Examples of Indemnity Guarantor in a sentence
In the event that Borrower fails to make any payment of any Guaranteed Obligations when, as and to the extent required by the Note, the Deed of Trust or the Unsecured Indemnity, Guarantor immediately shall cause such payment to be made.
Seller acknowledges that in the event Seller or the Indemnity Guarantor shall default hereunder, Buyer shall be entitled to exercise any and all remedies available at law or in equity, including but not limited to, obtaining injunctive relief.
In order to further document the provisions of this paragraph, Seller and the Indemnity Guarantor shall execute a non-compete agreement in the form of Exhibit P attached at the Closing (the "Non-compete Agreement").
None of Borrower, Intermediate SPE, any Seller, Servicer, Indemnity Guarantor or any of their respective ERISA Affiliates has established or maintains or contributes (or has an obligation to contribute) to, or otherwise has any liability with respect to, any “employee benefit plan” that is covered by Title IV of ERISA or Section 412 of the Code.
Seller and the Indemnity Guarantor covenant that, except for the "Saks Annex" to the Las Vegas Property identified on Exhibit P attached, neither they nor any of their affiliates shall directly or indirectly, for a period of ten (10) years from Closing, construct, develop, own or invest in any Factory Outlet Center (defined below) which is located in Xxxxx County, Nevada or Shelby County, Tennessee.
Borrower shall not, nor shall Borrower permit, to the extent practicable, Intermediate SPE, any Seller, Servicer, Indemnity Guarantor or any of their Subsidiaries to, (a) be or become a Person whose property or interests in property are blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism (66 Fed.
Borrower shall not, nor shall Borrower permit, to the extent practicable, Borrower’s ERISA Affiliates or Intermediate SPE, Seller, Servicer, Indemnity Guarantor or any of their respective Subsidiaries or ERISA Affiliates to, establish, maintain, contribute or agree to contribute to, or otherwise incur any liability with respect to, any “employee benefit plan” that is covered by Title IV of ERISA or Section 412 of the Code.
The fact that at any time or from time to time the Guaranteed Obligations may be increased or reduced or otherwise modified in any manner or to any extent shall not release, diminish or discharge the obligations of Indemnity Guarantor to Buyer with respect to the Guaranteed Obligations.