Validity and Support Agreement definition
Examples of Validity and Support Agreement in a sentence
As of the Closing, Purchaser has obtained a termination of the Validity and Support Agreement and Guaranty dated as of December 29, 1995, which the Company executed for the benefit of Bank One, and (ii) the Validity and Support Agreement dated as of December 29, 1995, which the Company executed for the benefit of BOCP V.
The undersigned agrees that his obligations under the Validity and Support Agreement continue unchanged and all the undersigned's representations, covenants and warranties thereunder are herein re-affirmed and restated.
At all times during the term hereof, each Borrower shall cause an authorized officer of each such Borrower (e.g., president, chief executive officer, etc.), such officer's authority to be evidenced by appropriate corporate resolutions and otherwise acceptable to Lender in all respects, to be bound under a Validity and Support Agreement.
Agent shall have received a Validity and Support Agreement, in form and substance satisfactory to Agent, from each Principal (the “Validity Guaranty”).
Validity Guarantor shall, consistent with the terms of the Validity and Support Agreement, indemnify and hold Lender harmless from any damages Lender incurs with respect to the Indebtedness, based upon Lender's reliance on the information provided to Lender by Borrower.
Validity Guarantor hereby acknowledges and agrees, consistent with the terms of the Validity and Support Agreement, that all Lender's Information shall be true and correct and Lender can rely upon such information to be true and correct.