Examples of Parent Guarantee in a sentence
Both parents of each Student signing this lease are required to sign a Parent Guarantee form.
No keys shall be given to any Student before all rents and security deposits from all Students have been paid and all Parent Guarantee forms have been turned in.
If Parent and the Company merge with each other or consolidate together in a transaction permitted by Sections 5.01 and 5.02, then the Parent Guarantee shall automatically be terminated upon the consummation of such merger or consolidation and shall no longer have any effect from such time without any further action required on the part of the Trustee or any Holder.
All things necessary to make this Indenture a valid agreement of the Parent, in accordance with its terms, have been done, and the Parent has done all things necessary to make the Parent Guarantee, when the Notes are executed by the Company and authenticated and delivered by the Trustee and duly issued by the Company, the valid obligations of Parent as hereinafter provided.
The proper completion and signing of the Parent Guarantee form constitutes a material term and requirement of this Lease.