Seller Guaranties definition

Seller Guaranties means any and all guaranties, letters of credit, bonds, cash deposits, and other sureties, indemnities and credit assurances provided to any Governmental Authority, contract counterparty or other Person by Seller or any of its Affiliates related to the Properties.

Seller Guaranties shall have the meaning set forth in Section 8.06.

Seller Guaranties has the meaning set forth in Section 5.8.

Examples of Seller Guaranties in a sentence

• Except as set forth on Schedule 3.10(g), there are no Seller Guaranties with respect to the Operating Leases and the Operating Leases are assignable by the applicable Seller to the applicable Buyer, subject to obtaining any required consents to such assignment.

• Buyer shall obtain, effective as of the Closing Date, the release of all Seller Guaranties and any obligations of Seller or its Affiliates related thereto, in form and substance satisfactory to Seller, and, at the Closing, shall return or reimburse Seller for any such cash deposits and replace all bonds, letters of credit, guaranties and other surety arrangements and credit assurances provided, funded or otherwise supported by Seller or its Affiliates.

• Purchaser shall obtain, effective as of the Closing Date, the release of all Seller Guaranties and any obligations of Seller or its Affiliates related thereto, in form and substance satisfactory to Seller, and, at the Closing, Purchaser shall return or reimburse Seller for any such cash deposits and replace all bonds, letters of credit, guaranties and other surety arrangements and credit assurances provided, funded or otherwise supported by Seller or its Affiliates.

• Buyer and Seller will use reasonable efforts after the Closing to obtain the release of Sellers from any of the Seller Guaranties.

• Schedule 6.1(s) lists all Seller Guaranties maintained by Seller or any of its Affiliates with respect to the Assets.

More Definitions of Seller Guaranties

Seller Guaranties means any guarantees (including under any Contract, letter of credit, Real Property Lease or Business Permit), surety bonds, covenants, indemnities, letters of credit, undertakings and similar credit assurances (and any collateral, indemnity or other agreements associated therewith) provided by, on behalf of or for the account of any Seller or any Retained Subsidiary exclusively in connection with or exclusively relating to the Business, the Acquired Assets or the Acquired Entities.

Seller Guaranties has the meaning set forth in Section 2.9(a)(xiv).

Seller Guaranties means the guaranty agreements in the form of Exhibit 1.01B and Exhibit 1.01C executed and delivered by each of GE Parent and Tyr Parent, as applicable, on the Closing Date. “Seller Indemnified Parties” and “Seller Indemnified Party” are defined in Section 12.02.

Seller Guaranties means the guaranties made or issued by or on behalf of Seller or its Affiliates (other than the Acquired Companies) for the benefit of the Acquired Companies listed on Schedule 6.10 under the heading “Guaranties”.

Seller Guaranties those certain guaranties executed by Seller or its Affiliates guaranteeing certain Company obligations and identified on Schedule 1.1(b).

Seller Guaranties has the meaning set forth in Section 3.08(b).

Seller Guaranties means all liability and obligations under all performance bonds related to the Business, including the indemnity obligations owed by Seller pursuant to the Company’s agreement with its bonding company, all guaranties of any obligations of the Company or any of its Subsidiaries, including the release of Seller from its guaranty to Xxx County, Florida, all letters of credit related to the Business, and all Contracts related to the Business to which Seller or any such Affiliate is a party or is bound after the Effective Time. Purchaser shall cause all documents evidencing such releases from the Seller Guaranties to be in form and substance reasonably satisfactory to Seller.