Examples of Shareholder Guaranty in a sentence
The undersigned Guarantors hereby acknowledge the terms and conditions of the foregoing Amended and Restated Credit and Security Agreement (the “Amended Credit Agreement”), consent to the Borrowers’ and Lender’s execution of the same and reaffirm the full force and effect of their Shareholder Guaranty dated March 14, 2006 as of the date stated above.
Guarantor has executed this Shareholder Guaranty effective as of the Effective Date.
Pending satisfaction of the preceding sentence, the Shareholders shall not take any action with respect to any Shareholder Guaranty that would adversely affect any Outstanding Bond.
Pursuant to that certain Assignment and Assumption dated October 30, 2007, the following documents have being assigned by The Huntington National Bank and Royal Banks of Missouri (collectively, “Assignor”) to Lender: (a) the Prior Notes; (b) that certain Credit and Security Agreement dated as of March 14, 2006 among the Huntington Borrowers and Assignor (the “Credit Agreement”); (c) the Mortgages (as defined below); (d) a Shareholder Guaranty dated March 14, 2006 made by Timothy D.
The Lender shall have received (a) the Parent Guaranty, dated the date hereof, duly executed by Parent, (b) the Holdings Guaranty, dated the date hereof, duly executed by Holdings, (c) the Subsidiary Guaranty, dated the date hereof, duly executed by each Subsidiary Guarantor and (d) the Preferred Shareholder Guaranty, dated the date hereof, duly executed by Vista Gold U.S. Inc.
Such Guarantor has all requisite power and authority to execute this Agreement and to perform its obligations under its Shareholder Guaranty, and each Seller Guaranty has been validly authorized.
The Shareholder Guarantors and the Administrative Agent have entered into that certain Shareholder Guaranty Agreement, dated as of the date hereof (as amended and otherwise modified from time to time, the “Shareholder Guaranty”).
The Principal Shareholder irrevocably, absolutely and unconditionally guarantees to Purchaser the prompt, complete, and full payment when due, and no matter how the same shall become due, of the Seller Indemnity, including all obligations thereunder (the "Shareholder Guaranty").
In no event shall any of the Shareholders or their Affiliates (excluding, after the Closing, any Company) be required to renew, update or extend any existing Shareholder Guaranty or enter into any new guaranty of any Outstanding Bonds or other similar bonds.
For instance, 12 participants produced gestures for scale, swipe, drag & drop, etc.