the lender or other beneficiary thereof may reasonably require.