Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminated. Each Qualified ECP Guarantor intends that this Section constitute, and this Section shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii) of the Commodity Exchange Act.
Appears in 12 contracts
Sources: Credit Agreement (W&t Offshore Inc), Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (TSS, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 12 contracts
Sources: Revolving Credit and Security Agreement (Nn Inc), Revolving Credit and Security Agreement (Nn Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of such other Loan Party’s (a) its obligations under the Guaranty and Security Agreement in respect of Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations any Secured Rate Contract (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 10.23 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 10.23, or otherwise under this Agreement or any other Loan Documentthe Guaranty and Security Agreement, voidable under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 10.23 shall remain in full force and effect until the guarantees in respect of Swap Obligations (other than contingent indemnification obligations that survive under each Secured Rate Contract have been discharged, or otherwise released or terminated in accordance with the termination terms of this Agreement) have been paid in full and the Commitments have expired or terminated. Each Qualified ECP Guarantor intends that this Section 10.23 constitute, and this Section 10.23 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 10 contracts
Sources: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Iteris, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 8 contracts
Sources: Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.24 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.24, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.24 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.24 constitute, and this Section 12.24 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 7 contracts
Sources: Financing Agreement (Xponential Fitness, Inc.), Financing Agreement (Xponential Fitness, Inc.), Financing Agreement (Xponential Fitness, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Secured Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Secured Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 5.21 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 5.21, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 5.21 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 5.21 constitute, and this Section 5.21 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange Act.
Appears in 5 contracts
Sources: Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Holdings Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of such other Loan Party’s (a) its obligations under the Guaranty and Security Agreement in respect of Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations any Secured Rate Contract (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 9.26 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 9.26, or otherwise under this Agreement or any other Loan Documentthe Guaranty and Security Agreement, voidable under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 9.26 shall remain in full force and effect until the guarantees in respect of Swap Obligations (other than contingent indemnification obligations that survive under each Secured Rate Contract have been discharged, or otherwise released or terminated in accordance with the termination terms of this Agreement) have been paid in full and the Commitments have expired or terminated. Each Qualified ECP Guarantor intends that this Section 9.26 constitute, and this Section 9.26 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 5 contracts
Sources: Credit Agreement (Truck Hero, Inc.), Credit Agreement (TA THI Parent, Inc.), Credit Agreement (Diplomat Pharmacy, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 9.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 9.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 9.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 9.1.10 constitute, and this Section 9.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 5 contracts
Sources: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.13, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.13 constitute, and this Section 8.1.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 5 contracts
Sources: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.13, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.13 shall remain in full force and effect until the Payment in Full of the Obligations (other than contingent indemnification obligations that survive and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.13 constitute, and this Section 6.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 5 contracts
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) 's obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 5 contracts
Sources: Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP), Revolving Credit, Term Loan and Security Agreement (Ampco Pittsburgh Corp), Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.13, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.13 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive Payment in Full of the Obligations, the termination of the Commitments and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.13 constitute, and this Section 6.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Revolving Credit and Security Agreement (ARKO Corp.), Revolving Credit and Security Agreement (ARKO Corp.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.07 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 11.07, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.07 shall remain in full force and effect until payment in full (or written release and discharge) of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.07 constitute, and this Section 11.07 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Vertex, Inc.), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.13, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.13 constitute, and this Section 8.1.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.11, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.11 constitute, and this Section 8.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Superior Group of Companies, Inc.), Credit Agreement (Richardson Electronics, Ltd.), Credit Agreement (Lsi Industries Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.18 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.18, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.18 shall remain in full force and effect until Payment In Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.18 constitute, and this Section 8.1.18 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.10 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.10 constitute, and this Section 8.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Cadre Holdings, Inc.), Incremental Facility Amendment to Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (K12 Inc), Credit Agreement (Pegasystems Inc), Revolving Credit Facility (Sun Hydraulics Corp)
Keepwell. Each Qualified ECP Guarantor party Loan Party hereby jointly and severally absolutely, unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each non-Qualified ECP Loan Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection) and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party in order for such Loan Party to honor all of such its guaranty obligations under this Agreement, or other Loan Party’s (a) Documents, in each case, in respect of Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations of a Loan Party (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 7.1.10 [Keepwell] for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.1.10 [Keepwell], or otherwise under this Agreement or any Loan Document, as it relates to such other Loan DocumentParties, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 7.1.10 [Keepwell] shall remain in full force and effect until performance in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each The Qualified ECP Guarantor intends Loan Parties intend that this Section constitute7.1.10 [Keepwell] constitutes, and this Section 7.1.10 [Keepwell] shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 4 contracts
Sources: Revolving Credit Facility (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Revolving Credit Facility (MSA Safety Inc)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.25, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.25 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.25 constitute, and this Section 12.25 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Secured Hedging Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to Swap of Secured Hedging Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 7.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.11, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 7.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 7.11 constitute, and this Section 7.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.11, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.11 constitute, and this Section 8.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 4 contracts
Sources: Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.)
