Corporate Guarantee. In consideration of the execution by the Texas Health & Human Services Commission (“Beneficiary”) of the (HHSC Contract No. 529-12-0002-000__, as amended, hereinafter the "Contract") with ________________________ ("Subsidiary"), _______________________________________________________________ ("Parent") unconditionally and irrevocably guarantees to Beneficiary, on the terms and conditions herein, the full and faithful performance by Subsidiary of all of the obligations undertaken by Subsidiary pursuant to the Contract and as it may hereafter be amended, modified, or extended from time to time, by work authorizations or otherwise. If Subsidiary fails or refuses to complete any of its obligations, Parent shall complete, or cause to be completed, the obligation that Subsidiary failed or refused to complete, or be considered to be in breach of the Contract to the same extent as Subsidiary, pursuant to the terms and conditions of the Contract. The obligations of Parent under this Guarantee (i) are joint and several obligations made for the benefit of Beneficiary, and (ii) are direct and unconditional obligations to Beneficiary, independent of obligations of Subsidiary or any other guarantor, and may be the basis of a separate action by Beneficiary against any or all guarantors that may be asserted without first bringing an action against Subsidiary. Parent authorizes Beneficiary, without notice or demand and without affecting its liability hereunder, from time to time to: (a) waive or delay the exercise of any rights or remedies of Beneficiary against Subsidiary and/or any guarantor; (b) release or substitute any guarantor; (c) renew, amend, extend, compromise or waive any obligation of any guarantor; and (d) renew, compromise, extend, waive, or amend any term of the Contract pursuant to its terms. Parent agrees that, until its obligations hereunder have been performed and/or paid in full, Parent shall not be released by or because of the taking, or failure to take, any action by Subsidiary or Beneficiary that might in any manner or to any extent vary the risks of Parent under this Guarantee or that, but for this paragraph, might discharge or otherwise reduce, limit, or modify Parent's obligations under this Guarantee. Parent waives and surrenders any defense to any liability under this Guarantee based upon any such action, including but not limited to any action of Beneficiary described in the immediately preceding paragraph of this Guarantee, provided, however...
Corporate Guarantee. Simultaneously to the execution of this Contract, each Signing Company shall deliver to the CNH the Corporate Guarantee as set in Annex 2, according with the following:
Corporate Guarantee. Upon execution of this Contract, Buyer shall furnish to Builder an irrevocable and unconditional corporate guarantee (the “Corporate Guarantee”) duly executed and issued by Scorpio Tankers Inc. (the “Corporate Guarantor”), covering and guaranteeing the due performance of Buyer’s obligations under this Contract including, but not limited to, the payment of the Contract Price and taking delivery of the Vessel in accordance with the provisions of this Contract and substantially in the form annexed hereto as Exhibit “B”. The Corporate Guarantor shall on demand furnish to Builder evidence satisfactory to Builder of its power and authority to enter into the Corporate Guarantee and as to the execution thereof by its duly authorised representative. The Corporate Guarantee shall continue in full force and effect until the full performance of all of Buyer’s obligations under this Contract.
Corporate Guarantee the Corporate Guarantee (together with any other documents and/or letters to be executed and/or delivered to the Bank pursuant thereto) duly executed;
Corporate Guarantee. Glasgal unconditionally guarantees the performance of Licensor under the Sections entitled Warranty and Indemnity of this Agreement, including without limitation any obligation or liabilities of Licensor owed to Licensee thereunder, heretofore, now or hereafter made, incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, and whether Licensor may be liable individually or jointly with others, or whether recovery may be or hereafter become barred by any statute of limitations, or whether such performance may be or hereafter become otherwise unenforceable. Glasgal authorizes Licensee, without notice or demand and without affecting its liability under this Agreement, from time to time to (a) renew, compromise, extend, accelerate, or otherwise change, increase, or decrease Licensor's performance or the terms of this Agreement Glasgal waives any defense arising by reason of any disability or other defense of Licensor or by reason of the cessation from any cause whatsoever of the liability of Licensor. Until this Agreement has expired and all performance of Licensor to Licensee shall have been fully performed, Glasgal shall have no right of subrogation, and waives any right to enforce any remedy, which Glasgal now has or may hereafter have against Licensor. Guarantor waives all demands for performance, notices of nonperformance, protests, notices of protest, and of the creation, or incurring of new or additional obligation or liability of Licensor.
Corporate Guarantee. At the time of the execution of this Contract, each of the Participating Companies shall deliver to CNH the Corporate Guarantee in the form of Annex 2, duly executed by their Guarantor. In the event the Guarantor of the Participating Company is not its parent company in the last corporate level, the Guarantor shall show CNH its duly audited consolidated financial statements demonstrating a minimum net worth of 6 billion Dollars. The minimum net worth shall be maintained until all of the obligations of the Participating Companies have been paid or performed in full on the terms provided in Annex 2. In the event the Guarantor is not the parent company in the last corporate level of the Contractor and in at any moment throughout the term of the Contract said Guarantor is unable to demonstrate a minimum accountable capital of 6 billion Dollars, the Contractor shall notify CNH within the next five (5) Days and submit a new Corporate Guarantee duly subscribed by the parent company in the last corporate level, or by a company with Control over the Contractor or under common Control of the Person exercising Control over the Contractor, duly capitalized in terms of this Article 17.2. Contract No. CNH-R01-L01-A7/2015
Corporate Guarantee. As an additional collateral security for the prompt, irrevocable and complete payment and performance when due, whether at maturity, upon acceleration, extension or otherwise, of all Obligations, the Controlling Shareholder hereby agrees to provide a corporate guarantee substantially pursuant to the terms included in Exhibit D.
Corporate Guarantee. The Corporate Guarantor hereby confirms its consent to the amendments to the Principal Agreement and the Principal Charter Assignment hereunder and to the release of any of the Existing Security Documents and agrees that:
Corporate Guarantee. 9.1. Within the ninety (90) Calendar Days following to the date of signature of this Contract, each one of the constituents of the Contractor shall submit MEM a Corporate Guarantee of its respective parent companies by which the same grant its financial and/or technical support, as it may correspond, in relation to the obligations assumed by the Contractor, according to the model attached as “Appendix C: Corporate Guarantee”
Corporate Guarantee. On the Share Acquisition Date the Borrowers shall procure the delivery to the Security Trustee of:
