Joint Guarantors definition

Joint Guarantors means ND, MD and New Deminvest which are jointly and severally (solidairement) liable for the purpose of this Share Purchase Agreement.
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Joint Guarantors. (Fiadores Solidarios) means Camposol Holding Ltd, Campoinca S.A., and Marinazul S.A.
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Examples of Joint Guarantors in a sentence

  • Should the Guarantors or the Secured Creditor make any tax withholding or deduction, the sums paid by the Joint Guarantors to the Secured Creditor shall be increased by the sum necessary to enable the Secured Creditor to receive the total amount that would apply in the absence of such taxes.

  • In the event that Party B shall be lacking any essentials of the Sales and Purchase Agreement or of the issued checks, having any uncompleted procedures, having any defeats liability on the recover of security, the party's Joint Guarantor(s) shall be deemed responsible for the liabilities incurred.

  • In the event that the Joint Guarantor(s) deemed itself unable to fulfill the role of being a guarantor, Party B shall find another Joint Guarantor(s) with the Party A's approval and should complete all the formalities in obtaining a Joint Guarantor(s).

  • The Party B may make some amendment to conditions of this Agreement should the Party B deem it necessary with Party A's approval during the term of this Agreement, thereupon Party B's Joint Guarantor(s) shall be unconditionally and continuously liable for the liabilities on guarantees regardless on whether the Joint Guarantor(s) receives a prior notice or not.

  • Party A may request Party B to fund a new Joint Guarantor(s) for replacement in which Party B has no rights on objection.

  • In such cases, the Joint Guarantor(s) shall not have any objections or claim on the decrease of the liabilities of the guarantees.

  • Party B and Party B's Joint Guarantor(s) shall jointly issue checks with the total amount of NT$22,206,600 to Party A.

  • Joint Guarantors certify that the above shares are all the shares held by them in Buyer as of Transaction Completion Date, and that they have not underreported or concealed the shares they own.

  • In addition, Party A agrees that the Joint Guarantor(s) shall be continuously liable for joint and several liabilities whilst Party B shall delay paying off the obligations.

  • The Joint Guarantor(s) of Party B shall ensure that Party B performs all provisions of this Agreement.