Examples of Buyer Guaranty in a sentence
Within five Business Days after the Execution Date, Buyer shall cause Buyer Guarantor to file necessary approvals with the Bank of Korea for Guarantor’s execution, delivery and performance of the Buyer Guaranty.
Buyer shall have performed or complied in all material respects with the obligations, agreements, and covenants of Buyer contained in this Agreement as to which performance or compliance by Buyer is required prior to or at the Closing Date and Seller shall have received a duly executed and delivered Buyer Guaranty.
The Buyer Guaranty constitutes an irrevocable and continuing guarantee of payment and performance and Buyer shall be liable for any breach of any of the Acquisition Co.
The Buyer Guaranty is in full force and effect and is a valid and binding obligation of the parties thereto, enforceable against such parties in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency and other laws affecting the rights of creditors generally and except that equitable remedies may be granted only in the discretion of a court of competent jurisdiction.
On the Effective Date, Buyer shall cause the Buyer Guarantor to execute and deliver the PSA Buyer Guaranty with respect to Buyer’s obligations under this Section 9.1.