Common use of Parent Guarantees Clause in Contracts

Parent Guarantees. (a) Concurrently with the execution of this Agreement, the Southern Ute Indian Tribe, a federally recognized Indian Tribe, acting by and through a division of the Tribe doing business as the Southern Ute Indian Tribe Growth Fund, shall execute and deliver to Buyer a guaranty substantially in the form of Exhibit G. (b) Concurrently with the execution of this Agreement, Midstates Petroleum Company, Inc., a Delaware corporation, shall execute and deliver to Sellers a guaranty substantially in the form of Exhibit I.

Appears in 3 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC), Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)