Buyer’s Guarantee. 15.1 The Buyer’s Guarantor unconditionally and irrevocably:
Buyer’s Guarantee. (a) To induce the Sellers to enter into this Agreement, the Buyers’ Guarantor (as primary obligor and not as surety only) irrevocably, absolutely and unconditionally:
Buyer’s Guarantee. The Buyers’ Guarantor hereby waives all claims of waiver, release, surrender, abstraction or compromise and all set-offs, counterclaims, cross-claims, recoupments or other defenses that it may have against the Sellers except for any defense available to the Buyers that is provided for in this Agreement. The Buyers’ Guarantor agrees to pay the reasonable costs and expenses of the Sellers in connection with the enforcement of this Buyers Guarantee.
Buyer’s Guarantee. The Buyer’s Guarantor hereby covenants to the Seller in the terms of the Buyers’ Guarantee in clause 17 of the Main SPA mutatis mutandis.
Buyer’s Guarantee. 13.1 In consideration of the Sellers entering into this Agreement at the Guarantor’s request, the Guarantor unconditionally and irrevocably guarantees to the Sellers, the due and punctual performance and observance by the Buyer of all of its obligations, commitments and undertakings, warranties and indemnities under or pursuant to this Agreement and the other Transaction Documents (the “Buyer Guaranteed Obligations”). The liability of the Guarantor under this clause 13 shall not be released or diminished by any variation of the Buyer Guaranteed Obligations or by any forbearance, neglect or delay in seeking performance of the Buyer Guaranteed Obligations or by any granting of time for such performance or other event or circumstances which (but for this provision) would have that effect.
Buyer’s Guarantee. In consideration of the Seller entering into this Agreement, Xxxxxx, at the request of the Buyer, hereby unconditionally guarantees to the Seller the due and punctual performance and observance by the Buyer of all the Buyer’s payment obligations contained in this Agreement and shall procure the punctual performance of all the Buyer’s other obligations hereunder and the punctual discharge by the Buyer of all the Buyer’s liabilities (payments or otherwise) to the Seller contained in this Agreement (the “Buyer Guaranteed Obligations”). If the Buyer shall make default in the payment when due of any amount payable to the Seller under this Agreement, Xxxxxx shall forthwith on demand by the Seller unconditionally pay to the Seller in the manner prescribed in this Agreement an amount equal to the amount payable by the Buyer. As an independent and primary obligation, without prejudice to Clause 4.2, Xxxxxx hereby unconditionally and irrevocably agrees to indemnify and keep indemnified the Seller against all and any losses, costs, claims, liabilities, damages, demands and expenses suffered or incurred by the Seller arising from failure of the Buyer to comply with any of Buyer Guaranteed Obligations or by reason of the Buyer not being at any time, or ceasing to be, liable in respect of Buyer Guaranteed Obligations other than in accordance with the terms of this Agreement. The guarantee and indemnity contained in this Clause 4.2 shall be a continuing guarantee and indemnity and shall continue in full force and effect until all liabilities in respect of the Buyer Guaranteed Obligations, have been paid, discharged or satisfied in full and notwithstanding any insolvency of the Buyer or any change in the status of the Buyer. Xxxxxx shall not be exonerated or discharged nor shall its liability be affected by any forbearance, whether as to payment, time, performance or otherwise howsoever, or by any other indulgence being given to the Buyer or by any variation of the terms of this Agreement or by any act, thing, omission or means whatever which, but for this provision, might operate to exonerate or discharge Xxxxxx from its obligations under the guarantee and indemnity contained in this Clause 4.2.
Buyer’s Guarantee. Within thirty (30) days of the Closing date, Buyer shall deliver Seller notice of either (i) the amount of the lowest responsible bid pursuant to the City of Xxxxxxx’s procurement policies for the demolition work described in Paragraph 5 above (“Bid Demolition Costs”) or (ii) a fair written estimate of the Demolition Costs provided by a licensed demolition contractor (“Estimated Demolition Costs”). The Parties agree that an additional five percent (5%) shall be added to the Bid Demolition Costs or the Estimated Demolition Costs (“Projected Demolition Costs”) to estimate any potential change orders for the demolition work or unforeseen conditions. Within seven (7) days of the Closing date, the Buyer shall furnish or cause to be furnished to the Seller, a guarantee for forty percent (40%) share of the Projected Demolition Costs by providing either a surety bond, escrow account with a bank, or other form of security that is satisfactory to the City of Lincoln Finance Director.
Buyer’s Guarantee. 17.1 The Buyers’ Guarantor hereby covenants to the Sellers to comply with the provisions of this clause 17.
Buyer’s Guarantee. 11.1 In consideration of the Seller entering into this agreement, the Buyer’s Guarantors (as primary obligor and not merely as a sureties) jointly and severally, unconditionally and irrevocably guarantee (Sw. Proprieborgen) as a continuing obligation the proper and punctual performance and observance by the Buyer of its obligations under or pursuant to this agreement or any agreement entered into pursuant to this agreement other than any such obligations which require the Buyer to pay sums of money to the Seller or any members of the Seller’s Group (and for the avoidance of doubt, the Buyer’s Guarantors shall not guarantee the obligations of the Buyer set out in clause 3).
Buyer’s Guarantee. 8.1 If the Buyer fails to comply with any of the provisions of this Agreement on the due date, then the Buyer Guarantor guarantees that it shall (on demand by a Seller) immediately perform and discharge the obligations of the Buyer under those provisions provided always that (notwithstanding any other provision of this clause 8) the Buyer Guarantor's liability under this clause 8 shall be no greater than the Buyer's liability under the terms of this Agreement.
