Founder Guarantee definition

Founder Guarantee means the full and unconditional guarantee provided by the Founder Guarantor in respect of the Note as made applicable to the Note substantially in the form of Exhibit C hereto.
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Examples of Founder Guarantee in a sentence

  • The Founder Guarantor acknowledges that it will receive substantial direct and indirect benefits from the transactions contemplated by the Note Documents and that the waivers set forth in this Founder Guarantee are knowingly made in contemplation of such benefits.

  • Other than as may be provided in the Founder Guarantee to be executed and delivered by the Founder Guarantor substantially in the form of Exhibit C hereto, no director, officer, employee, shareholder or Affiliate of the Company from time to time shall have any liability for any obligations of the Company under the Note or this Agreement.

  • If, notwithstanding such efforts, a Founder Shareholder remains liable under any Founder Guarantee, Parent and Sub shall indemnify and hold harmless such Founder Shareholder with respect to such Founder Guarantee.

  • This Founder Guarantee will not be discharged with respect to the Note except by payment in full of the principal of, premium, if any, and interest on the Note and all other amounts payable or as otherwise contemplated in the Note Documents.