Examples of Shareholder Guarantee in a sentence
The release of the Shareholder Guarantee(s) shall be evidenced by the return of the original guarantee at the Closing or by delivery of an irrevocable release executed by the named guarantee or beneficiary of the Shareholder Guarantee.
The release of the Shareholder Guarantee(s) shall be evidenced by the return of the original guaranty at the Closing or by the delivery of an irrevocable release executed by the beneficiary of the Shareholder Guarantee.
The Shareholder Guarantee in the agreed form, duly executed by the Shareholder Guarantor, the Company and the Facility Agent.
References to the Shareholder Guarantor in this Clause 21 shall apply only until the date on which the Shareholder Guarantee expires in accordance with its terms and no payment is due or outstanding from the Shareholder Guarantor.
Section 4.2.7(v) Shareholder Guarantee..................................
US dollars is the sole currency of account and payment for all sums payable by the Issuer and/or the Shareholder Guarantors under or in connection with the Bonds or the Shareholder Guarantee including damages.
Except to the extent Shareholders are required to indemnify Purchaser under Sections 12.02 and 12.05, Purchaser shall indemnify the Shareholders for any Losses under any Shareholder Guarantee if and to the extent such Losses arise out of Liabilities incurred by Salvage Disposal, Xxxx or Purchaser after the Closing.
In the event that the Shareholder releases have not been so released at the Closing, Stonepath and the Purchaser shall make continuous reasonable commercial efforts to have terminated, extinguished or otherwise released any remaining Shareholder Guarantee(s) (and provide all documents and instruments to evidence such termination, extinguishment or release) and shall defend, indemnify and hold the Shareholders harmless from any Shareholder Guarantee.
Each of the Parties shall use all reasonable commercial efforts prior to the Closing to cause each of the Shareholders to be released from any and all guarantees, contingent or otherwise, of any kind or nature, made for or on behalf of any of the Companies or in connection with the Business (a "Shareholder Guarantee").
Shareholder Guarantee by Way of Security Placement POSCO to provide Busan E&E Co., Ltd.’s shares held by it as security for the project financing loan of Busan RDF(Refuse-Derived Fuel) Project to Korea Development Bank and three other korean financial institutions.