WGS Clause Samples
WGS. All assets, properties, rights, obligations and liabilities --- included in the GESCO Business (including the outstanding shares of, or other equity interests in, any corporation or other legal entity in which any of such assets, properties, rights, obligations and liabilities are held) that arise from, relate to, or are used in connection with (i) the Savannah River Management and Operations contract (the "SAVANNAH RIVER M&O CONTRACT"), including the outstanding shares of, or other equity interests in, Westinghouse Savannah River Company, Inc. or any successor entity,
WGS. MK and BNSI will jointly replace each of the Outstanding --- Letters of Credit and Bonds that secure or support obligations that arise from the WGS Operations with substitute financial arrangements on or before the GESCO Closing Date and will provide such credit support, including guarantees from MK and BNSI or their respective affiliates, as may be necessary to put such substitute financial arrangements into effect, in accordance with the terms of the WGS Agreement.
WGS. MK and BNSI shall be responsible for the cash and other funding --- requirements of WGS in accordance with the terms of the WGS Agreement.
WGS. MK and BNSI shall be responsible for providing guarantees or --- other credit support for WGS, and for the costs and liabilities of such actions and arrangements, in accordance with the terms of the WGS Agreement.
WGS. In the case of any liability of any kind or nature --- whatsoever (including liabilities existing on the GESCO Closing Date) that arises from the business or operations of WGS, WGS will indemnify and defend MK-Delaware, MK, their affiliates, BNFL, BNFL-USA, BNSI and their affiliates, WGNH and any other Second Tier Entities and their affiliates and hold them harmless against any loss or expense arising from such liability or claim (including
WGS. In the case of any liability of any kind or nature --- whatsoever (including liabilities existing on the GESCO Closing Date) that arises from the business or operations of WGS, WGS will indemnify and defend MK-Delaware, MK, their affiliates, BNFL, BNFL-USA, BNSI and their affiliates, WGNH and any other Second Tier Entities and their affiliates and hold them harmless against any loss or expense arising from such liability or claim (including reasonable attorneys' fees but excluding consequential damages) ("LOSSES"); provided that
CONFIDENTIAL (i) there shall be excluded from indemnification any Loss that is reflected in a reduction in the value of any equity interest in WGS held by MK or its affiliates or in the amounts payable to BNSI under the WGS Agreement, and