Guaranteed Party definition
Examples of Guaranteed Party in a sentence
Any provision of this Limited Guaranty may be amended or waived only in a writing signed by the Guarantor and the Guaranteed Party.
Without expanding the obligations of the Guarantor hereunder, the Guaranteed Obligations shall conclusively be deemed to have been created, contracted or incurred in reliance upon this Limited Guaranty, and all dealings between Parent, Merger Sub and/or the Guarantor, on the one hand, and the Guaranteed Party, on the other, shall likewise be conclusively presumed to have been had or consummated in reliance upon this Limited Guaranty.
Nothing set forth in this Limited Guaranty shall affect or be construed to affect any liability of Parent, Merger Sub or the Company or shall confer or give, or shall be construed to confer or give, to any Person (including any Person acting in a representative capacity or any equity holder of the Guaranteed Party) other than the Guaranteed Party any rights or remedies against any Person, including the Guarantor, except as expressly set forth herein.
Neither this Limited Guaranty nor any of the rights, interests or obligations hereunder shall be assignable without the prior written consent of the Guaranteed Party (in the case of an assignment by the Guarantor) or the Guarantor (in the case of an assignment by any of the Guaranteed Party) and any attempted assignment without such required consents shall be null and void and of no force or effect.
For the avoidance of doubt, until termination of the Guaranteed CVR Obligation, and subject to Section 9, the Guaranteed Party shall be entitled to enforce the Guarantor’s obligation under this Section 8.