Examples of FTX Guaranty in a sentence
Nothing in this Section 2.18 shall be deemed in any way to derogate from or affect FTX's own direct obligations under this Agreement (including Section 7.1), the FTX Guaranty or the other Loan Documents.
FTX has the power to execute, deliver and perform its obligations under this Agreement, the FM Intercreditor Agreement, the FTX Guaranty, the FTX Security Agreement and any other Loan Document executed and delivered or to be executed and delivered by it at any time, to guarantee the Loans pursuant to the FTX Guaranty and to countersign and accept the terms of the FTX Intercreditor Agreement.
No Contractual Obligation of FM Properties, FTX or FCX and no Requirement of Law materially adversely affects or insofar as FM Properties, FTX or FCX may reasonably foresee will materially adversely affect the ability of FM Properties, FTX or FCX to perform their obligations under this Agreement, the Notes, the FTX Guaranty or the FCX Guaranty.
The Banks shall have received executed copies of the Intercreditor Agreements, FTX Guaranty and FCX Guaranty and if requested by the Banks, copies of the security agreements executed in connection therewith, in form and substance satisfactory to the Banks.
Pursuant to the FTX Guaranty and the FCX Guaranty, FTX and FCX taken together, guarantee the full repayment of principal and interest on the Notes.
Notwithstanding anything herein to the contrary other than the second to last sentence of this Section 2.03, so long as no Guarantor Default has occurred and is continuing, no demand shall be made on FCX hereunder until three business days after demand for payment has been made under the FTX Guaranty with respect to an amount payable under the FTX Basic Guaranty and FTX has failed to make such payment.
The FTX Guaranty Agreement guarantees the principal and interest on the Notes which are secured as more fully described therein.
No consent or authorization of, filing with, or other act by or in respect of any governmental authority is required in connection with the Obligations thereunder or with the execution and delivery, performance, validity or enforceability of this Agreement or the FTX Guaranty.
The Prior Guaranty was amended and restated to limit the Prior Guaranty (as amended and restated) to all obligations of the Borrower other than principal and interest on the Notes, and in exchange therefor, the Guarantor executed the FTX Guaranty Agreement, dated as of July 17, 1995, and the FTX Security Agreement.
Neither FM Properties, FTX nor FCX is in default under or with respect to any Contractual Obligation in any respect that could be material and adverse to the business, operations, property or financial or other condition of FM Properties, FTX or FCX or that could materially adverse affect the ability of FM Properties, FTX or FCX to perform its obligations under this Agreement, the Notes, the FTX Guaranty or the FCX Guaranty.