Common use of RELEASE FROM GUARANTEES Clause in Contracts

RELEASE FROM GUARANTEES. PalEx shall use its commercially reasonable best efforts to have the Stockholders released from the personal guarantees of the Company's indebtedness identified in SCHEDULE 6.1. PalEx hereby agrees to indemnify each such Stockholder and hold such Stockholder harmless for any amounts that such Stockholder is required to pay in connection with the enforcement of any obligations under such personal guarantees after the Closing, including without limitation any reasonable attorneys' fees and expenses incurred in connection therewith.

RELEASE FROM GUARANTEES. PalEx shall use its commercially reasonable best efforts to have the Stockholders released from the personal guarantees of the Company's or the Subsidiary's indebtedness identified in SCHEDULE 6.1. PalEx hereby agrees to indemnify each such Stockholder and hold such Stockholder him harmless for any amounts that such Stockholder is required to pay in connection with the enforcement of any obligations under such personal guarantees after the Closing, including without limitation any reasonable attorneys' fees and expenses incurred in connection therewith.

RELEASE FROM GUARANTEES. PalEx shall use its commercially reasonable best efforts to have the Stockholders released from the personal guarantees of the Company's Company indebtedness identified in SCHEDULE 6.1. PalEx hereby agrees to indemnify each such Stockholder and hold such Stockholder harmless for any amounts that such Stockholder is required to pay in connection with the enforcement of any obligations under such personal guarantees after the Closing, including without limitation any reasonable attorneys' fees and expenses incurred in connection therewith.

RELEASE FROM GUARANTEES. PalEx shall use its commercially reasonable best efforts to have the Stockholders Stockholder released from the personal guarantees of the Company's Company indebtedness identified in SCHEDULE 6.1. PalEx hereby agrees to indemnify each such the Stockholder and hold such the Stockholder harmless for any amounts that such the Stockholder is required to pay in connection with the enforcement of any obligations under such personal guarantees after the Closing, including without limitation any reasonable attorneys' fees and expenses incurred in connection therewith.

RELEASE FROM GUARANTEES. PalEx shall use its commercially reasonable best efforts to have the Stockholders released from the personal guarantees of the Company's Company and Western indebtedness identified in SCHEDULE 6.1. PalEx hereby agrees to indemnify each such Stockholder and hold such Stockholder harmless for any amounts that such Stockholder is required to pay in connection with the enforcement of any obligations under such personal guarantees after the Closing, including without limitation any reasonable attorneys' fees and expenses incurred in connection therewith.