Bonds; Letters of Credit Sample Clauses

Bonds; Letters of Credit. Except as set forth on Schedule 5.16, there are no franchise, construction, fidelity, performance, or other bonds, guaranties in lieu of bonds or letters of credit posted by Insight in connection with its operation or ownership of any of the Insight Systems or Insight Assets.
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Bonds; Letters of Credit. Except as set forth on SCHEDULE 6.16, there are no franchise, construction, fidelity, performance, or other bonds, guaranties in lieu of bonds or letters of credit posted by TCI in connection with its operation or ownership of any of the TCI Systems or TCI Assets.
Bonds; Letters of Credit. At or prior to the Closing, Purchaser shall use its reasonable best efforts to, at its sole expense, arrange for substitute letters of credit, surety bonds, Purchaser guarantees, advance payment guarantees, and other obligations to replace the outstanding letters of credit, surety bonds, guarantees, advance payment guarantees and other contractual obligations entered into by or on behalf of Seller or any of its Affiliates in connection with or relating to the Business, the Acquired Assets or the Assumed Liabilities, in each case, set forth on Section 5.8 of the Seller Disclosure Schedule (together, the “Business Guarantees”) and assume all obligations under each Business Guarantee, obtaining from the creditor or other counterparty a full and irrevocable release of Seller and its Affiliates that are liable, directly or indirectly, for reimbursement to the creditor or fulfillment of other Liabilities to a counterparty in connection with the Business Guarantees. To the extent the beneficiary or counterparty under any Business Guarantee does not accept any such substitute bond, the Purchaser guarantee or other obligation proffered by the Purchaser, Purchaser shall indemnify and hold harmless Seller and its Affiliates against, and reimburse Seller and its Affiliates for, any and all amounts paid, including costs or expenses, in connection with such Business Guarantees, including expenses of Seller or any Affiliate thereof in maintaining such Business Guarantees, whether or not any such Business Guarantee is drawn upon or required to be performed, and shall in any event promptly reimburse Seller and any of its Affiliates to the extent that any Business Guarantee is called upon and Seller or any of its Affiliates makes any payment in respect of any such Business Guarantee. For any Business Guarantees for which Purchaser or any of its Affiliates, as applicable, is not substituted in all respects for Seller and its Affiliates (or for which Seller and its Affiliates are not fully released) effective as of the Closing and that cannot otherwise be terminated effective as of the Closing (with Seller and its Affiliates to be fully released in respect thereof), Seller and Purchaser shall continue to use their reasonable best efforts to effect such substitution or termination and release after the Closing. Without limiting the foregoing, neither Purchaser nor any of its Affiliates shall extend or renew any Contract containing or underlying a Business Guarantee unless, pri...
Bonds; Letters of Credit. Schedule 4.17 sets forth a list of all franchise, construction, fidelity, performance and other bonds, guaranties in lieu of bonds and letters of credit posted by Seller in connection with its operation of the System.
Bonds; Letters of Credit. As of the date hereof, there are no material construction, fidelity, performance, or other bonds, guaranties in lieu of bonds or letters of credit posted by Seller or its Affiliates in connection with Seller’s operation or ownership of the Business.
Bonds; Letters of Credit. Etc. Buyer shall take all reasonably ------------------------------ necessary steps, and execute and deliver all reasonably necessary documents, to insure that on the Closing Date Buyer has delivered such bonds, letters of credit, indemnity agreements and similar instruments in such amounts and in favor of such Franchising Authorities and other persons requiring the same in connection with the Governmental Permits and the Contracts.
Bonds; Letters of Credit. No Seller has any construction, fidelity, performance and other bonds, guaranties in lieu of bonds and letters of credit posted by Sellers or their Affiliates in connection with the operation of the Business.
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Bonds; Letters of Credit. Schedule 3.27 of the Disclosure Schedules sets forth a list of all franchise, construction, fidelity, performance and other bonds, guaranties in lieu of bonds and letters of credit posted by Seller, and all certificates of insurance of Seller, in connection with the Seller’s operation of the System.
Bonds; Letters of Credit. Except as set forth on SCHEDULE 5.15, there are no franchise, construction, fidelity, performance, or other bonds, guaranties in lieu of bonds or letters of credit posted by Halcyon GP, Halcyon LP or Fishxx xx connection with its operation or ownership of any of the Fishxx Xxxtems or Fishxx Xxxets.
Bonds; Letters of Credit. Each franchise, construction, fidelity, performance, or other bond, guaranty in lieu of a bond, letter of credit, indemnity agreement or similar instrument posted by or on behalf of the Seller or any Subsidiary or required to be posted by the Seller or any Subsidiary in connection with its operation or ownership of any of the Systems is set forth on Schedule 3.20 of the Disclosure Schedules, together with the amount thereof.
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