Keepwell. Each Loan Party that is a Qualified ECP Guarantor party at the time the Guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of such its obligations under this Agreement and the other Loan Party’s (a) Documents in respect of such Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations Obligation (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 2.07 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations under this SectionSection 2.07, or otherwise under this Agreement or any other Loan DocumentAgreement, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect with respect to such Qualified ECP Guarantor until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid Agreement or the release of such Guarantor in full and the Commitments have expired or terminatedaccordance with Section 4.13. Each Qualified ECP Guarantor intends that this Section 2.07 constitute, and this Section 2.07 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 3 contracts
Sources: Second Lien Credit Agreement, Second Lien Credit Agreement (TransFirst Inc.), First Lien Credit Agreement (TransFirst Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Specified Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with this Agreement in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 7.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.10, or otherwise under this Agreement or any other Agreement, as it relates to such Specified Loan DocumentParty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 7.10 shall remain in full force and effect until the payment in full in cash of the Secured Obligations (other than (i) contingent indemnification obligations that survive for indemnity, expense reimbursement, tax gross-up or yield protection for which no claim has been made and (ii) Secured Obligations under Other Secured Agreements to the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedextent not currently due). Each Qualified ECP Guarantor intends that this Section 7.10 constitute, and this Section 7.10 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 3 contracts
Sources: Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until Payment In Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Johnson Outdoors Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Quality Gold Holdings, Inc.), Revolving Credit and Security Agreement (Invacare Corp), Revolving Credit and Security Agreement (Invacare Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 [Keepwell] for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10 [Keepwell], or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 [Keepwell] shall remain in full force and effect until Payment in Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 [Keepwell] constitute, and this Section 8.1.10 [Keepwell] shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Credit Agreement (Stoneridge Inc), Revolving Credit Facility (Stoneridge Inc), Credit Agreement (Stoneridge Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) 's obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.12, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.12 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid Payment in full and the Commitments have expired or terminatedFull. Each Qualified ECP Guarantor Loan Party intends that this Section 6.12 constitute, and this Section 6.12 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (B. Riley Financial, Inc.), Revolving Credit, Term Loan and Security Agreement (B. Riley Financial, Inc.), Revolving Credit, Term Loan and Security Agreement (B. Riley Financial, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.11, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive Payment in Full of the Obligations, the termination of the Commitments and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.11 constitute, and this Section 6.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (ARKO Corp.), Revolving Credit and Security Agreement (ARKO Petroleum Corp.), Revolving Credit and Security Agreement (ARKO Corp.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.9 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.9, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.9 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.9 constitute, and this Section 8.1.9 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 3 contracts
Sources: Credit Agreement (Ii-Vi Inc), Credit Agreement (Gentex Corp), Credit Agreement (Ii-Vi Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party, jointly and severally severally, hereby absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each any other Loan Party hereunder to honor all of such other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 9.08 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 9.08, or otherwise under this Agreement or any other Loan DocumentAgreement, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 9.08 shall remain in full force and effect until all of the Guaranteed Obligations and all other amounts payable under this Agreement shall have been paid in full in cash (other than contingent indemnification obligations that survive the termination of this Agreement(including costs and expenses related thereto) have not then payable for which no claim has been paid in full and the Commitments have expired or terminatedasserted). Each Qualified ECP Guarantor Loan Party intends that this Section 9.08 constitute, and this Section 9.08 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 2 contracts
Sources: Credit Agreement (Polycom Inc), Credit Agreement (Polycom Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid payment in full and of the Commitments have expired or terminatedObligations. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Build-a-Bear Workshop Inc), Revolving Credit and Security Agreement (Build-a-Bear Workshop Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.18 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.18, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.18 shall remain in full force and effect until Payment In Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.18 constitute, and this Section 8.1.18 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)
Keepwell. Each Qualified ECP Guarantor party The U.S. Parent Borrower hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with the Loan Documents in respect of such Swap Obligation (but, in each case, only up to Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its such the U.S. Parent Borrower’s obligations and undertakings under this Section, or otherwise under this Agreement or any other Loan Document, Section 12.27 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount)) and without limitation of the foregoing, the U.S. Parent Borrower hereby absolutely, unconditionally and irrevocably guarantees the payment and performance by each Specified Loan Party of its obligations under the Loan Documents with respect to all Swap Obligations. The obligations and undertakings of each Qualified ECP Guarantor the U.S. Parent Borrower under this Section 12.27 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been indefeasibly paid and performed in full and the Commitments have expired or terminatedfull. Each Qualified ECP Guarantor The U.S. Parent Borrower intends that this Section 12.27 to constitute, and this Section 12.27 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 2 contracts
Sources: Abl Credit Agreement (Univar Inc.), Abl Credit Agreement (Univar Inc.)
