Related Guarantees definition
Examples of Related Guarantees in a sentence
The Company and the Stockholders agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate, waive or release all Company guarantees (such guarantees shall be referred to herein as "Related Guarantees," as described in the Company Disclosure Letter pursuant to Section 2.11 of this Agreement) of indebtedness or other obligations of any of the Company's officers, directors, shareholders or employees or their affiliates.
The Company and the Stockholders agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate, waive or release all guarantees by the Company (such guarantees shall be referred to herein as "Related Guarantees", as described in Schedule 6.10 pursuant to Section 3.11 of this Agreement) of indebtedness or other obligations of any of the Company's officers, directors, shareholders, employees or affiliates of any such Persons.
All Related Guarantees are disclosed on SCHEDULE 4.9 ("Related Party Guarantees").
Each Acquired Company and the Sellers agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate, waive or release all Related Guarantees.
Guarantor, under this Agreement, and each other Guarantor, under the Related Guarantees related to the philanthropic guarantee program, together desire to allocate among themselves, in a fair and equitable manner, their obligations arising under this Agreement and the Related Guarantees.
Seller and the Stockholders agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate, waive or release all guarantees by Seller ("Related Guarantees") of indebtedness or other obligations of any of Seller's officers, directors, shareholders or employees or their affiliates; except for those Related Guarantees that are disclosed in Schedule 6.10 as guarantees that shall not be subject to this Section 6.10.
The Owners agree to take, or cause to be taken, all appropriate action, and do, or cause to be done, all things necessary, proper or advisable to terminate, waive or release all Company guarantees (such guarantees shall be referred to herein as "Related Guarantees", as described in Schedule 6.10 pursuant to Section 3.9 of this Agreement) of indebtedness or other obligations of any of the Company's or the General Partner's officers, directors, shareholders or employees or their affiliates.
Borrowers do hereby agree to apply all Sale Proceeds first to the Golf Loan Paydown, before using the Sale Proceeds for application to the Parent Debt and Related Guarantees.
The continual provision of the Related Guarantees constitutes a continuation of the guarantees as disclosed previously in the announcements of the Company dated 28 February 2011 and 30 July 2015 and certain other guarantees of the Company, which were exempted from all the applicable disclosure requirements under the Listing Rules.
On 28 December 2017, Main Zone and the Company entered into the Supplemental Agreement with Many Gain and Yida, pursuant to which all the parties agreed that the Group shall continue to provide the Related Guarantees on terms as set out in the Supplemental Agreement and the Related Conditions shall be deemed as having been satisfied.