Examples of Escrow Guaranteed Obligations in a sentence
Scripps may not assign its rights or obligations under the Scripps Escrow Guaranteed Obligations without the written consent of the Trustee.
Scripps waives any obligation which may now or hereafter exist on the part of the Trustee to inform it of the risks being undertaken by guaranteeing the Scripps Escrow Guaranteed Obligations or of any changes in such risks and, from and after the date hereof, Scripps undertakes to keep itself informed of such risks and any changes therein.
Scripps has made such investigation as it deems desirable of the risks undertaken by it in guaranteeing the Scripps Escrow Guaranteed Obligations and is fully satisfied that it understands all such risks.
The Scripps Escrow Guaranteed Obligations shall automatically terminate upon the earlier of (a) the time the Escrow Release is consummated and (b) the date the Scripps Escrow Guaranteed Obligations are paid in full.
The Company agrees that, until the Scripps Escrow Guaranteed Obligations are paid in full, it will not exercise any right of reimbursement, subrogation, contribution, offset or other claims against the Company or any other guarantor arising by contract or operation of law in connection with any payment made or required to be made by Scripps pursuant to this Article X.
All payments pursuant to this Article X shall be made in the same currency as the underlying Scripps Escrow Guaranteed Obligations.
In the event that a Special Mandatory Redemption is required hereunder, Scripps will pay or cause to be paid to the Trustee for the benefit of the Holders of the Notes the amount of such Scripps Escrow Guaranteed Obligations which is then due and payable and unpaid.
No delay or omission on the part of the Trustee in exercising any right under this Indenture or under any guarantee of the Scripps Escrow Guaranteed Obligations shall operate as a waiver or relinquishment of such right.
For purposes hereof, the Scripps Escrow Guaranteed Obligations shall be due and payable when and as the same shall be due and payable under the terms of this Indenture and the Note(s) notwithstanding the fact that the collection or enforcement thereof may be stayed or enjoined under any Bankruptcy Law or other applicable law.
Xxxx TV waives any obligation which may now or hereafter exist on the part of the Trustee to inform it of the risks being undertaken by guaranteeing the Xxxx Escrow Guaranteed Obligations or of any changes in such risks and, from and after the date hereof, Xxxx TV undertakes to keep itself informed of such risks and any changes therein.