Keepwell. Each The Guarantor and each other Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, jointly and severally absolutelyseverally, hereby absolutely unconditionally and irrevocably irrevocably: (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection) and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its this Guaranty including those with or any Loan Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section Paragraph 24 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionParagraph 24, or otherwise under this Agreement Guaranty or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section Paragraph 24 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Guaranty and the Commitments have expired or terminatedLoan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section Paragraph 24 constitute, and this Section Paragraph 24 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Guaranty (Inland Real Estate Income Trust, Inc.), Guaranty of Payment and Recourse Obligations (Inland Real Estate Income Trust, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.11, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.11 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.11 constitute, and this Section 6.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Green Plains Inc.), Revolving Credit and Security Agreement (Green Plains Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, each Borrower hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, [PHI Group] Revolving Credit, Term Loan and Security Agreement voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the Payment in Full and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement and Security Agreement (Paylocity Holding Corp), Credit Agreement (Paylocity Holding Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.12 [Keepwell] for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.12 [Keepwell], or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.12 [Keepwell] shall remain in full force and effect until Payment in Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.12 [Keepwell] constitute, and this Section 8.1.12 [Keepwell] shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Meridian Bioscience Inc), Credit Agreement (Meridian Bioscience Inc)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.22 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.22, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.22 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.22 constitute, and this Section 12.22 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1(a)(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Vse Corp), Credit Agreement (Vse Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.14, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.14 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.14 constitute, and this Section 8.1.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Holdings Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, each Borrower hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non- Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive Payment in Full of the Obligations, the termination of the Commitments and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Perma-Pipe International Holdings, Inc.), Revolving Credit and Security Agreement (Perma-Pipe International Holdings, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until the Payment in Full of the Obligations (other than contingent indemnification obligations that survive and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan, Guaranty and Security Agreement (Dasan Zhone Solutions Inc), Export Import Revolving Credit, Guaranty and Security Agreement (Dasan Zhone Solutions Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non- Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.13, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.13 constitute, and this Section 6.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Drilling Tools International Corp), Revolving Credit, Security and Guaranty Agreement (ROC Energy Acquisition Corp.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.13, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive Payment in Full of the Obligations, the termination of the Commitments and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.13 constitute, and this Section 6.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA. 6.14.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Ugi Corp /Pa/), Revolving Credit and Security Agreement (Ugi Corp /Pa/)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, each Loan Party hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 10.19 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 10.19, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 10.19 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 10.19 constitute, and this Section 10.17 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and each Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (International Money Express, Inc.), Credit Agreement (Fintech Acquisition Corp. II)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedTermination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of such other Loan Party’s (a) its obligations under the Guaranty and Security Agreement in respect of Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations any Secured Rate Contract (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 9.26 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.26, or otherwise under this Agreement or any other Loan Documentthe Guaranty and Security Agreement, voidable under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 8.26 shall remain in full force and effect until the guarantees in respect of Swap Obligations (other than contingent indemnification obligations that survive under each Secured Rate Contract have been discharged, or otherwise released or terminated in accordance with the termination terms of this Agreement) have been paid in full and the Commitments have expired or terminated. Each Qualified ECP Guarantor intends that this Section 8.26 constitute, and this Section 8.26 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 2 contracts
Sources: Credit Agreement (Constellium N.V.), Credit Agreement (Constellium N.V.)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.23 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.23, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.23 shall remain in full force and effect until Payment In Full (or written release and discharge) of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.23 constitute, and this Section 12.23 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 2 contracts
Sources: Financing Agreement (Harvard Bioscience Inc), Financing Agreement (Ezcorp Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutelyseverally, subject to Section 10.18 (if applicable), (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 7.1.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.1.13, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 7.1.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 7.1.13 constitute, and this Section 7.1.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Glatfelter Corp), Credit Agreement (Glatfelter Corp)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (subject to the limitations on its Guarantee under its Subsidiary Guaranty and provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.14, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.14 constitute, and this Section 8.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Factset Research Systems Inc), Revolving Credit Facility (Factset Research Systems Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non‑Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.11, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.11 constitute, and this Section 8.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (ICF International, Inc.), Credit Agreement (ICF International, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until payment in full in cash of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (A.S.V., LLC), Revolving Credit, Term Loan and Security Agreement (Manitex International, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.12, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.12 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid Payment in full and the Commitments have expired or terminatedFull. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.12 constitute, and this Section 8.1.12 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.25, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.25 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.25 constitute, and this Section 12.25 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA .
