Examples of Recourse Guaranty Agreement in a sentence
As a condition precedent to the execution of the First Lien Credit Agreement, EPI executed a Limited Recourse Guaranty Agreement (“EPI Term Loan Guaranty”) to satisfy the liabilities and obligations incurred under the First Lien Credit Agreement.
As with the EPI Term Loan Guaranty, however, the Limited Recourse Guaranty Agreement dated November 6, 2017 (the “EPI Revolver Loan Guaranty”).
The occurrence of a default under the Recourse Guaranty Agreement and such default is not cured within any grace or cure periods provided therein.
As a condition precedent to the execution of the Aneth Term Loan Agreement, EPI executed a Limited Recourse Guaranty Agreement (“EPI Term LoanGuaranty”) to satisfy the liabilities and obligations incurred under the Aneth Term Loan Credit Agreement.
All such financial statements shall accurately and fairly present the results of operations and the financial condition of Borrowers at the dates and for the period indicated, shall be in scope and detail reasonably satisfactory to Administrative Agent and shall be otherwise sufficient to permit Administrative Agent and Lenders to calculate or verify Borrowers’ compliance with the financial covenants in Section 7.13, Guarantor’s compliance with the financial covenants in the Recourse Guaranty Agreement.
If [887] this indeed were a critical distinction, the Constitution would permit a State to pay all the bills of any religious institution; [16] in fact, despite the Court's purported adherence to the no-direct-funding principle, the State could simply hand out credit cards to religious institutions and honor the monthly statements (so long as someone could devise an evenhanded umbrella to cover the whole scheme).
EPI executed a Limited Recourse Guaranty Agreement (“EPI Term LoanGuaranty”) to satisfy the liabilities and obligations incurred under the Aneth Term Loan Credit Agreement.