Reimbursement of the Guarantor Sample Clauses

Reimbursement of the Guarantor. If at any time (a) the Company has defaulted in making any payment constituting Guaranteed Obligations (a “Defaulted Payment”) and (b) the Guarantor has paid such Defaulted Payment pursuant to Section 14.1 of this Guaranty, Trustee or the applicable Holder receives all or a portion of the Defaulted Payment from the Company, the Trustee or such Holder, as applicable, hereby agrees to immediately reimburse the Guarantor in an amount equal to all or whatever portion of the Defaulted Payment it has received from the Company.
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Reimbursement of the Guarantor. 6.2.1 If the Guarantor has made a Guarantee Payment under the Guarantee, and the Arranger, the PSP or any Qualified Lender, receives any Recovered Funds pursuant to such Declared Triggering Event, the Arranger shall promptly reimburse the Guarantor on a pro rata basis with the Guarantee Beneficiaries, whereby the Guarantor shall receive the Guaranteed Recovery Amount up to a maximum of the full amount under such Claim Request and the Arranger’s obligation for such reimbursement shall be valid up to ten (10) years after the Coverage Expiration Date. As the Arranger’s Loan is subordinated the Arranger shall only be reimbursed by any Recovered Funds if the Guarantors’ and the Guarantee Beneficiaries’ claims have been fully satisfied.
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Reimbursement of the Guarantor. If at any time (a) the Issuer has defaulted in making any payment constituting Guaranteed Obligations (a “Defaulted Payment”), (b) the Guarantor has paid such Defaulted Payment pursuant to Section 12.01 and (c) the Trustee or the applicable Holder receives all or a portion of the Defaulted Payment from the Issuer, the Trustee or such Holder, as applicable, hereby agrees to immediately reimburse the Guarantor in an amount equal to all or whatever portion of the Defaulted Payment it has received from the Issuer.
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Reimbursement of the Guarantor. To the extent not paid or reimbursed by the Company, each Member shall promptly reimburse the Guarantor for its Pro Rata share of all payments, fees and expenses made or incurred by the Guarantor in connection with its guarantee, under Section 8.21 of the Purchase Agreement, of the payment and performance of the Company’s obligations under the Purchase Agreement and the other Transaction Documents (as such term is defined in the Purchase Agreement).
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Related to Reimbursement of the Guarantor

  • Reimbursement of the Underwriters’ Expenses If, after the execution and delivery of this Agreement, the Units are not delivered for any reason other than the termination of this Agreement pursuant to the fifth paragraph of Section 8 hereof or the default by one or more of the Underwriters in its or their respective obligations hereunder, the Company shall, in addition to paying the amounts described in Section 4(m), reimburse the Underwriters for all of their out-of-pocket expenses, including the fees and disbursements of their counsel.

  • Reimbursement of the General Partner (a) Except as provided in this Section 7.4 and elsewhere in this Agreement, the General Partner shall not be compensated for its services as a general partner or managing member of any Group Member.

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Covenants of the Guarantor The Guarantor covenants and agrees through the Termination Date, that:

  • Reaffirmation of the Guaranty Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under its Guaranty are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Obligations (as defined in its Guaranty), as such Guaranteed Obligations may have been amended by this Agreement, and its execution and deliver of this Agreement does not indicate or establish an approval or consent requirement by such Guarantor under its Guaranty in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the other Loan Documents.

  • Payment of the Grant 8.1 The Commonwealth agrees to pay the Grant to the Grantee in accordance with the Grant Details.

  • Cooperation with Agents of the Trust The Adviser agrees to cooperate with and provide reasonable assistance to the Trust, any Trust custodian or foreign sub-custodians, any Trust pricing agents and all other agents and representatives of the Trust, such information with respect to the Funds as they may reasonably request from time to time in the performance of their obligations, provide prompt responses to reasonable requests made by such persons and establish appropriate interfaces with each so as to promote the efficient exchange of information and compliance with applicable laws and regulations.

  • Continuing Obligations of the Grantors Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

  • Rights Obligations and Powers of the General Partner 6.1 Management of the Partnership.

  • Delivery of the Funding Agreement and the Guarantee The Trust hereby authorizes the Custodian, on behalf of the Indenture Trustee, to receive the Funding Agreement from Principal Life and the Guarantee from PFG pursuant to the assignment of the Funding Agreement and Guarantee (the “Assignment”), to be entered into on the Original Issue Date, included in the closing instrument dated as of the Original Issue Date (the “Closing Instrument”).

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