Appears in 2 contracts
Sources: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.9 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.9, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.9 shall remain in full force and effect until Payment In Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.9 constitute, and this Section 8.1.9 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Specified Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with this Agreement in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 7.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.10, or otherwise under this Agreement or any other Agreement, as it relates to such Specified Loan DocumentParty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 7.10 shall remain in full force and effect until the payment in full in cash of the Secured Obligations (other than (i) contingent indemnification obligations that survive for indemnity, expense reimbursement, tax gross-up or yield protection for which no claim has been made and (ii) Secured Obligations under Secured Hedge Agreements, Secured Letters of Credit and Secured Cash Management Obligations to the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedextent not currently due). Each Qualified ECP Guarantor intends that this Section 7.10 constitute, and this Section 7.10 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 2 contracts
Sources: Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all CEA Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of CEA Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.10, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.10 constitute, and this Section 6.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Keane Group, Inc.), Revolving Credit and Security Agreement (Keane Group, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party (defined below), jointly and severally severally, hereby absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each any other Loan Party hereunder to honor all of such other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 20 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 20, or otherwise under this Agreement or any other Loan DocumentAgreement, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 20 shall remain in full force and effect until the earlier of (a) all of the Obligations (excluding contingent obligations as to which no claim has been made) and all other than contingent indemnification obligations that survive the termination of amounts payable under this Agreement) Agreement shall have been paid in full and the all Commitments have terminated or expired or terminatedbeen cancelled, and (b) the release or termination of the guarantee by such Qualified ECP Loan Party pursuant to Section 17 hereof. Each Qualified ECP Guarantor Loan Party intends that this Section 20 constitute, and this Section 20 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.. “Qualified ECP Loan Party” means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guaranty or grant of the
Appears in 2 contracts
Sources: Revolving Credit Agreement (Uber Technologies, Inc), Revolving Credit Agreement (Uber Technologies, Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, each Borrower hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally severally, together with each other Qualified ECP Loan Party, hereby absolutely, unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably undertakes to provide such funds or other support as may be #97100791v3 needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 12.24 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 12.24, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 12.24 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 12.24 constitute, and this Section 12.24 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under the Credit Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section, or otherwise under this the Credit Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full the Credit Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section constitute, and this Section shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with guarantee in respect of such Swap Obligation (but, in each case, only up to Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor's obligations and undertakings under this Section, or otherwise under this Agreement or any other Loan Document, Section 11.24 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.24 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been indefeasibly paid and performed in full and the Commitments have expired or terminatedfull. Each Qualified ECP Guarantor intends that this Section 11.24 constitute, and this Section 11.24 shall be deemed to constitute, a “"keepwell, support, or other agreement” " for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
(l) The Original Loan Agreement and the other Loan Documents are hereby amended to change the address of the Loan Parties to: ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
Appears in 1 contract
Sources: Loan and Security Agreement (Fieldpoint Petroleum Corp)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably undertakes (a) guarantee the prompt payment and performance of all CEA Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertake to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any other Credit Document in respect to of CEA Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.12, or otherwise under this Agreement or any other Loan Credit Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.12 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Credit Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.12 constitute, and this Section 8.12 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Credit Agreement (Keane Group, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non- Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.18 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.18, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.18 shall remain in full force and effect until Payment in Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.18 constitute, and this Section 6.18 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.CEA.
