Additional Guaranty. (a) Micro may cause any of its Subsidiaries to execute and deliver from time to time in favor of the Lender Parties an Additional Guaranty for the repayment of the Obligations.
Additional Guaranty. Micro (a) may cause any of its Subsidiaries to execute and deliver from time to time in favor of the Lender Parties additional guaranties (each an "Additional Guaranty") for the repayment of the Obligations and (b) shall, concurrently or promptly after any of its Subsidiaries (i) guarantees any Indebtedness of Micro or any other Obligor or (ii) satisfies (at any time) the requirements hereunder which describe a Material Subsidiary, cause such Subsidiary to execute and deliver in favor of the Lender Parties an Additional Guaranty for the repayment of the Obligations. Each Additional Guaranty (including, without limitation, any Additional Guaranty executed and delivered by an Acceding Borrower pursuant to Section 6.3.3) shall be in substantially the form of Exhibit J attached hereto, shall be governed by the laws of a State of the United States and shall contain such other terms and provisions as the Administrative Agent determines to be necessary or appropriate (after consulting with legal counsel) in order that such Additional Guaranty complies with local laws, rules and regulations and is fully enforceable (at least to the extent of such Additional Guaranty) against such Additional Guarantor; provided, that, in the event it shall be illegal under any local law, rule or regulation for any Additional Guaranty to be governed by the law of any State of the United States, and the Administrative Agent shall have received evidence of such illegality (including, if the Administrative Agent shall so request, an opinion of local counsel as to such matters, which counsel and the form and substance of such opinion shall be reasonably satisfactory to the Administrative Agent) reasonably satisfactory to it, the Administrative Agent shall consent to such Additional Guaranty being governed by the laws of a jurisdiction outside of the United States, which jurisdiction shall be subject to the prior approval of the Administrative Agent. In connection with the delivery of any such Additional Guaranty by an Additional Guarantor there shall be delivered an opinion of counsel (which counsel and the form and substance of such opinion shall be reasonably satisfactory to the Administrative Agent and the Required Lenders, it being agreed that if the Additional Guaranty is governed by the laws of any State of the United States, the General Counsel of Micro shall be satisfactory counsel for purposes hereof) addressed to the Documentation Agent, the Administrative Agent and the Lender...
Additional Guaranty. If so requested by SANZ, the Fund, in its sole discretion, may guaranty an additional $2,000,000 of the outstanding indebtedness of SANZ and/or its subsidiaries arising under the New Credit Facility (the “Additional Guaranty”). In such circumstances, in the event the Additional Guaranty is not released (whether through repayment of the New Credit Facility, by mutual agreement of the parties thereto or otherwise) within the eighteen month (18) period following the initial effective date of the Additional Guaranty, then SANZ shall issue to Sun warrants exerciseable for shares of SANZ Common Stock in substantially the form attached hereto as Annex A (the “Guaranty Warrants”). The number of shares of SANZ Common Stock for which the Guaranty Warrants will be exerciseable shall equal the product of (i) 3,086,218 and (ii) a fraction, the numerator of which shall be the actual amount of the Additional Guaranty as of the end of such eighteen (18) month period, and the denominator of which shall be $2,000,000.
Additional Guaranty. 78 8.1.11. Intra-Group Agreement, etc.........................................79 8.2. Negative Covenants.................................................79 8.2.1. Restriction on Incurrence of Indebtedness..........................79 8.2.2. Restriction on Incurrence of Liens.................................80 8.2.3. Financial Condition................................................82 8.2.4. Dividends..........................................................82 8.2.5. Consolidation, Merger, Asset Acquisitions, etc.....................82 8.2.6. Transactions with Affiliates.......................................84 8.2.7. Limitations on Margin Stock Acquisitions...........................85 8.2.8. Limitation on Sale of Trade Accounts Receivable....................85 8.2.9. Sale of Assets.....................................................85 8.2.10. Limitation on Businesses...........................................87 ARTICLE IX
Additional Guaranty. If applicable, any corporation, partnership, joint venture or business associate acquired with the proceeds of such Acquisition Credit Loan shall execute and deliver to the Agent and the Banks a Guaranty satisfactory to the Banks and their counsel.
Additional Guaranty. By October 31, 2008, Borrower shall deliver to Bank that certain Guaranty Agreement executed by Tornier, B.V., substantially in the form attached as Exhibit “E” hereto, guaranteeing the payment and performance of all of Borrower’s Obligations.”
Additional Guaranty. As a condition to Bank's agreements contained herein, Borrowers shall cause to be executed and delivered to Bank, at the Borrowers' cost and expense, the unlimited, unconditional guaranty and surety agreement of SCT Manufacturing& Distribution Systems, Inc., a Delaware corporation and a subsidiary of Company, which agreement shall be substantially in the form of Exhibit C to the Credit Agreement, together with a copy of the Articles of Certificate of Incorporation and Bylaws of Company, certified by an officer of Company, certified resolutions adopted by the board of directors of Company authorizing the execution and delivery of such guaranty, an incumbency certificate evidencing the officers and directors of Company and providing specimen signatures for such officers, a certificate issued by the State of Delaware evidencing the existence and goodstanding of Company, an opinion of counsel for Borrowers and Company in form acceptable to Bank and such other items so Bank may reasonably request to evidence the existence of Company and the enforceability of its guaranty.
Additional Guaranty. The obligations and liabilities of Guarantor under this Agreement are in addition to the obligations and liabilities of Guarantor under the Guaranty. The discharge of any Guarantor’s obligations and liabilities under the Guaranty or by reason of operation of law or otherwise, in no event or under no circumstance shall constitute or be deemed to constitute a discharge, in whole or in part, of any Guarantor’s obligations and liabilities under this Agreement. Conversely, the discharge of any Guarantor’s obligations and liabilities under this Agreement or by reason of operation of law or otherwise shall in no event or under any circumstance constitute or be deemed to constitute a discharge, in whole or in part, of any Guarantor’s obligations and liabilities under any Agreements of Guaranty.
Additional Guaranty. In addition to the amounts guarantied by the First Guaranties, SEC shall, as promptly as practicable after receipt of a request from AST, execute and deliver one or more guaranties (the "Additional Guaranty") of a line or lines of credit from one or more banks or other financial institutions for the benefit of AST in an aggregate amount not to exceed $200 million outstanding at any one time; provided, however, that the obligation to provide such Additional Guaranty shall not extend beyond December 31, 1998, and provided further that the terms of such Additional Guaranty shall not differ materially from the terms of the First Guaranties or other forms of guaranties previously submitted to SEC by AST. 1.2
Additional Guaranty. In the event the Company replaces, renews, restructures or refinances all of the working capital lines of credit extended to it or its subsidiaries, the Company shall use its reasonable efforts to obtain from the new working capital lenders the right to have The Casual Male, Inc., a Massachusetts corporation and a wholly-owned subsidiary of the Company ("TCM"), to guarantee Apparel's obligations under the Notes by executing a guaranty substantially similar to the Guaranty. In the event such right is received, the Company shall promptly cause Casual Male to execute such guaranty after the effectiveness of any such new or amended working capital lines of credit; provided, however, that this Section 4.04 shall in no way be construed as requiring the Company or its subsidiaries to enter into any working capital arrangements that are in any way less favorable to the Company or its subsidiaries as could be obtained from one or more lenders who do not permit TCM to guarantee the Notes.
