Business Guarantees means all guarantees, letters of credit, letters of comfort, bonds (including both bid and performance bonds), sureties and other credit support or assurances provided by Parent or any of the Non-Business Subsidiaries in support of any obligation of the Business, all of which are listed in Schedule 1.01(a).
Business Guarantees means all guarantees, letters of credit, letters of comfort, bonds (including customs, bid and performance bonds), sureties and other credit support or assurances provided by any of the Retained Entities (or entered into in the ordinary course of business consistent with past practice after the date of this Agreement and prior to the Relevant Closing with the prior written consent of Buyer (such consent not to be unreasonably withheld, conditioned or delayed)) in support of any obligation of the Businesses or the Transferred Entities, including those set forth on Schedule 1.01(b).
Business Guarantees means all guarantees, letters of credit, bonds, sureties and other credit support or assurances provided by Seller or any of its Affiliates (other than the Purchased Subsidiaries) in support of any obligation of the Business that are listed in Schedule 1.01(b).
Examples of Business Guarantees in a sentence
Without limiting the foregoing, neither Purchaser nor any of its Affiliates shall extend or renew any Contract containing or underlying a Business Guarantee unless, prior to or concurrently with such extension or renewal, Purchaser or its Affiliates are substituted in all respects for Seller and its Affiliates, and Seller and its Affiliates are fully released, in respect of all Liabilities under such Business Guarantees.
Buyer shall indemnify and hold harmless Parent and its Subsidiaries from and after the Closing for any amounts required to be paid under any Business Guarantees.
More Definitions of Business Guarantees
Business Guarantees is defined in Section 7.3.
Business Guarantees means any guarantees, credit support, letters of credit, bonds, cash deposits or similar arrangements issued by or on behalf of Seller in order to support or facilitate the Business.
Business Guarantees means all guarantees, corporate or parent company guarantees, letters of credit, letters of comfort, escrows, bonds (including both bid and performance bonds), sureties, security agreements and other credit support or assurances, certificates of insurance and insurance endorsements however styled that provide third parties access to insurance as an “Additional Insured” or “Named Insured,” provided by Seller or any of its Subsidiaries (other than the Transferred Entities or the JV Entities) in support of any obligation of, or related to, the Business, the Transferred Entities, the JV Entities, the Transferred Assets or the Assumed Liabilities.
Business Guarantees has the meaning set forth in Section 2.7(a).
Business Guarantees means all guarantees, letters of credit, letters of comfort, bonds (including customs, bid and performance bonds), sureties and other credit support or assurances provided by (i) any of the Retained Companies in support of any obligation of the Business or the Acquired Companies or (ii) any of the Acquired Companies in support of any obligation of the Retained Companies.
Business Guarantees means any performance, advance payment and retention bonds or guarantees, other guarantee obligations, letters of credit and other similar arrangements required to be issued by or on behalf of a Business Company with respect to any obligation relating to the Business and third party indemnities, performance, advance payment and retention bonds or guaranties, other guarantee obligations, letters of intent and other similar arrangements of third parties for which a Business Company has a reimbursement obligation and listed on Schedule 3.20.
Business Guarantees has the meaning set forth in Section 4.23.