Trendwest Purchase Agreement definition
Examples of Trendwest Purchase Agreement in a sentence
The Performance Guarantor, on and after the Effective Date guarantees that the Obligations will be performed strictly in accordance with the terms of the Wyndham Purchase Agreement, the Trendwest Purchase Agreement and the Indenture regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms, provided, however, nothing herein shall be construed to require the Performance Guarantor to act in violation of any law, regulation or order.
After negotiation, the Parties have agreed that the Delay Liquidated Damages, [_______] Liquidated Damages and [_______] Buy Down Amounts are in the nature of liquidated damages and are a reasonable and appropriate measure of the damages that Owner would incur as a result of such delays or failures, and do not represent a penalty.
The Performance Guarantor on and after the Effective Date hereby guarantees to the Depositor, the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes and the Insurer the full and punctual payment and performance of all of Wyndham’s Seller Obligations under the Wyndham Purchase Agreement and all of Trendwest’s Seller Obligations under the Trendwest Purchase Agreement.
The Performance Guarantor on and after the Effective Date hereby guarantees to the Depositor, the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes the full and punctual payment and performance of all of Wyndham’s Seller Obligations under the Wyndham Purchase Agreement and all of Trendwest’s Seller Obligations under the Trendwest Purchase Agreement.
Cendant and Wyndham Worldwide, each guarantees that the Obligations will be performed strictly in accordance with the terms of the Fairfield Purchase Agreement, the Trendwest Purchase Agreement and the Indenture regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms, provided, however, nothing herein shall be construed to require Cendant or Wyndham Worldwide to act in violation of any law, regulation or order.