Appears in 1 contract
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.9 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.9, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.9 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.9 constitute, and this Section 6.9 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit, Term Loan, Guaranty, and Security Agreement (Rocky Brands, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Fifth Amended and Restated Credit Agreement (Federated Hermes, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid payment in full and of the Commitments have expired or terminatedObligations. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Build a Bear Workshop Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutelyseverally, subject to Section 10.18 (if applicable), (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 7.1.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.1.13, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 7.1.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 7.1.13 constitute, and this Section 7.1.13 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II)) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Credit Agreement (Glatfelter P H Co)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non‑Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.14, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.14 shall remain in full force and effect until payment in full in cash of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.14 constitute, and this Section 6.14 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Asv Holdings, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party, jointly and severally severally, hereby absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each any other Loan Party hereunder to honor all of such other Loan Party’s (a) Swap Obligations and (b) obligations under its this Guaranty including those with in respect to of Swap Obligations Contracts (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 14, or otherwise under this Agreement or any other Loan DocumentGuaranty, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 14 shall remain in full force and effect until all of the Guaranteed Obligations (and all other than contingent indemnification obligations that survive the termination of amounts payable under this Agreement) Guaranty shall have been paid in full and the all Commitments have terminated or expired or terminatedbeen cancelled. Each Qualified ECP Guarantor Loan Party intends that this Section 14 constitute, and this Section 14 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.”
(iii) All references to Section 14 and Section 15 of the Guaranty shall be deemed references to Section 15 and Section 16 of the Guaranty, respectively (unless the context otherwise requires).
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until the Payment in Full of the Obligations (other than contingent indemnification obligations that survive and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit, Guaranty and Security Agreement (Babcock & Wilcox Enterprises, Inc.)
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, jointly and severally absolutelyseverally, hereby absolutely unconditionally and irrevocably irrevocably: (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection) and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Loan Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 2.4 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 2.4, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 2.4 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedLoan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 2.4 constitute, and this Section 2.4 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Loan Agreement (Inland Real Estate Income Trust, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non- Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.11, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.11 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.11 constitute, and this Section 8.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit Facility Credit Agreement (Appfolio Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) 's obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.12, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.12 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid Payment in full and the Commitments have expired or terminatedFull. Each Qualified ECP Guarantor Loan Party intends that this Section 6.12 constitute, and this Section 6.12 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange Act.CEA. 4886‐4763‐4628><v2>< 4033.197>
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (B. Riley Financial, Inc.)
Keepwell. Each If a Loan Party is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, such Loan Party hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Hedge Liabilities owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s Document in respect of Hedge Liabilities (a) Swap Obligations and (b) obligations under its Guaranty including those with respect to Swap Obligations (providedprovided that, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 13.8 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 13.8, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law relating to Law, including fraudulent conveyance or fraudulent transfertransfer laws, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 13.8 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 13.8 constitute, and this Section 13.8 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and each Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such NonQualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section, Section 8.1.12 or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.12 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.12 constitute, and this Section 8.1.12 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit Facility (New Jersey Resources Corp)
Keepwell. Each Qualified ECP Guarantor party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with this Agreement in respect to of Swap Obligations (Obligations; provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 2.1(j) for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 2.1(j), or otherwise under this Agreement or any Agreement, as it relates to such other Loan DocumentParty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until all amounts owing to the Agent and the Secured Parties by the Loan Parties on account of the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been are fully and finally paid in full cash and the Commitments have expired or are terminated. Each Qualified ECP Guarantor intends that this Section 2.1(j) constitute, and this Section 2.1(j) shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.”
(e) Section 4.2 of the Security Agreement is hereby amended by deleting the phrase “or Schedule 3.21(a)-3” and deleting the phrase “, provided that all financing statements listed on Schedule 3.21(a)-3 to the Credit Agreement shall be terminated on or prior to the Funding Date”.
(f) Section 4.3 of the Security Agreement is hereby deleted in its entirety and replaced with the following:
Appears in 1 contract
Sources: Guarantee and Security Agreement (Trans Energy Inc)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 7.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 7.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 7.10 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 7.10 constitute, and this Section 7.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.10 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedFacility Termination Date. Each Qualified ECP Guarantor Loan Party intends that this Section 8.10 constitute, and this Section 8.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Credit Agreement (Trupanion, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby If a Loan Party is an Eligible Contract Participant, then jointly and severally absolutelyseverally, together with each other Eligible Contract Participant, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Hedge Obligations owing by each Loan Party that is not an Eligible Contract Participant (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other any Loan Party that is not an Eligible Contract Participant to honor all of such Loan Party's obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to Swap of Hedge Obligations (provided, however, that each Qualified ECP Guarantor Eligible Contract Participant shall only be liable under this Section 35 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 35, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Eligible Contract Participant under this Section 35 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Eligible Contract Participant intends that this Section 35 constitute, and this Section 35 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each Borrower and each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.13, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable Applicable Law, including Applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.13 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive Payment in Full of the Obligations, the termination of the Commitments and the termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.13 constitute, and this Section 6.13 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Guarantor, then jointly and severally absolutelyseverally, together with each other Qualified ECP Guarantor, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law, including applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor intends that this Section constitute, and this Section shall be deemed to constitute, constitute a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Asset Based Revolving Credit Agreement (C&J Energy Services, Inc.)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.15, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.15 constitute, and this Section 8.1.15 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.”
