Common use of CHANGES IN OBLIGATIONS, CERTAIN WAIVERS Clause in Contracts

CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Law, at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount), and may also make any agreement with Parent and/or Merger Sub for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Merger Sub, without in any way impairing or affecting the Guarantor’s obligations under this Limited Guarantee; provided that the Guaranteed Percentage and the Maximum Amount shall not be amended or modified, directly or indirectly, in any manner.

Appears in 7 contracts

Samples: Limited Guarantee (Centurium Capital Partners 2018, L.P.), Limited Guarantee (Chow Joseph), Limited Guarantee (Parfield International LTD)

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CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Lawdiscretion, at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount), and may also make any agreement with Parent and/or Parent, Merger Sub or the Other Guarantor for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Parent, Merger Sub, the Other Guarantor or any other Person, without in any way impairing or affecting the Guarantor’s obligations under this Limited Guarantee; provided that the Guaranteed Percentage and the Maximum Amount shall not be amended or modified, directly or indirectly, in any manner.

Appears in 2 contracts

Samples: Limited Guarantee (Bitauto Holdings LTD), Limited Guarantee (Tencent Holdings LTD)

CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that Guarantors agree that, subject to the provisions of Section 2(a), the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Lawdiscretion, at any time and from time to time, without notice to or further consent of the GuarantorGuarantors, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount), and may also make any agreement with Parent and/or Merger Sub for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Merger Subor any other Person, without in any way impairing or affecting the Guarantor’s Guarantors’ obligations under this Limited Guarantee; provided that any such agreement for any extension, renewal, payment, compromise, discharge or release shall be made on the Guaranteed Percentage same terms and conditions and on a pro rata basis across the Maximum Amount shall not be amended or modified, directly or indirectly, in any mannerGuarantors.

Appears in 1 contract

Samples: Limited Guarantee (WANG Yi)

CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Lawdiscretion, at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount), and subject to Section 2(a), may also make any agreement with Parent and/or Parent, Merger Sub or the Other Guarantors for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Parent, Merger Sub, the Other Guarantors or any other Person, without in any way impairing or adversely affecting the Guarantor’s obligations under this Limited Guarantee; provided that the Guaranteed Percentage and the Maximum Amount shall not be amended or modified, directly or indirectly, in any manner.

Appears in 1 contract

Samples: Limited Guarantee (Zhang Bing)

CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that that, subject to the provisions of Section 2(a), the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Lawdiscretion, at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment and performance of the Guaranteed Obligations (subject to the Maximum Amount), and may also make any agreement with Parent and/or Merger Sub for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Parent, Merger SubSub or any other Person, without in any way impairing or affecting the Guarantor’s obligations under this Limited Guarantee; provided that the Guaranteed Percentage and the Maximum Amount shall not be amended or modified, directly or indirectly, in any manner.

Appears in 1 contract

Samples: Limited Guarantee (Ma Baoli)

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CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Lawdiscretion, at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount), and subject to Section 2(a), may also make any agreement with Parent and/or Merger Sub for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of any agreement between the Guaranteed Party and Parent and/or Merger Subor any other Person (subject in each case to the Maximum Amount), without in any way impairing or affecting the Guarantor’s obligations under this Limited Guarantee; provided that the Guaranteed Percentage and the Maximum Amount shall not be amended or modified, directly or indirectly, in any manner.

Appears in 1 contract

Samples: Limited Guarantee (Junique Laurent)

CHANGES IN OBLIGATIONS, CERTAIN WAIVERS. The Guarantor agrees that the Guaranteed Party may, in its sole discretion and to the extent permitted under applicable Law, may at any time and from time to time, without notice to or further consent of the Guarantor, extend the time of payment of the Guaranteed Obligations (subject to the Maximum Amount)Obligations, and may also make enter into any agreement with Parent and/or Parent, Purchaser or with any other Person interested in the transactions contemplated by the Merger Sub Agreement, for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms of the Merger Agreement or of any agreement between the Guaranteed Party and Parent and/or Merger Sub, or any such other Person without in any way impairing or affecting the Guarantor’s obligations Obligations under this Limited Guarantee; provided Guaranty. The Guarantor agrees that the Guaranteed Percentage and the Maximum Amount Obligations hereunder shall not be amended released or modified, directly or indirectlydischarged, in any manner.whole or in part, or otherwise affected by:

Appears in 1 contract

Samples: Limited Guaranty (NCI, Inc.)

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