Replacement Guarantee Sample Clauses

Replacement Guarantee. In the event that Revolver A is terminated by the Lender after the date of this Agreement but prior to the expiration of the Initial Guarantee Period (or, if the Initial Guarantee Period is extended prior to such termination, prior to the expiration of the Guarantee Extension Period) and Parent is able to secure a replacement credit facility either from the Lender or another third-party lender on commercially reasonable terms, including an interest rate that, taking into account the assumption that VPVP will guarantee the obligations of the borrowers under such replacement credit facility, does not exceed the sum of the prime rate (as reported in The Wall Street Journal on the date of the closing of such replacement credit facility) plus 3.5% (any such replacement credit facility, a “Replacement Facility”), VPVP shall guarantee all of the obligations of Parent, Aviza and their respective subsidiaries, successors and assignees under the Replacement Facility (the “Replacement Guarantee”); provided, however, that VPVP shall not be obligated to guarantee in excess of Twenty Million Dollars ($20,000,000) in aggregate principal amount of borrowings under the Replacement Facility pursuant to the Replacement Guarantee. The Replacement Guarantee shall have a term equal to the remaining term of the Initial Guarantee Period or the Guarantee Extension Period, as applicable; and provided further, that if Parent enters into the Replacement Facility during the Initial Guarantee Period, Parent shall have the right to request the Guarantee Extension with respect to the Replacement Facility pursuant to the terms of Section 3.1 hereof.
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Replacement Guarantee. (a) Our Replacement Guarantee period for Permanent Recruitment is 12 weeks from the candidate’s start date.
Replacement Guarantee. Monsoon shall use reasonable best efforts to, effective as of the Closing or as promptly as practicable thereafter, enter into a customary guarantee (the “Replacement Guarantee”) to replace the guarantee given by Indigo Guarantor (the “Busportal Guarantee”) pursuant to the Busportal Shareholders Agreement and obtain from the Initial Shareholders (as defined in the Busportal Shareholders Agreement) a full release of liability on the part of Indigo Guarantor with respect to its obligations under the Busportal Guarantee. From and after the Closing, and until such time as Monsoon has entered into the Replacement Guarantee and obtained such release of liability in accordance with this Section 7.18, Monsoon shall indemnify and hold harmless Indigo Guarantor and its Affiliates for any liability arising under the Busportal Guarantee.
Replacement Guarantee. (a) The Developer may, by notice in writing, request that the City return the Guarantee if:
Replacement Guarantee. 7.1. A twelve (12) week replacement guarantee will be offered for all full 360% recruitment services;
Replacement Guarantee. 7.1 At Client’s request, if a Candidate’s Placement is terminated within eight (8) weeks of its commencement date (including the Candidate’s period of contractual notice), Xxxxxx Xxxxxxx will seek a replacement Candidate, on the condition that:
Replacement Guarantee. In the event that a job applicant referred by RECRUITING FIRM and hired by CLIENT terminates their employment with CLIENT as per guarantee period listed in Attachment A.
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Replacement Guarantee. 5.1 If a candidate you have recruited through us leaves your employment within six (6) months of the date of commencement, we will endeavor to find a replacement free of charge. This replacement guarantee only applies when our fee has been paid with seven (7) days from the date on the invoice, and we have been notified in writing within seven (7) days of the occurrence of a termination, providing the termination is for reasons other than retrenchment change of job description or working conditions. This replacement guarantee is valid for a period of up to six (6) months from termination date and as the replacement guarantee is valid for a period up to six (6) months from termination date and as the replacement guarantee relates to a specific job description, we reserve the right to negotiate our replacement terms should changes occur in the role originally recruited for and is non- transferrable.
Replacement Guarantee. 7.1 In the event that a successfully placed Candidate ceases to be employed by the Client for any reason before the expiration of the Guarantee Period, then subject to the operation of the remainder of this clause 7:
Replacement Guarantee. In the event the employment of a candidate referred to CLIENT under this agreement lasts less than ____ calendar days, and provided that all fees and expenses relating to such referral have been paid, RECRUITING FIRM will attempt to refer a replacement candidate for the same position at no additional charge to CLIENT. RECRUITING FIRM’S obligation under this agreement is limited to attempting to find a replacement candidate. No refund will be made if CLIENT hires a replacement from any source, or if CLIENT is no longer actively seeking to fill the position. Note that the above language expressly limits the recruiting firm’s obligation to referring candidates to fill the same position that was vacated and makes clear that the guarantee only extends to finding a replacement for that position. It does not apply to new or different positions. Nor does it allow the client to fill the position internally, or leave it vacant, and then seek a refund. Instead of replacement, a refund may be used—either full or prorated—as the following examples provide:
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