(d) Clause (vi) of Section 8.2.4 of the Credit Agreement shall be amended and restated in its entirety as follows:
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange Act.CEA. Table of Contents
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until Payment In Full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedother Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party (as defined below) hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with this Guarantee in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 25, or otherwise under this Agreement or any other Loan DocumentGuarantee, as it relates to such Credit Party, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the a discharge or termination of this Agreement) have been paid in full and the Commitments have expired or terminatedObligations. Each Qualified ECP Guarantor intends that this Section 25 constitute, and this Section 25 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act. “Qualified ECP Guarantor” means, in respect of any Swap Obligations, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 1 contract
Sources: Guarantee (RBC Bearings INC)
Keepwell. Each Qualified ECP Guarantor party hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such Non Qualifying Party’s obligations under this Agreement or any other Loan Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 8.1.10, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 8.1.10 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminatedPayment In Full. Each Qualified ECP Guarantor Loan Party intends that this Section 8.1.10 constitute, and this Section 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Keepwell. Each Qualified ECP Guarantor party The U.S. Parent Borrower hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of such other Loan Party’s (a) Swap Obligations and (b) its obligations under its Guaranty including those with the Loan Documents in respect of such Swap Obligation (but, in each case, only up to Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section for the maximum amount of such liability that can be hereby incurred without rendering its such the U.S. Parent Borrower’sBorrower’s obligations and undertakings under this Section, or otherwise under this Agreement or any other Loan Document, Section 12.27 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount)) and without limitation of the foregoing, the U.S. Parent Borrower hereby absolutely, unconditionally and irrevocably guarantees the payment and performance by each Specified Loan Party of its obligations under the Loan Documents with respect to all Swap Obligations. The obligations and undertakings of each Qualified ECP Guarantor the U.S. Parent Borrower under this Section 12.27 shall remain in full force and effect until the Obligations (other than contingent indemnification obligations that survive the termination of this Agreement) have been indefeasibly paid and performed in full and the Commitments have expired or terminatedfull. Each Qualified ECP Guarantor The U.S. Parent Borrower intends that this Section 12.27 to constitute, and this Section 12.27 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(ii1a(18)(A)(v)(II) of the Commodity Exchange Act.
Appears in 1 contract
Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor party hereby Loan Party, jointly and severally absolutelyseverally, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non-Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Loan Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 10.16 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 10.16, or otherwise under this Agreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 10.16 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedLoan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 10.16 constitute, and this Section 10.16 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Credit Agreement (Universal Stainless & Alloy Products Inc)
Keepwell. Each If it is a Qualified ECP Guarantor party hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of such other Loan Non Qualifying Party’s (a) Swap Obligations and (b) obligations under its Guaranty including those with this Agreement or any Other Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 6.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 6.15, or otherwise under this Agreement or any other Loan Other Document, voidable under applicable lawApplicable Law, including applicable lawApplicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 6.15 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedOther Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 6.15 constitute, and this Section 6.15 shall be #543181718543198116 deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Virco MFG Corporation)
Keepwell. Each Obligor, if it is a Qualified ECP Guarantor party hereby Loan Party, jointly and severally absolutelyseverally, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non‑Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non‑Qualifying Party to honor all of such other Loan Non‑Qualifying Party’s (a) Swap Obligations and (b) 's obligations under its Guaranty including those with this Agreement or any Credit Document in respect to of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 9.13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this SectionSection 9.13, or otherwise under this Agreement or any other Loan Credit Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 9.13 shall remain in full force and effect until payment in full of the Obligations (other than contingent indemnification obligations that survive the and termination of this Agreement) have been paid in full Agreement and the Commitments have expired or terminatedCredit Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 9.13 constitute, and this Section 9.13 shall be deemed to constitute, a “guarantee of the obligations of, and a "keepwell, support, or other agreement” " for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(ii1a(18(A)(v)(II) of the Commodity Exchange ActCEA.
Appears in 1 contract