Guarantees definition
Examples of Guarantees in a sentence
As security for the obligations of Party B vis-à-vis Party A, on the same date, the Parties entered into an account pledge agreement governed by Luxembourg law (the "Pledge Agreement") and a cash collateral agreement (the "Cash Collateral Agreement"), and the Guarantor (as defined in the Master Agreement) issued to the benefit of Party A two first demand guarantees (garanties autonomes à première demande) (the "Initial Guarantees", each an "Initial Guarantee").
Party B shall pay to Party A's and Other B▇▇▇▇' counsels the legal fees incurred by them in relation to the drafting, negotiation and execution of this Amendment Agreement, the Other Amendment Agreements, the New Guarantees, the Other New Guarantees and any other related documents within thirty (30) calendar days following the request from such legal counsels.
The representations and warranties of the Obligors in this Agreement and of the Subsidiary Guarantors in their respective Subsidiary Guarantees shall be correct when made and at the Closing.
Subject to the preceding sentence, this Agreement, the Notes and any Subsidiary Guarantees embody the entire agreement and understanding between each Purchaser and the Obligors and supersede all prior agreements and understandings relating to the subject matter hereof.
After the termination of this Agreement, each holder of Derivative Obligations shall be entitled, in its sole discretion, to make decisions concerning the Guarantees provided under the Guarantee Agreements.