Examples of Sponsor Guarantors in a sentence
The parties hereto agree that the Sponsors and the Sponsor Guarantors shall be third-party beneficiaries of this Section 11(h).
The parties hereto agree that the Sponsors and the Sponsor Guarantors shall be third-party beneficiaries of this Section 12(i).
The Rollover Shareholders further agree to pay or reimburse Parent, Holdco, the Sponsors and/or the Sponsor Guarantors, as applicable, within ten (10) Business Days following receipt of a written notice from any of them setting forth in reasonable detail the amount of any losses, damages, liabilities or expenses incurred by any of them.
Each Rollover Shareholder further agrees to pay or reimburse Parent, the Sponsors and/or the Sponsor Guarantors, as applicable, within ten (10) Business Days following receipt of a written notice from any of them setting forth in reasonable detail the amount of any losses, damages, liabilities or expenses incurred by any of them which are indemnifiable or reimbursable hereunder.
The Rollover Shareholder further agrees to pay or reimburse Parent, Holdco, the Sponsors and/or the Sponsor Guarantors, as applicable, within ten (10) Business Days following receipt of a written notice from any of them setting forth in reasonable detail the amount of any losses, damages, liabilities or expenses incurred by any of them which are indemnifiable or reimbursable hereunder.
By way of example, if on any given date (each, a "date of determination") during the term hereof, the total principal amount then outstanding of Guaranteed Obligations is equal to $20,000,000, there would be no reduction in the Sponsor Guarantor's obligations hereunder until the outstanding principal portion of the Guaranteed Obligations has been irrevocably reduced to $10,000,000.
For WCAS HEALTHCARE PARTNERS, L.P.: Notwithstanding the foregoing, the Sponsor Guarantor's liability with respect to the Guaranteed Obligations shall not exceed an aggregate principal amount at any time of $250,000, or, if less, 2.5% of the Guaranteed Obligations.
Notwithstanding the foregoing, if Agent exercises its put right under Section 3 of the Sponsor Guaranty and Put Agreement, concurrently with the payment in full by Sponsor Guarantors of the purchase price described in the Sponsor Guaranty and Put Agreement on the Purchase Date (as defined in the Sponsor Guaranty and Put Agreement), WFF shall be deemed to have resigned as Agent (effective immediately and without further notice) and Sponsor Guarantors shall appoint a successor Agent.
At that time, the Sponsor Guarantor's liability under this Sponsor Guarantee Agreement with respect to the principal amount of the Guaranteed Obligations would be equal to $250,000.
Sponsor Guarantor is not contemplating either the filing of a petition by Sponsor Guarantor under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of Sponsor Guarantor's assets or property, and Sponsor Guarantor has no knowledge of any Person contemplating the filing of any such petition against Sponsor Guarantor.